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Research Articles. Los Proceres, Jardines del Norte. Santo Domingo, Dominican Republic. E-mail: victor. In this paper is analyzed the structure of preference of incentives to innovation of Dominican manufacturing and services firms.
The analysis of preference was carried out using a Conjoint Analysis. Keywords: incentives; innovation; conjoint analysis; dominican republic.
In ex-ante and ex-post evaluation of public policies, several techniques have been used through time. Louviere, Some conceptual basis. Fiscal incentives in STI policy. Defining attributes and levels. Table 1. Attributes and levels. Control variables. The control variables were defined to support the analysis of preferences, and refer to basic characteristics of firms. For the analysis of preferences, the CA procedure selected was the decompositional approach.
Green et al. Segmentation of preferences. In the CA, the disaggregation of preferences is called "segmentation". In order to perform a simulation of probabilities of choice, the last two profiles generated during the orthogonal design were utilized.
In expression 3, J represents the total number of profiles. As it has been stated, firms were sampled from a universe of 6, firms. In regards to their general characteristics, the surveyed firms are distributed as follows: Concerning the capital structure, Related to the target market, In regards to the life cycle of products, Aggregate analysis of preferences.
Table 2. Factors in the estimated aggregated model. Table 3. Correlation of the expected preferences. Table 4.
Part-worths of levels of incentives to innovation at aggregated level of firms. Two segmentations were made: a priori and post-hoc, in order to provide an answer to the second research question.
Chart 1. Table 6. Part-worths of level of incentives of manufacturing and service firms. Examining the attributes, it is obvious that both types of firms have a converging structure of preferences. Insert table 7. Chart 2. Table 7. Part-worths of level of incentives of innovation in clustered firms. The a priori segmentation did not find statistical differences between groups taking into account their activities. Chart 3.
Table 8. Probabilities of choices of the simulation profiles at the aggregated level. Table 9. Regarding the use of the Conjoint Analysis. Using choice experiment for non-market valuation. Goteborg University. Changing knowledge production and Latin American universities. Washington, D. Ecological Economics 18 , R, Teisl, M. A comparison of conjoint analysis response formats.
Technological regimes and Schumpeterian patterns of innovation. Shared mental models: ideologies and institutions. Journal of MultiCriteria Decision Analysis 16 , Institutions and organizations in systems of innovation. London, U. Yale University. Thirty years of conjoint analysis: reflections and prospects. Conjoint analysis in consumer research: issues and outlook.
Journal of Marketing, 54 4 , Economic Studies, 2 , Santo Domingo, D. Journal of Economic Surveys, 15 3 , Using choice experiment to value the environment. HSU, C. The Delphi Technique: making sense of consensus. The importance of utility balance in efficient choice designs. A new approach to consumer theory. The Journal of Political Economy, 74 2 , Conjoint analysis modelling of stated preferences.
Stated Choice Method. Analysis and Application ist ed. Econometric models for probabilistic choice among products. Quarterly Review of Economics and Finance, 48 2 , Technology, institutions, and innovation systems. Research Policy, 31 2 , SME and Entrepreneurship Outlook pp. Journal of Natural Resources Policy Research, 3 4 , PARK, W.
Psicothema, 12 2 , Informe de Desarrollo Humano Elementos de Muestreo 6 ed. Paraninfo, S. Innovation and Incentives. Cambridge, MA. SEN, A. Rational fools: a critique of the behavioral foundations of economic theory. P Power of the Multivariate Analysis of Variance Tests. Psychological Bulletin, 88 3 , Building competitive firms: technology policy initiatives in Latin America. Annex 1.
Edwin González Lizardo
Research Articles. Los Proceres, Jardines del Norte. Santo Domingo, Dominican Republic. E-mail: victor. In this paper is analyzed the structure of preference of incentives to innovation of Dominican manufacturing and services firms. The analysis of preference was carried out using a Conjoint Analysis.
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