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Start-up Latin America

Promoting Innovation in the Region

image of Start-up Latin America

This report reviews the policy mix to support knowledge-based start-ups in six countries in Latin America, including Argentina, Brazil, Chile, Colombia, Mexico and Peru. It discusses role of public policies in supporting the creation of start-ups, it presents an overview of the rationale and scope of state intervention and it summarises the experience of OECD countries, focusing on Australia, Finland and Israel. The report provides a comparative assessment of the experience of the six Latin American countries. Following the literature and the experience of countries it develops a taxonomy of instruments targeted to promote entrepreneurship and it compares the policy mix available in the different countries in Latin America. It also identifies recommendations to improve the policy framework for start-up promotion in Latin America. Country notes are available for each of the six studied countries. The report has been elaborated in the framework of the Development Centre's policy dialogue on innovation policies in Latin America.

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Promoting start-ups in Brazil

OECD Development Centre

This chapter presents a brief overview of public policies recently introduced in Brazil to support the creation and expansion of start-ups. The chapter highlights the growing role of innovation policies in the country and the increase in the innovation policy budget. Brazil has been fostering the creation of new firms since the 1980s. It has a well-rounded range of tools to support the creation of innovative firms, with mechanisms that provide support from the seed to the expansion phases. State and local governments are increasingly involved in supporting start-ups and have contributed to set up several successful technology parks that have acted as bridges between the scientific and business communities. Nonetheless, the regulatory framework and the limited availability of infrastructures still represent important challenges for start-ups to become a relevant source of growth in Brazil.

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