Spurring Innovation-Led Growth in Argentina : Performance, Policy Response, and the Future

A new, innovation-led growth model would enable Argentina to increase economic stability and achieve stronger shared prosperity. Argentina can escape boom-and-bust cycles and accelerate its recovery from the COVID-19 pandemic with an innovation-driven economy that, in addition to factor accumula...

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Main Authors: Gurcanlar, Tugba, Criscuolo, Alberto, Gomez Gaviria, Daniel, Cirera, Xavier
Format: Book
Published: Washington, DC: World Bank 2021
Subjects:
Online Access:https://documents.worldbank.org/en/publication/documents-reports/documentdetail/328731621400014185/spurring-innovation-led-growth-in-argentina-performance-policy-response-and-the-future
http://hdl.handle.net/10986/35592
id okr-10986-35592
recordtype oai_dc
spelling okr-10986-355922021-05-19T12:30:08Z Spurring Innovation-Led Growth in Argentina : Performance, Policy Response, and the Future Gurcanlar, Tugba Criscuolo, Alberto Gomez Gaviria, Daniel Cirera, Xavier INNOVATION ECONOMIC GROWTH GROWTH DRIVERS GROWTH MODEL PRODUCTIVITY GROWTH INNOVATION POLICY PUBLIC SPENDING SCIENCE AND TECHNOLOGY INNOVATION PUBLIC-PRIVATE PARTNERSHIP ENTREPRENEURSHIP PUBLIC EXPENDITURE REVIEW A new, innovation-led growth model would enable Argentina to increase economic stability and achieve stronger shared prosperity. Argentina can escape boom-and-bust cycles and accelerate its recovery from the COVID-19 pandemic with an innovation-driven economy that, in addition to factor accumulation, fuels higher productivity growth across all its sectors. Such a growth model should build on Argentina’s strengths in human capital, research, and firm-level capabilities, which would help diversify the economy and make it more inclusive and less susceptible to external shocks, providing the country with a stronger buffer at times of uncertainty. Despite the volatility of the past few decades, Argentina has been able to develop important pockets of success in high-end research and in frontier productive sectors such as biotechnology and knowledge economy. All of these should be better exploited and strengthened through public-private partnerships, targeted investments, and an enabling business environment to increase innovation’s contribution to economic growth. A resilient economic recovery will, in part, require a long-term vision and a policy framework that builds a sustainable national innovation system. To contribute to the strengthening of such a national innovation system, this report reviews holistically the innovation performance in Argentina, identifies some of the main gaps and strengths, and discusses appropriate policy responses. The report also examines regional differences in innovation performance and reviews the policy effectiveness of recent initiatives that have focused on industry and science linkages and knowledge-based entrepreneurship. The lessons from these impact evaluations and findings of the comparative evaluation of Argentina’s innovation landscape are intended to provide guidance in the design and strengthening of existing and future innovation policies in Argentina. 2021-05-18T14:23:05Z 2021-05-18T14:23:05Z 2021-05-18 Book https://documents.worldbank.org/en/publication/documents-reports/documentdetail/328731621400014185/spurring-innovation-led-growth-in-argentina-performance-policy-response-and-the-future 978-1-4648-1689-5 http://hdl.handle.net/10986/35592 International Development in Focus; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication Latin America & Caribbean Argentina
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
topic INNOVATION
ECONOMIC GROWTH
GROWTH DRIVERS
GROWTH MODEL
PRODUCTIVITY GROWTH
INNOVATION POLICY
PUBLIC SPENDING
SCIENCE AND TECHNOLOGY INNOVATION
PUBLIC-PRIVATE PARTNERSHIP
ENTREPRENEURSHIP
PUBLIC EXPENDITURE REVIEW
spellingShingle INNOVATION
ECONOMIC GROWTH
GROWTH DRIVERS
GROWTH MODEL
PRODUCTIVITY GROWTH
INNOVATION POLICY
PUBLIC SPENDING
SCIENCE AND TECHNOLOGY INNOVATION
PUBLIC-PRIVATE PARTNERSHIP
ENTREPRENEURSHIP
PUBLIC EXPENDITURE REVIEW
Gurcanlar, Tugba
Criscuolo, Alberto
Gomez Gaviria, Daniel
Cirera, Xavier
Spurring Innovation-Led Growth in Argentina : Performance, Policy Response, and the Future
geographic_facet Latin America & Caribbean
Argentina
relation International Development in Focus;
description A new, innovation-led growth model would enable Argentina to increase economic stability and achieve stronger shared prosperity. Argentina can escape boom-and-bust cycles and accelerate its recovery from the COVID-19 pandemic with an innovation-driven economy that, in addition to factor accumulation, fuels higher productivity growth across all its sectors. Such a growth model should build on Argentina’s strengths in human capital, research, and firm-level capabilities, which would help diversify the economy and make it more inclusive and less susceptible to external shocks, providing the country with a stronger buffer at times of uncertainty. Despite the volatility of the past few decades, Argentina has been able to develop important pockets of success in high-end research and in frontier productive sectors such as biotechnology and knowledge economy. All of these should be better exploited and strengthened through public-private partnerships, targeted investments, and an enabling business environment to increase innovation’s contribution to economic growth. A resilient economic recovery will, in part, require a long-term vision and a policy framework that builds a sustainable national innovation system. To contribute to the strengthening of such a national innovation system, this report reviews holistically the innovation performance in Argentina, identifies some of the main gaps and strengths, and discusses appropriate policy responses. The report also examines regional differences in innovation performance and reviews the policy effectiveness of recent initiatives that have focused on industry and science linkages and knowledge-based entrepreneurship. The lessons from these impact evaluations and findings of the comparative evaluation of Argentina’s innovation landscape are intended to provide guidance in the design and strengthening of existing and future innovation policies in Argentina.
format Book
author Gurcanlar, Tugba
Criscuolo, Alberto
Gomez Gaviria, Daniel
Cirera, Xavier
author_facet Gurcanlar, Tugba
Criscuolo, Alberto
Gomez Gaviria, Daniel
Cirera, Xavier
author_sort Gurcanlar, Tugba
title Spurring Innovation-Led Growth in Argentina : Performance, Policy Response, and the Future
title_short Spurring Innovation-Led Growth in Argentina : Performance, Policy Response, and the Future
title_full Spurring Innovation-Led Growth in Argentina : Performance, Policy Response, and the Future
title_fullStr Spurring Innovation-Led Growth in Argentina : Performance, Policy Response, and the Future
title_full_unstemmed Spurring Innovation-Led Growth in Argentina : Performance, Policy Response, and the Future
title_sort spurring innovation-led growth in argentina : performance, policy response, and the future
publisher Washington, DC: World Bank
publishDate 2021
url https://documents.worldbank.org/en/publication/documents-reports/documentdetail/328731621400014185/spurring-innovation-led-growth-in-argentina-performance-policy-response-and-the-future
http://hdl.handle.net/10986/35592
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