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Mission: Impossible - Learning to learn, innovating instead of copying and escaping the trap - A perspective from “the rest”

Author

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  • Ramirez Chaparro, Maria Nathalia
  • Chacón Mejía, Catalina

Abstract

This research paper examines the role of industrial policies and innovation strategies in Latin America's quest for economic development. Despite the region's potential, persistent challenges such as coordination deficits and limited technology absorption continue to impede progress. Through a review of productivity data and historical perspectives on industrial policies in four Latin American countries, this paper highlights the complexities of state intervention and the importance of strategic alignment with innovation agendas. Additionally, it explores the interplay between industrial policies and innovation strategies, emphasizing the need to nurture indigenous capabilities and promote inclusive innovation. By challenging conventional views on informality in the labor market, this paper advocates for a holistic approach that integrates targeted industrial policies with innovation strategies to drive sustainable growth and inclusive prosperity in Latin America.

Suggested Citation

  • Ramirez Chaparro, Maria Nathalia & Chacón Mejía, Catalina, 2024. "Mission: Impossible - Learning to learn, innovating instead of copying and escaping the trap - A perspective from “the rest”," MPRA Paper 120240, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:120240
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    References listed on IDEAS

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    1. Matt Andrews & Lant Pritchett & Michael Woolcock, 2015. "The Challenge of Building (Real) State Capability," CID Working Papers 306, Center for International Development at Harvard University.
    2. Bleda, Mercedes & del Río, Pablo, 2013. "The market failure and the systemic failure rationales in technological innovation systems," Research Policy, Elsevier, vol. 42(5), pages 1039-1052.
    3. Tostes Lamonica, Marcos & Feijó, Carmem Aparecida & Punzo, Lionello Franco, 2021. "Las trayectorias de crecimiento de la Argentina, el Brasil, Chile y México: una visión comparativa a través de la lente del espacio marco (framework space)," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    Full references (including those not matched with items on IDEAS)

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    Keywords

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    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • O35 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Social Innovation

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