Innovation in Mexico

Abstract

Mexico is among the set of countries that look at Science, Technology and Innovation a fundamental mechanism to support competitiveness, reach higher levels of economic growth and increase the social welfare of its citizens. This paper provides a description of the main policy initiatives to foster innovation in Mexico. Afterward, some characteristics of innovation practices in private-sector businesses and how these features have evolved over a 5-year period are presented to assess the impact of those policy initiatives. To this purpose, results of the 2001 and 2006 national innovation surveys are used.