Technology-Based Companies: The Case of South American Countries

In recent decades, technology-based companies have achieved significant global recognition, given their importance and substantial contribution to the economic and sustainable development of organizations and society at large, through job and wealth creation. The research objective focuses on determ...

Full description

Saved in:
Bibliographic Details
Main Author: Morales-Molina, Tania (author)
Other Authors: Núñez-Torres, Gabriel (author), Hernández-Espín, Voroshilov (author), Yánez-Rueda, Hugo (author)
Format: article
Language:eng
Published: 2022
Online Access:https://link.springer.com/chapter/10.1007/978-981-16-4884-7_41
https://hdl.handle.net/20.500.14809/3045
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:In recent decades, technology-based companies have achieved significant global recognition, given their importance and substantial contribution to the economic and sustainable development of organizations and society at large, through job and wealth creation. The research objective focuses on determining the relationship between technology-based companies and R&D and innovation spending. To meet the objective, the methodology applied was based on the application of Pearson’s correlation coefficient statistical technique, since it allows to obtain an association coefficient between variables that do not behave normally. The results indicate that R&D spending and innovation are representative factors for the operation of technology-based companies.