market competition, rather than incentives, encourages large companies to innovate
- believe that the impulses to stimulate innovation are geared to small and medium enterprises.
By F. Orellana / C. Marin
The Chilean companies have adopted the path of innovation motivated by the search fresh ideas and better products to meet the competition, rather than by tax incentives and credit lines launched by the government to promote research and development (R & D) executives agreed after the Sixth Annual Investor Summit-Santander Capital GBM held last week.
And is that while the government, through CORFO and InnovaChile, has made significant changes to the lines of financing for entrepreneurship and innovation and, moreover, is about to approve a new law on higher R & D tax incentives, the truth is that large companies consider that these mechanisms work more towards promoting the new processes in enterprises small and medium size, mainly because the scale of operation is higher and move large volumes, so that at the end of the day are themselves self-motivated and they decide when and how to innovate. Richard Buchi, Entel executive vice president, explains that "there is interest from several state agencies to promote innovation in the country. Now, concrete actions we have not followed closely, because they are always oriented to small and medium entrepreneur. In addition, Entel is a company that does not need (use of state incentives in this area), but be aware that the issue is very relevant, "he said, specifying that have a center of innovation and are looking to have to institutionalize budget.
same opinion Raul Vejar, CEO of Probe, saying that "all measures aimed at encouraging R & D are positive, and above all to motivate companies and people to make innovation and progress, but Generally SMEs are to benefit them most. We, as we are in a highly competitive business, we must be constantly innovating and optimizing our costs and processes. " Matches
Arturo Tagle, general manager of Banco de Chile, noting that no public funds have been used because "we believe are designed for other industries and not for banking. The dimensions in which we operate are giants, and the funds are targeted to small or small-scale innovations to introduce something new, "he said. While the general manager of Banco Santander, Claudio Melandri, adding that they decide to innovate" to look at market, see where the economy is going, how we will grow, but mostly we look at our plans and what we do. "
Lack of
Although they are the same companies who decide to drive innovation , the fact is that few who have dared to address it. According to the latest Survey of Innovation, investment in R & D Chile barely 0.4% of GDP, although it is clear, says general manager SalfaCorp, Francisco Garces, who promote it is a tremendous advantage for Chilean firms in the medium and long term. "
Eduardo Guilisasti, general manager of the winery Concha y Toro, meanwhile, said that while staying in time we must innovate, not everyone can do it. "I do not see any company that wants to remain without a significant level of innovation within it, that is inherent in the companies, but another thing is that has the resources, the facility and the economic environment make it available," says Guilisasti.
To Véjar also passes through a matter of attitude. "Beyond incentives or subsidies that exist, I think it's an attitude problem companies because doing things is to have desire," he says.
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