Abstract

HIRA, Anil. Learning from the tigers-comparing innovation institutions in rapidly developing economies with Latin America. Prob. Des [online]. 2009, vol.40, n.156, pp.125-149. ISSN 0301-7036.

This article compares innovation policies and institutions in Latin America (LA) with those of the tiger economies of East Asia and Europe. We find that there are clear differences in the resources, prioritization, and organization of science and technology policy between LA and the tigers, which may help to explain the disappointing economic performance of the region in recent decades. The article suggests that a systematic reorganization of innovation policy is needed in LA. The commonalities of the tigers suggest such a reevaluation should not only consider levels of resources, but also new institutional frameworks for prioritizing, coordinating, and commercializing new technologies for greater benefits throughout the economy and society.

Keywords : Science and technology; research and development; institutions; Latin America; economic growth.

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