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The Innovation Systems of Latin America and the Caribbean

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  • Melo, Alberto

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.

Suggested Citation

  • Melo, Alberto, 2001. "The Innovation Systems of Latin America and the Caribbean," IDB Publications (Working Papers) 1429, Inter-American Development Bank.
    • Handle: RePEc:idb:brikps:1429
    DOI: http://dx.doi.org/10.18235/0001989
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    References listed on IDEAS

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    Cited by:

    1. Barrios, Juan José & Michelin, Gustavo & Gandelman, Néstor, 2010. "Analysis of Several Productive Development Policies in Uruguay," IDB Publications (Working Papers) 1505, Inter-American Development Bank.
    2. Michael Asiedu & Nana Adwoa Anokye Effah & Benedict Arthur, 2024. "Innovation and Firm Productivity in Central America," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 15(1), pages 4639-4672, March.
    3. Melo, Alberto, 2001. "Industrial Policy in Latin America and the Caribbean at the Turn of the Century," IDB Publications (Working Papers) 6088, Inter-American Development Bank.

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