The INNOVAlatino Report

You can find the report (in Spanish) “InnovaLatino: Impulsando la innovacion en America Latina” here

You can find the report (in Portuguese) “InnovaLatino: promovendo a inovação na América Latina” here

You can find the report (in English) "InnovaLatino: Fostering Innovation in Latin America" here

Latin America lags behind OECD economies when it comes to its innovation performance which impacts on its economic position and social well-being. Interesting and positive steps taken by Latin American public institutions and private businesses promise to improve innovation performance. These isolated measures need to be accompanied and leveraged by a broad innovation-policy agenda which includes sector, territorial and financial dimensions.

  • Taking stock of the Innovation Puzzle

  • Despite its celebrated creativity and examples of innovation at the firm-level, traditional and non-traditional indicators show that innovation is weak in Latin America, which is reflected in poor productivity and, ultimately, slow economic growth.

  • Institutional strengthening and business innovations are under way

  • Several countries are building, or strengthening, their institutional frameworks for innovation policy, among others Argentina, Chile, Mexico and Brazil. In the private sector, many firms are developing innovating strategies to weather the crisis. But much work remains to be done.

  • Strengthening a innovation-policy agenda

    InnovaLatino is exploring a variety of policy tools to foster innovation and strengthen the link between firm-level innovation and macro-level economic performance. Policy tools under consideration include a focus on resource-based economies, the development of new models of growth, a closer link between education and firms, innovation clusters and a broader access to financial market.

The Innovalatino report draws on a variety of resources including:

  • The InnovaLatino Survey 2010 – a survey of firms from Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, Peru, and Uruguay;

  • Case studies of different sized organizations (e.g., from Global Latinas to medium-sized firms to entrepreneurs); and

  • Existing research and indicators from a variety of relevant sources.