Chile : A Strategy to Promote Innovative Small and Medium Enterprises
With its strong export orientation and emphasis on competitiveness, the Chilean economic model has been the envy of its neighbors for more than a decade. However, there are underlying vulnerabilities. Historically, exports have been concentrated in...
| Main Authors: | , |
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| Format: | Policy Research Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2012
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2008/02/9013019/chile-strategy-promote-innovative-small-medium-enterprises http://hdl.handle.net/10986/6428 |
| Summary: | With its strong export orientation and
emphasis on competitiveness, the Chilean economic model has
been the envy of its neighbors for more than a decade.
However, there are underlying vulnerabilities. Historically,
exports have been concentrated in mining and agriculture,
sectors dominated by large firms that do not generate a
large share of employment. Small and medium enterprises
play a key role in employment generation and economic
decentralization in Chile, yet their employment was stagnant
between 2000 and 2004. Based on work completed in 2003, this
study provides a review of the Chilean government's
substantial investment in programs that support small and
medium enterprises. This review of government programs
confirms the importance of coordination and an overarching
strategy, in the form of a National Innovation System, led
by a single institution. The review also finds that
demand-driven programs were more likely to be sustainable.
Finally, the study demonstrates that Chile (and other
countries with many support programs for small and medium
enterprises in place) needs an integrated management
information system to analyze, assess, coordinate, and
streamline the program portfolio for small and medium
enterprises in the future. |
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