{"title":"The Al-Invest Contribution to the Resilience of the Chemical Company: Development Cooperation","authors":"Tania Elena González Alvarado","doi":"10.36941/jicd-2021-0009","DOIUrl":null,"url":null,"abstract":"This article aims to identify the contribution of the Al-Invest program to resilience and economic growth in companies in the chemical sector. The study sample consists of 596 European and Latin American companies that benefited from Al-Invest. It was found that Knowledge Transfer was not the main interest in the collaborations. The economic dynamics of the chemical industry pressure companies to compete, having a low impact on local development when it comes to knowledge transfer. Al-Invests contribution is oriented to the company in four aspects: relational capital with foreign agents, geographic openness, open innovation, and greater technological and marketing capacity. These four elements increase the resilience and economic growth of the company, accompanied by a favorable impact on economic development in the region. \n \nReceived: 2 September 2021 / Accepted: 5 October 2021 / Published: 5 November 2021","PeriodicalId":302999,"journal":{"name":"Journal of International Cooperation and Development","volume":"35 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2021-11-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of International Cooperation and Development","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.36941/jicd-2021-0009","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
This article aims to identify the contribution of the Al-Invest program to resilience and economic growth in companies in the chemical sector. The study sample consists of 596 European and Latin American companies that benefited from Al-Invest. It was found that Knowledge Transfer was not the main interest in the collaborations. The economic dynamics of the chemical industry pressure companies to compete, having a low impact on local development when it comes to knowledge transfer. Al-Invests contribution is oriented to the company in four aspects: relational capital with foreign agents, geographic openness, open innovation, and greater technological and marketing capacity. These four elements increase the resilience and economic growth of the company, accompanied by a favorable impact on economic development in the region.
Received: 2 September 2021 / Accepted: 5 October 2021 / Published: 5 November 2021
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