Conference paper

INNOVATION AND ECONOMIC GROWTH IN LATIN AMERICAN EMERGING COUNTRIES: THE CASE OF MEXICO, BRAZIL AND CHILE

Edgar J. Saucedo A. orcid.org/0000-0002-0373-7804 ; Institute of Economics and Social Studies, University of Veracruz, Mexico
Marisol Borges Q. ; Accounting and Administration Faculty, University of Veracruz, Mexico

Abstract

Over recent years several theoretical and empirical research (from developed countries) have studied the innovation as a complex process involving participation, interaction and interrelationship of actors (organizations, individuals, businesses) and institutions (government, education, research centres) as elements of a collective system that contribute and influence the innovation process. In addition, such research shows how that innovation has impacted positively on economic growth of nations. In order to understand the functioning of the National Systems of Innovation in emerging countries (Mexico, Brazil and Chile), we perform a critical analysis of the approach, examining their application limitations and recognizing the characteristics and interests of Latin American countries. Furthermore, we analyse the impact of innovation on economic growth in these countries. The aim of this paper is to analyse whether the differences in economic growth among Mexico, Chile and Brazil, are explained by gaps in levels of innovation.

Keywords

innovation; economic growth; Latin-American

Hrčak ID:

161608

URI

https://hrcak.srce.hr/161608

Publication date:

1.10.2015.

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