RT Book, Section
A1 OECD
T1 Economic performance and structural change
JF OECD Reviews of Innovation Policy
YR 2011
FD Dec 01
SP 93
OP 116
AB This chapter first provides a short overview of Peru’s economic performance in the medium-term and discusses emerging issues of the sustainability of a high-growth path, including a weak diversification of exports, the predominance of technologically undeveloped business firms and the productivity challenge faced by Peru. Attention is next drawn to the potential role of innovation as a key driver of sustainable future growth. Subsequently the focus is put on major aspects of the framework conditions – such as macroeconomic stability, international openness, an innovation-friendly regulatory regime, well-functioning financial and other markets, infrastructure and, importantly, qualified people – which are necessary for innovation performance to take off although they need to be complemented by additional measures. Pointing at a currently insufficient information base, the final section benchmarks Peru’s innovation performance which is characterised as being at a low level by international standards overall.
PB Organisation for Economic Co-operation and Development
DO 10.1787/9789264128392-6-en
UL http://www.oecd-ilibrary.org/;jsessionid=6k0phlmebr4lj.x-oecd-live-01content/chapter/9789264128392-6-en