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Innovation and entrepreneurship in Latin America: What do we know? What would we like to know?

Author

Listed:
  • Robero Alvarez
  • Matteo Grazzi

Abstract

The long-run economic performance of Latin America has been unsatisfactory especially in comparison with other emerging economies, which have been able to “catch up” with developed countries. The historically low innovation and dynamic entrepreneurship rates have been identified as two of the main rea-sons for this situation. In this paper, we present a synthetic but comprehensive review of the empirical literature related to these topics in the region, as well as the results of the main impact evaluations performed to assess innovation and entrepreneurship policies implemented in Latin America. This review, together with the identification of unexplored or underexplored areas of research, is functional to introducing the investigations that are part of this special issue.

Suggested Citation

  • Robero Alvarez & Matteo Grazzi, 2018. "Innovation and entrepreneurship in Latin America: What do we know? What would we like to know?," Estudios de Economia, University of Chile, Department of Economics, vol. 45(2), pages 157-171, December.
  • Handle: RePEc:udc:esteco:v:45:y:2018:i:2:p:157-171
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    File URL: https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/51337/53722
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    Citations

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    Cited by:

    1. Monserrat Serio & Pablo Mahnic, 2022. "Exploring the U-shaped relationship between education and entrepreneurial choice: a theoretical model and empirical findings for Latin America," SN Business & Economics, Springer, vol. 2(6), pages 1-22, June.
    2. L Carlos Freire-Gibb & Geoff Gregson, 2019. "Innovation systems and entrepreneurial ecosystems: Implications for policy and practice in Latin America," Local Economy, London South Bank University, vol. 34(8), pages 787-806, December.
    3. Jugend, Daniel & Fiorini, Paula De Camargo & Armellini, Fabiano & Ferrari, Aline Gabriela, 2020. "Public support for innovation: A systematic review of the literature and implications for open innovation," Technological Forecasting and Social Change, Elsevier, vol. 156(C).

    More about this item

    Keywords

    Innovation; entrepreneurship; Latin America;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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