A Comparative Analysis of the Innovation Systems of Brazil, Korea and Mexico
18 Pages Posted: 13 Feb 2016 Last revised: 21 Sep 2016
Date Written: April 10, 2015
At first glance it would seem that Brazil and Mexico are so different from the high-income Korean economy that a comparison among them is pointless. However, Korea’s GDP/capita was lower than Brazil’s 20 years ago. How do they manage to innovate? What policies are key to foster economic development? What is the role of the cultural factor to embed innovation policies that work? A comparative analysis of the innovation system of Brazil, Korea and Mexico provides useful lessons aimed at guiding policy makers, economists, managers, entrepreneurs and other developmental organizations towards designing tailored policies that help their nations flourish.
Keywords: Innovation, Brazil, Korea, Mexico
JEL Classification: O38, O39
Suggested Citation: Suggested Citation