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 Chile

OECD Development Centre

This chapter presents an overview of public policies recently introduced in Chile to promote start-ups. The chapter highlights the growing role of innovation policies in the country and the increase in the innovation budget. Like Brazil, Chile began to promote start-ups before other countries in the region. Chile has accumulated institutional knowledge in developing programmes to support start-ups. Its experience shows how important it is to have a chain of instruments targeted to the different stages of business development, from seed to expansion. Lately Chile has placed a growing emphasis on start-ups, reforming its existing support systems to match the country’s new vision focused on expanding the country’s role in the global economy.

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