IDEAS home Printed from
   My bibliography  Save this paper

The Innovation Systems of Latin America and the Caribbean


  • Alberto Melo


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.

Suggested Citation

  • Alberto Melo, 2001. "The Innovation Systems of Latin America and the Caribbean," Research Department Publications 4283, Inter-American Development Bank, Research Department.
  • Handle: RePEc:idb:wpaper:4283

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. 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.
    2. 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.
    3. 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.
    4. 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.
    5. Chudnovsky, Daniel, 1999. "Science and technology policy and the National Innovation System in Argentina," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    6. 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.
    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.
    8. Mytelka, Lynn & Farinelli, Fulvia, 2000. "Local Clusters, Innovation Systems and Sustained Competitiveness," UNU-INTECH Discussion Paper Series 5, United Nations University - INTECH.
    Full references (including those not matched with items on IDEAS)

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:idb:wpaper:4283. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Felipe Herrera Library). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.