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Omschrijving

What are a country's achievements in innovation, and how does this relate to economic
performance? What are the major features, strengths and weaknesses, of its innovation
system? How can government foster innovation?

The OECD Reviews of Innovation Policy offer a comprehensive assessment of the
innovation system of individual OECD member and non-member countries, focusing
on the role of government. They provide concrete recommendations on how to improve
policies which impact on innovation performance, including R&D policies. Each review
identifies good practices from which other countries can learn.

Over the last decade, Chile - a small, open economy with a traditionally strong
resource-based production - has been the most successful Latin American country in
reducing the gap in income per capita vis-à-vis the advanced countries. To complete
this catching up, Chile needs to further strengthen some of the institutional pillars of an
efficient market-oriented economy, notably its innovation system. A growing political
awareness of the importance of innovation for the country's future has recently translated
into two bold decisions: the creation of an Innovation Council for Competitiveness
entrusted with the mission of proposing guidelines for a long-term national innovation
strategy; and the introduction of a specific mining tax to increase resources available
to implement this strategy. This report assesses the current status of Chile's innovation
system and policies, and identifies where improvements are most needed in order to
make the most efficient use of this additional public investment.