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!

Countries According to their Contribution to Global Innovation

The Information Technology and Innovation Foundation (ITIF) in Washington, DC, recently assessed the extent to which 56 countries’ economic and trade policies either contribute to or detract from global innovation. Its January report adds to renewed interest in assessing the international effects of national policies for entrepreneurship and innovation. Interesting report that addresses the expanding scope of R&D collaboration to solve global problems. Download report here.

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