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Challenges in innovation management for Latin America and the Caribbean

An efficiency analysis

Bibliographic Data

ID11650414
AuthorsJ G Aguilar Barceló (0000-0002-6378-6886), José G Aguilar-Barceló, Fernanda Higuera-Cota
Year2019
Volume2019
Issue127
Pages7-23
Publication date2019-10-02
Open AccessNo
TypeARTICLE
VenueCEPAL review (JOURNAL)
Journal identifiersISSN: 0251-2920 • E-ISSN: 1684-0348
PublisherUnited Nations Publications (PUBLISHER • US)
DOI10.18356/f1eff3e0-en
OpenAlexW2972583540
LanguageEN
References cited2

Applying data envelopment analysis (DEA) to data from the 2016 Global Innovation Index (GII) (Cornell University/INSEAD/WIPO, 2016), the paper evaluates the efficiency of 19 Latin American and Caribbean economies in creating innovation-friendly environments. Where the region performs best is on infrastructure and adaptation of information and communication technologies (ICTs), but there are problems with human capital formation, the conduct and impact of research, and institutional aspects. The output of countries such as Chile and Colombia proved lower than expected given their factors, meaning that their strong innovation results are not matched by their efficiency management. Enhancing market functioning (competition, credit and investment) and knowledge absorption capacities is among the main challenges for the region

Adaptation (eye · Business · Competition (biology · Data envelopment analysis · Economic geography · Economic growth · Economics · Economy · Emerging markets · Geography · Human capital · ICTS · Index (typography · Industrial organization · Information and Communications Technology · Investment (military · Latin Americans · Political science · Regional science · Computer Science · Regional Development and Innovation · Regional Development and Policy · University-Industry-Government Innovation Models · Finance

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Highly citedNo

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