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OECD Reviews of Innovation Policy: Costa Rica 2017

image of OECD Reviews of Innovation Policy: Costa Rica 2017

Costa Rica’s successful economic performance and social achievements realised over the last three decades are widely acknowledged. GDP per capita has steadily increased at higher rates than in most Latin American countries as the economy has evolved along its development path from a rural and agriculture-based to a more diversified economy integrated in global value chains. But Costa Rica faces challenges and must enhance and broaden the basis for productivity growth by strengthening its innovation system and enhancing the role of science, technology and innovation in addressing its national development goals.

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Macroeconomic trends and framework conditions for innovation in Costa Rica

This chapter discusses Costa Rica’s social and economic performance and framework conditions for innovation. The first part presents macroeconomic developments and sketches salient features of the Costa Rican economy, patterns of structural change and productivity-related developments. The second part looks at the current state of framework conditions as they relate to entrepreneurship and innovation. The final sections deal with intellectual property rights and infrastructure, which are important to enterprise and innovation systems in a variety of ways.

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