What can Latin America’s leaders do to make the region more innovative?

Francisco da Silva Vale, 61, cleans solar panels which power ice machines at Vila Nova do Amana community in the Sustainable Development Reserve, in Amazonas state, Brazil, September 22, 2015. Three solar-powered machines, are producing about ninety kilos of ice per day, in a region with poor access to electric energy, which used to be produced only with diesel oil, in the Amazon rain forest. The Gelo Solar (Solar Ice) project, developed by the Mamiraua Institute for Sustainable Development and the Sao Paulo University (USP), aims to improve the life quality of the residents of the communities allowing them to preserve their fish and fruits productions which are their main economic resources. The Mamiraua Institute is also using solar energy to supply the community's homes with water and light up a soccer field.

In the World Economic Forum’s own classification of economic development, not a single Latin American country is categorized as “Innovation-driven”. According to this WEF article (and report) the region needs to develop collaboration, trust and internationalization. Good reading!

Game to Learn Strategic Collaboration

 

A new game that helps players, from all backgrounds and ages, learn how to form collaborative business relationships by role playing!

Join in the crowdfunding phase and get a free copy of the game for you, your students, colleagues and friends!

You can visit this innovative Kickstarter project at: http://kck.st/1OkvzAI

Eight Essentials of Innovation

Strategic and organizational factors are what separate successful big-company innovators from the rest of the field. Good list for universities to consider (as they are ‘big-company’ innovators too!

From – McKinsey Institute.

Download report – The eight essentials of innovation

Image from Forbes.com

U.S. Businesses are Being Destroyed Faster than They’re Being Created

firm entry and exit ratesAccording to this Washington Post blog, the American economy is less entrepreneurial now than at any point in the last three decades. That’s the conclusion of a new study out from the Brookings Institution, which looks at the rates of new business creation and destruction since 1978.