Government set up policies of rapid technological upgrading, in a decentralized way that successfully accelerated the growth of new firms, new industries, and new employment opportunities. DNS is constituted by several learning networks. Government agencies, businesspeople, and technologists interact through strategies such as investment in research and development (R&D), investment in technical education, creating and supporting industry associations, and working directly with firms whose main objective is to foster innovations, Negoita, M. and Block, F. (2012) .
Published in Chapter:
Lessons Learned from Chilean Model of Innovation and Development
Juan Rock T. (Universidad de Talca, Chile) and Gordana Pesakovic (King University, Knoxville, USA)
Copyright: © 2014
|Pages: 14
DOI: 10.4018/978-1-4666-6224-7.ch020
Abstract
In this chapter, the focus is on the Chilean economy and its development based on the innovation strategies and policies applied in the country in the last 40 years. The country's performance is compared with others countries in the region and the developed economies. The main lesson learned from the Chilean experience for the small developing countries are that a small economy can use to its benefit, competitive advantages achieved by other countries. In order to do this a country needs an open foreign policy and transparent, safe and fair business policies.