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The Inter-American Development Bank publishes the study “Spurring innovation-led growth in Latin America and the Caribbean through public procurement”

estudio BID

The Inter-American Development Bank (IDB) published the study “Spurring innovation-led growth in Latin America and the Caribbean through public procurement” in late November of 2016.

This study was commissioned to SILO in a consortium with the Manchester Institute of Innovation Research (MIoIR)

SILO drafted the study together with researchers from MIoIR who are international references in the public procurement of innovation (PPI) policies, such as Jakob Edler and Elvira Uyarra. It firstly summarizes experiences, lessons learned and best practices in demand-side innovation policies, particularly in PPI, in six countries that lead advances in this subject (Spain, the United Kingdom, the Netherlands, Estonia, China and the United States) and in the European Union. Secondly, the study examines early experiences of three Latin American countries (Brazil, Colombia and Chile) in the implementation of policies that promote innovation through the means of public demand, focusing on the capacities and obstacles of these three countries for the implementation of PPI. The report concludes with a series of recommendations for the implementation of these policies in Latin America and the Caribbean, which were organized in the areas of shared political vision, leadership and institutional support system, legal framework, planning and execution.

The overall results of the study were presented jointly by SILO and IDB in September 30th in Madrid, in a conference with the participation of key actors of the Spanish government and private sector, who have also been actively involved in PPI policy and projects.

SILO, along with MIOIR experts, is proud to be part of this IDB initiative that seeks to raise awareness on the potential benefits of demand-side innovation policies, and particularly of PPI, in the different Latin American countries, while paving the way for these policies to be introduced in their political agenda.

The study is available on the following link: https://publications.iadb.org/handle/11319/7972

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