The Moderating Role of Collaboration on Innovation and Eco-Innovation Obstacles: Evidence from Latin American Firms

The climate emergency in Latin America and the Caribbean (LAC) has transformed sustainability from an aspirational goal into a strategic imperative, particularly in the context of decoupling economic growth from natural capital depletion. This research analyzes eco-innovation within the frameworks of the National Innovation System (NIS), open innovation, and absorptive capacity, with the objective of examining the moderating role of collaboration in overcoming financial, knowledge, and market-related obstacles to innovative behavior. Employing a quantitative methodology using firm-level microdata from the Latin American Harmonized Innovation Surveys (LAIS) between 2007 and 2017, this study focuses on eco-innovative outcomes specifically linked to reductions in energy and material consumption. By estimating models that assess the role of technical cooperation and public policy support, this study seeks to determine whether collaborative strategies operate as an effective buffer against uncertainty and the limitations of local innovation systems. Expanding the scope of previous analyses centered on a single country, this work provides a regional perspective that underscores institutional and sectoral disparities in emerging contexts. Ultimately, this research examines how integrating an environmental purpose into corporate strategy and strengthening absorptive capacity enable LAC firms to transform ecological pressures into sustainable competitive advantages, mitigating the barriers that traditionally hinder technological progress in the region.