Abstract

The paper presents stylized facts about Latin America's experience with policies and institutions to promote technological development and suggests strategy and policy guidelines to foster the region's technological modernisation in the 1990s. As this experience includes a wide range of countries, policies and instruments, many developing countries might learn a lot from Latin American successes and policy failures. The paper concludes with a discussion of the most relevant policy issues that should be included in an agenda for the immediate future: competition policies beyond trade–liberalisation, strategic alliances, the impact of regional and sub–regional integration on technological development, and the building up of an integrated approach to technological development and social justice.

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