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Mission healthcare: using economic complexity to devise mission-oriented diversification strategies for Brazil

Author

Listed:
  • João P. Romero

    (Cedeplar/UFMG)

  • Fabrício Silveira

    (Cedeplar/UFMG)

  • Elton Freitas

    (Cedeplar/UFMG)

Abstract

The paper seeks to combine mission-oriented and complexity-based smart specialization policies to devise diversification strategies focused on health-related products for Brazil. The approach is largely empirical and applies the economic complexity methodology to assess the best routes for Brazil, a country facing severe economic constraints but with a considerable level of productive capabilities already established in the healthcare sector. The mission-oriented development strategy outlined in this paper seeks enhance Brazil’s productive specialization while addressing also socioeconomic and environmental challenges.

Suggested Citation

  • João P. Romero & Fabrício Silveira & Elton Freitas, 2022. "Mission healthcare: using economic complexity to devise mission-oriented diversification strategies for Brazil," Textos para Discussão Cedeplar-UFMG 639, Cedeplar, Universidade Federal de Minas Gerais.
    • Handle: RePEc:cdp:texdis:td639
    as

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    File URL: https://www.cedeplar.ufmg.br/pesquisas/td/TD%20639.pdf
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    References listed on IDEAS

    as
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    4. Hartmann, Dominik & Guevara, Miguel R. & Jara-Figueroa, Cristian & Aristarán, Manuel & Hidalgo, César A., 2017. "Linking Economic Complexity, Institutions, and Income Inequality," World Development, Elsevier, vol. 93(C), pages 75-93.
    5. Pierre-Alexandre Balland & Ron Boschma & Joan Crespo & David L. Rigby, 2019. "Smart specialization policy in the European Union: relatedness, knowledge complexity and regional diversification," Regional Studies, Taylor & Francis Journals, vol. 53(9), pages 1252-1268, September.
    6. Cesar A. Hidalgo & Ricardo Hausmann, 2009. "The Building Blocks of Economic Complexity," Papers 0909.3890, arXiv.org.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Economic Development; Economic Complexity; Mission-Oriented; Diversification.;
    All these keywords.

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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