Abstract
Sustainable development is considered as one of the vital challenges of the 21st century for humanity. The COVID-19 pandemic has disrupted economic and social life, forcing governments and businesses to reconsider their priorities. There are rare empirical studies on the national innovation system and its relationship to sustainability development for emerging countries. This paper aims at shedding light on how mission-oriented policies have marked sustainable regional development and innovation in Latin America. The present study presents the capabilities that could support the improvement of the national innovation system and, as a consequence, sustainability development. To understand how Latin American countries act on innovation and sustainable development initiatives, two global rankings in these areas, The Global Innovation Index 2020 and The Sustainable Development Report 2020, were analyzed. The results indicate some obstacles must be overcome such as the high levels of social inequality and poverty that still constitute significant challenges for this region. Today’s biggest challenges are facing a pandemic situation and guaranteeing economic development that allows the underprivileged to escape poverty without dooming future generations to an even more degraded environment than the current one. Innovation continues to play a critical role in the transition toward a more sustainable world.
Highlights
Sustainable development is considered one of the vital challenges of the 21st century for humanity
This paper aims at shedding light on how dynamic capabilities and mission-oriented policies’ theoretical perspectives would mark critical factors to support innovation and sustainable regional development and in Latin America
The present study presents the capabilities that could add value to the improvement of the national innovation system and, as a consequence, in sustainable development initiatives characterized by their innovative approach
Summary
Sustainable development is considered one of the vital challenges of the 21st century for humanity. In the words of Antonio Gutierres, the United Nations Secretary-General “climate change is the defining crisis of our time, and it is happening even more quickly than we feared” [1]. In this context, the 2030 Agenda with its 17 Sustainable Development. This book presents the key factors that could have a decisive impact on world sustainability and the systemic interactions that could limit growth and negatively impact future generations. The report brought new ideas, analysis, and questioning of the means and ends of growth and consumption of humanity, and its proposal was recognized by some and criticized by others. In the end, it has become one of the cornerstones of sustainable development thinking
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
