The Innovation and Entrepreneurship Latinamerican Scoreborard: The impact of University-Industry Cooperation in Ecuador

One of the structural problems in Latin-American has been the lower innovative capacity and lower generation of economically exploitable knowledge. This phenomenon has been produced by the absence of government’s incentives and strategies in order to be competitive inside the Knowledge Based Economy. More concretely, political, institutional and social factors have contributed negatively within this reality. As a consequence, the knowledge generation in this region is insufficient not only to satisfy its necessities but also to be competitive in the global context. At difference, the developing regions have recognized the significance impact of R&D investment and Education in their sustainable growth.This report uses the methodology proposed by the European Commission in the study about the “European Innovation Scoreboard 2007”. Specifically, this methodology is adapted at the Latin-American reality. In summary, the results will provide the current picture of the innovation and entrepreneurship in Latin-American Countries