Business innovation from the perspective of public investment policies in the private and public sectors in Ecuador

Abstract

The article aims to analyze business innovation, from the public investment policies of the private and public sectors in Ecuador. The analysis is carried out using the historical-logical method, for the study of the theory and practice of innovation, from the aforementioned perspective; the analysis-synthesis, in the characterization of the appropriate framework to promote this process; and the method from the general to the particular, to study it at the international and national level. It was shown that public investment policies have been a significant boost to achievements in business innovation. However, it is important to continue to adjust these policies to address changing challenges and ensure long-term sustainability of successes. Which requires a favorable political framework, greater investment in research and development, and increased public-private collaboration. access to financing, stimulation of strategic sectors and protection of intellectual property.