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Home > News > Latin America: Strategy for Competitiveness

June 12th, 2007

Latin America: Strategy for Competitiveness

Abstract:
Second is innovation. Innovation drives wealth and higher standards of living. Innovation happens when we take the discoveries made in a laboratory—in nanotechnology, biomedicine, aerospace and other areas—and introduce them into the marketplace. But innovation also happens outside of a lab. Innovations can be slight changes in a product, process or in a small business which serve to provide opportunities where there were none and allow more people to participate. Today, a piece of electronic equipment can have parts from three different continents, creating jobs around the globe where there none.

Source:
latinbusinesschronicle.com

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