International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

Investment in Research & Development in Mexican Agribusiness Companies
Alejandra Lopez Salazar, José Felipe Ojeda Hidalgo, Celina López Mateo

The aim of this study is to determine the differences between companies that invest in R&D, and those that do not, in relation to the cultural capital held by staff, the technological position they have achieved in comparison to competitors and strategies used to implement activities of continuous improvement and innovation. We surveyed 111 manufacturers in the agro-industrial sector of the city of Celaya, Guanajuato, Mexico. The results show that companies that allocate a budget to continuous improvement activities and innovation are those with greater cultural capital in its staff, maintain a better technological position and used to a greater extent, tangible resources as a basis for their innovation activities. Implications for the academic, business and government sectors are presented.

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