Abstract
This document aims to propose a reflection on how important it is for emerging countries to protect their traditional knowledge and the potential it has to generate resulting innovation. This is based on defining what traditional knowledge is, the scope and limitations of the practice by the countries that recognize it, and its relationship with the concepts of the 2018 Oslo Manual (OECD, 2018) on innovation. It is concluded that there is still work to be done since there are persistent problems such as the lack of schemes: regulatory protection, rapprochement of cultural and/or traditional issues as well as marketing, among others, for emerging countries, which, if achieved, will allow them to reflect it in the improvement of their economies.
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