in which RD spending, innovation, productivity, and per capita income mutually reinforce each other and lead to long … impact on total factor productivity. We pay special attention to whether there is heterogeneity in the effects of investments … in innovation on productivity and whether there is any evidence of spillovers that could guide policy design. We found …

productivity at the firm level in three countries of Latin America Chile, Colombia, and Uruguay. The main findings show that … innovate have higher labour productivity than non-innovative firms. Size was found to be a less relevant determinant of …