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Enhancing innovation performance in the Latin America and Caribbean region: evidence, proposals, and improvement strategies from the case of Brazil

Author

Listed:
  • Paulo Vinicius Petriz Maciel Monteiro
  • Fábio de Oliveira Paula
  • David Nunes Resende
  • Branca Regina Cantisano dos Santos e Silva
  • Carlos Eduardo de Andrade Lima da Rocha
  • Jorge Ferreira da Silva
  • Murilo de Alencar Souza Oliveira

Abstract

The Global Innovation Index (GII) serves as a benchmark for assessing an economy's innovation performance and systems, as well as informing policies. Despite recent post-pandemic progress, the literature highlights Brazil's unsatisfactory innovation performance that needs improvement. This research investigates the factors that significantly impacted Brazil's innovation performance from 2011 to 2020 (pre-pandemic period), examining GII ranking data. The study highlights significant weak and strategic points for growth, outlined across four pillars, ten sub-pillars, and 34 indicators, emphasising the need to invest in enhancement across 'institutions', 'market sophistication', 'creative outputs', and 'human capital and research'. These insights guide stakeholders and policymakers, not only within Brazil's innovation system but also for others seeking to replicate this approach. Ultimately, the study recommends and suggests strategies and improvement actions aimed at fortifying and fostering a more conducive environment for innovation in the economy, as well as addressing relevant topics for future research.

Suggested Citation

  • Paulo Vinicius Petriz Maciel Monteiro & Fábio de Oliveira Paula & David Nunes Resende & Branca Regina Cantisano dos Santos e Silva & Carlos Eduardo de Andrade Lima da Rocha & Jorge Ferreira da Silva , 2025. "Enhancing innovation performance in the Latin America and Caribbean region: evidence, proposals, and improvement strategies from the case of Brazil," International Journal of Education Economics and Development, Inderscience Enterprises Ltd, vol. 16(1/2), pages 4-29.
    • Handle: RePEc:ids:ijeded:v:16:y:2025:i:1/2:p:4-29
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