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The Innovation Systems of Latin America and the Caribbean

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  • Alberto Melo
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    Abstract

    It is now widely recognized that we live in a knowledge-based economy; in fact, knowledge is the driving factor behind productivity growth. The share of knowledge-intensive sectors in the world economy`s value-added and employment has been rising for a number of years. This trend is particularly pronounced in the developed countries, where by 1999 knowledge-based industries share of GDP was already above 50 percent, up from 45 percent in 1985 (OECD, 1999; OECD, 2000a). Furthermore, knowledge-driven innovation has become a decisive factor in the competitiveness of both nations and firms.

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    File URL: http://www.iadb.org/research/pub_hits.cfm?pub_id=WP-460&pub_file_name=pubWP-460.pdf
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    Bibliographic Info

    Paper provided by Inter-American Development Bank, Research Department in its series Research Department Publications with number 4283.

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    Date of creation: Aug 2001
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    Handle: RePEc:idb:wpaper:4283

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    1. Dominique Guellec & Bruno Van Pottelsberghe De La Potterie, 2003. "The impact of public R&D expenditure on business R&D," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 12(3), pages 225-243.
    2. Mani, Sunil, 1999. "Public Innovation Policies and Developing Countries In a Phase of Economic Liberalisation," UNU-INTECH Discussion Paper Series 02, United Nations University - INTECH.
    3. Mytelka, Lynn & Farinelli, Fulvia, 2000. "Local Clusters, Innovation Systems and Sustained Competitiveness," UNU-INTECH Discussion Paper Series 5, United Nations University - INTECH.
    4. Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626 National Bureau of Economic Research, Inc.
    5. Alcorta, Ludovico & Peres, Wilson, 1995. "Innovation Systems and Technological Specialization in Latin America and the Caribbean," UNU-INTECH Discussion Paper Series 9, United Nations University - INTECH.
    6. Richard Lipsey, 2002. "Some Implications Of Endogenous Technological Change For Technology Policies In Developing Countries," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 11(4-5), pages 321-351.
    7. Alice Lam, 1998. "Tacit Knowledge, Organisational Learning and Innovation A Societal Perspective," DRUID Working Papers 98-22, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
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