Abstract:
Emerging economies are striving to fortify their institutions, to achieve economic growth. However, they are still prone to exogenous shocks. When uncontrollable scenarios overwhelm the capacity to adapt, the institution is in a turbulent field. This paper presents an introductory analysis of public institutions in the Pacific Alliance, i.e. Chile, Colombia, Mexico and Peru. It evaluates current strategic planning and also inquiries into the practice of scenario planning, or what existent elements that favour the foresight narrative. Through a comparative analysis of public institutions, it finds that the use of communication and the social process of planning are useful existent elements. Nevertheless, the focus on one future – which is usually circumscribed to the government agenda – limits the capacity of future building to challenge status-quo thought. This paper holds practical implications for political actors and contributes to the theory of planning in turbulent fields.

Resumen:
No disponible

Authors: Juan Carlos Ladines Azalia and William Castillo Stein
Journal reference: FIIB Business Review, Volume 6 Issue 3, July – September 2017
Full document: not available

Abstract:
This study evaluates the impact of informal competition on the innovation performance of formal firms in emerging economies.

A theoretical model under the strategy tripod framework is proposed. It analyses the effects of institutional factors such as the quality of governance and market labour rigidities on innovation performance, and the mediating effect of informal competition. The study uses the Causal Mediation Analysis with data from 3,268 companies from the World Bank Enterprise Survey in the countries of the Pacific Alliance (Chile, Colombia, Mexico, and Peru).

The results state that informal competition has a negative effect on the innovation performance of formal companies. Based on these findings, this work suggests some promising avenues for future research, and it has managerial implications.

Resumen:
No disponible

Authors: Jorge Heredia, Alejandro Flores, Cristian Geldes and Walter Heredia
Full document: 2017, Heredia et al, Effects of Informal Competition on Innovation Performance- the Case of Pacific Alliance