INNOVALATINO BASIC INFO ON PERU CHILE y COLOMBIA

InnovaLatino basic info on Peru Chile y Colombia

www.innovalatino.org

Innovation is key to Latin America’s development, says new study
Madrid, 4 May 2011 – Innovation can help Latin America grow its economy, raise productivity, increase trade and improve the lives of its people.

InnovaLatino: Fostering Innovation in Latin America, a study based on a survey of 1 500 manufacturers in Argentina, Brazil, Chile, Colombia, Costa Rica, Mexico, Peru and Uruguay, shows that some countries in Latin America have very innovative business models and marketing methods. The report, produced by INSEAD and the OECD Development Centre with the support of Fundación Telefónica, adds however that overall the region lags behind OECD countries in terms of innovation.

‘Latin America has made great strides in innovation, including in macro-economic-management, pro-poor policies and the development of new business models’ said Mario Pezzini, Director of the OECD Development Centre. ‘However, governments still need to invest more and better on innovation to increase productivity and compete in global markets. ’

As well as the private sector, the public sector has made great strides in promoting innovation in Latin America. For example, Argentina has created a new Ministry of Science Technology and Productive Innovation, which promises to make its innovation policies more coherent, and Chile is using the increased revenues from commodity-exports to support innovation. Other cases of experimentation can be found throughout the region.

‘Innovation is not just R&D in laboratories,’ notes INSEAD eLab’s Soumitra Dutta. ‘This study will inform Latin American policy makers who can establish the conditions necessary to encourage more firms to push forward the innovation frontier.’

InnovaLatino’s recommendations include:

• Take advantage of the region’s economic strength - abundant natural resources - to invest more in research and development and further green innovation. At present, Latin American public and private investment in research and development lags behind OECD countries and emerging Asian economic powers. Latin America spends on average 0.3 percent of GDP on R&D, two percentage points below the OECD average (2.33 percent)1.

• Boost innovation by enhancing formal education and linking universities, the business sector and other stakeholders. Spending on education in Latin America is lower than the OECD average and students rank poorly in PISA scores2. Though 75% of companies consider qualified staff essential to their innovation activities, only in one out of five surveyed companies had half of the staff attended university or technical schools.

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1 Innovalatino: figure 1.8. Source: Main Science and Technology Indicators (2010-2), OECD Statistics; World Bank, World Development Indicators.
2 Source: PISA 2009, OECD
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• Use information systems to monitor and assess innovation policies. The report gives 50 case studies of innovative leadership and projects. For example, innovative ICT– particularly mobile technologies – is collecting and disseminating data, accessing resources from around the world, and connecting rural and low-income communities to better opportunities for growth and development.

Latin America is becoming the source of new forms of innovation that will be imported by the more advanced economies. In fact, according to José María Álvarez-Pallete, chairman of Telefónica Latinoamérica, ‘In the present decade we will see emerging regions introducing to the world more and more of their innovations, which are the result of the application of their creativity to the social and technological challenges they face.’

For additional information:
To download the full report and access strategic recommendations for national governments in the region, please visit www.innovalatino.org.

PERU
Peru http://www.innovalatino.org/peru.html
http://www.innovalatino.org/innovationprofiles.html

General Information (Hide Data)

Population(Millions) 29.16
GDP, PPP (Millions, constant 2005 international $) 228.54
Foreign Direct Investment, net inflows (% of GDP) 3.65
GINI Index 50.52
Life expectancy at birth, total (years) 73.26

Main 4 exports as % of Total Exports
Gold 25.30
Copper 22.07
Fishmeal 6.26
Zinc 4.56

Estimated Share of GDP by Sector
Agriculture 8.2
Industry 32.1
Services 59.7

Country-level Indicators (Hide Data)

Political stability
Value Change
LATAM 35.79 +3%
Peru 19.10 -3%
OECD 73.03 0%

Start a business time
Value Change
LATAM 44.10 -7%
Peru 41.00 -17%
OECD 13.90 -8%

Graduates in tertiary school per 100 people
Value Change
LATAM 0.06 -10%
Peru N.D. N.D.
OECD 0.11 +3%

Total researchers per million labor force
Value Change
LATAM 524.38 +12%
Peru N.D. N.D.
OECD 7315.07 +19%

Internet subscribers per 100 people
Value Change
LATAM 4.44 +42%
Peru 2.57 +26%
OECD 23.88 +19%

Personal computers per 100 people
Value Change
LATAM 4.37 -8%
Peru 10.01 +16%
OECD 48.54 +5%

Mobile phone subscribers per 100 people
Value Change
LATAM 84.40 25%
Peru 74.24 +38%
OECD 111.81 +6%

Percentage of paved roads
Value Change
LATAM 25.97 8%
Peru 13.88 -1%
OECD 79.15 0%

Gross expenditure on research and development per capita
Value Change
LATAM 39.29 +8%
Peru 8.69 +10%
OECD 681.33 +7%

Number of patents
Value Change
LATAM 47.47 +1%
Peru 1.50 -6%
OECD 4215.11 +3%

High technology exports as % of manufacturating exports
Value Change
LATAM 4.15 -13%
Peru 2.06 +3%
OECD 16.03 0%

International quality certifications
Value Change
LATAM 2455.72 +17%
Peru 688.00 +27%
OECD 17920.40 +5%

Royalties receipts in US$ per capita
Value Change
LATAM 9.80 +22%
Peru 0.06 +25%
OECD 138.62 +9%

Gross Domestic Product per capita
Value Change
LATAM 9093.31 +6%
Peru 8507.04 +8%
OECD 33481.90 +4%


2010 InnovaLatino Survey Data(Hide Data)
Average value of participating large Firms
(Average value of OECD) Average value of participating Small Firms
(Average value of OECD)

% of firms with more than 50 percent of employees holding technical education
18.7% 23.8%

% of firms who applied for intellectual property rights protection
73.7% 47.2%

% of firms receiving external financial resources and considering financial support as important
63.3% 22.2%

% of firms reporting awareness of leading public support programs
52.3% 23.8%

% of firms perceiving public support programs to be adequate
3.6% 2.8%

% of firms with access to foreign machinery
51.4% 36.7%

% of firms conducting projects with foreigners
84.8% 25.5%

% of firms that introduced product innovations
100% 85.1%

% of firms planning to innovate more
92.6% 96.2%

% of firms considering gain of market share and/or new markets as very important effect of innovation
55.8% 42.1%

% of firms earning more than 30 percent from innovation
18.3% 65.3%

% of firms finding innovation efforts led to:
Cost Reductions
89.0% 73.5%
Job Creation
89.2% 72.9%
Job Savings
85.4% 75.6%

Innovative Organizations
Consejo Nacional de Ciencia, Tecnología e Innovación Tecnológica –CONCYTEC
Public Institution http://portal.concytec.gob.pe/


Ajegroup
Product Innovation www.ajegroup.com


Alicorp S.A.
Product Innovation www.alicorp.com.pe


Interbank
Business Model/ Social Innovation www.interbank.com.pe


Astrid y Gastón
Product Innovation www.astridygaston.com


Buenaventura
Large Firm/CSR www.buenaventura.com


CHILE

http://www.innovalatino.org/innovationprofiles.html

General Information (Hide Data)
Population(Millions) 16.97
GDP, PPP (Millions, constant 2005 international $) 221.58
Foreign Direct Investment, net inflows (% of GDP) 7.76
GINI Index 52.00
Life expectancy at birth, total (years) 78.61

Main 4 exports as % of Total Exports
Copper 50.10
Fresh fruit 5.60
Cellulose 4.90
Salmon & Trout 3.80

Estimated Share of GDP by Sector
Agriculture 5.6
Industry 34.5
Services 51.9

Country-level Indicators (Hide Data)

Political stability
Value Change
LATAM 35.79 +3%
Chile 66.00 -3%
OECD 73.03 0%

Start a business time
Value Change
LATAM 44.10 -7%
Chile 27.00 0%
OECD 13.90 -8%

Graduates in tertiary school per 100 people
Value Change
LATAM 0.06 -10%
Chile 0.09 11%
OECD 0.11 +3%

Total researchers per million labor force
Value Change
LATAM 524.38 +12%
Chile 832.56 +15%
OECD 7315.07 +19%

Internet subscribers per 100 people
Value Change
LATAM 4.44 +42%
Chile 8.49 +23%
OECD 23.88 +19%

Personal computers per 100 people
Value Change
LATAM 4.37 -8%
Chile 14.11 +6%
OECD 48.54 +5%

Mobile phone subscribers per 100 people
Value Change
LATAM 84.40 25%
Chile 88.06 +9%
OECD 111.81 +6%

Percentage of paved roads
Value Change
LATAM 25.97 8%
Chile 20.20 3%
OECD 79.15 0%

Gross expenditure on research and development per capita
Value Change
LATAM 39.29 +8%
Chile 76.21 +9%
OECD 681.33 +7%

Number of patents
Value Change
LATAM 47.47 +1%
Chile 22.60 +26%
OECD 4215.11 +3%

High technology exports as % of manufacturating exports
Value Change
LATAM 4.15 -13%
Chile 6.68 +11%
OECD 16.03 0%

International quality certifications
Value Change
LATAM 2455.72 +17%
Chile 4103.00 +35%
OECD 17920.40 +5%

Royalties receipts in US$ per capita
Value Change
LATAM 9.80 +22%
Chile 3.80 +5%
OECD 138.62 +9%

Gross Domestic Product per capita
Value Change
LATAM 9093.31 +6%
Chile 14464.50 +5%
OECD 33481.90 +4%

2010 InnovaLatino Survey Data(Hide Data)
Average value of participating large Firms
(Average value of OECD) Average value of participating Small Firms
(Average value of OECD)

% of firms with more than 50 percent of employees holding technical education
28.2% 20.2%

% of firms who applied for intellectual property rights protection
76.6% 56.0%

% of firms receiving external financial resources and considering financial support as important
29.9% 33.1%

% of firms reporting awareness of leading public support programs
69.2% 45.2%

% of firms perceiving public support programs to be adequate
9.4% 11.2%

% of firms with access to foreign machinery
69.2% 33.1%

% of firms conducting projects with foreigners
59.1% 22.6%

% of firms that introduced product innovations
93.5% 78.4%

% of firms planning to innovate more
94.3% 84.2%

% of firms considering gain of market share and/or new markets as very important effect of innovation
42.1% 48.9%

% of firms earning more than 30 percent from innovation
27.1% 47.3%

% of firms finding innovation efforts led to:
Cost Reductions
81.4% 72.0%
Job Creation
54.2% 56.4%
Job Savings
67.3% 52.6%


COLOMBIA

http://www.innovalatino.org/innovationprofiles.html

General Information (Hide Data)
Population(Millions) 45.66
GDP, PPP (Millions, constant 2005 international $) 371.47
Foreign Direct Investment, net inflows (% of GDP) 3.10
GINI Index 58.49
Life expectancy at birth, total (years) 72.98

Main 4 exports as % of Total Exports
Petroleum & petroleum products 31.252
Coal 16.49
Coffee 4.70
Nickel 2.21

Estimated Share of GDP by Sector
Agriculture 9.6
Industry 36.9
Services 53.5

Country-level Indicators (Hide Data)

Political stability
Value Change
LATAM 35.79 +3%
Colombia 8.10 +16%
OECD 73.03 0%

Start a business time
Value Change
LATAM 44.10 -7%
Colombia 20.00 -14%
OECD 13.90 -8%

Graduates in tertiary school per 100 people
Value Change
LATAM 0.06 -10%
Colombia 0.03 +5%
OECD 0.11 +3%

Total researchers per million labor force
Value Change
LATAM 524.38 +12%
Colombia 151.27 +9%
OECD 7315.07 +19%

Internet subscribers per 100 people
Value Change
LATAM 4.44 +42%
Colombia 4.07 +70%
OECD 23.88 +19%

Personal computers per 100 people
Value Change
LATAM 4.37 -8%
Colombia 7.61 +15%
OECD 48.54 +5%

Mobile phone subscribers per 100 people
Value Change
LATAM 84.40 25%
Colombia 88.50 +31%
OECD 111.81 +6%

Percentage of paved roads
Value Change
LATAM 25.97 8%
Colombia 14.40 9%
OECD 79.15 0%

Gross expenditure on research and development per capita
Value Change
LATAM 39.29 +8%
Colombia 12.17 +103%
OECD 681.33 +7%

Number of patents
Value Change
LATAM 47.47 +1%
Colombia 14.83 -6%
OECD 4215.11 +3%

High technology exports as % of manufacturating exports
Value Change
LATAM 4.15 -13%
Colombia 2.88 -15%
OECD 16.03 0%

International quality certifications
Value Change
LATAM 2455.72 +17%
Colombia 7696.00 +13%
OECD 17920.40 +5%

Royalties receipts in US$ per capita
Value Change
LATAM 9.80 +22%
Colombia 0.67 +30%
OECD 138.62 +9%

Gross Domestic Product per capita
Value Change
LATAM 9093.31 +6%
Colombia 8884.51 +6%
OECD 33481.90 +4%