Innovation Policy in Panama

Design, Implementation and Evaluation

image of Innovation Policy in Panama

This report reviews the experience of Panama in designing, implementing and evaluating innovation policy. It provides a comparative analysis of Panama’s innovation performance and reviews the design and implementation of the national innovation policy focusing on the National Plan (2010-2014). The review of the institutional setting, the policy mix and budget for innovation policy includes a comparison with the experience of two peer countries, the Dominican Republic and Uruguay.



Innovation trends in Panama

OECD Development Centre

This chapter presents an overview of innovation trends in Panama. The country has experienced high economic growth during the last decades and has increased its specialisation in services. Since 2004 it has implemented targeted efforts to increase skills for innovation by promoting graduate and postgraduate training in foreign universities and has started to promote domestic research and development (RandD) and innovation. While Panama has started to accumulate some domestic innovation capabilities, it still lags behind most other countries in Latin America in terms of RandD expenditure, human resource development and private sector innovation efforts.


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