SCIENCE AND TECHNOLOGY
Innovation is essential for more productivity and economic progress
The Bank’s operational and knowledge-related tasks in this area will be based on:
- Building institutional capacity in the national innovations systems following internationally recognized best practices.
- Seeking to tackle clearly identified market or coordination failures.
- Supporting Latin American and Caribbean economies in taking advantage of the ongoing digital technology revolution and, in particular, facilitating the process of productive transformation in firms made possible by such technology.
Innovation, Science and Technology Sector Framework Document (November 2017)
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