Competencia, rentabilidad e innovación: estímulos a la I&D en México

Kurt Unger ()
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Kurt Unger: Division of Economics, CIDE

No DTE 435, Working Papers from CIDE, División de Economía

Abstract: Taking as point of departure the basics of the economics of innovation, the Mexican evidence builds on two major obstacles: market failures inhibit economic returns to R&D and, consequently, the inexistence of a national innovation system. In such context, fiscal subsidies to R&D are introduced with limited success. The fiscal subsidies remain highly concentrated in a few very large firms, in mature sectors that rest in minor product and process innovation efforts. Most of these firms are facing strong international competition, and their R&D response is in the form of their own internal engineering efforts. From a knowledge economy perspective these are very limited goals; rather, the new policy proposals should aim to promote systemic effects, including regional and knowledge based clusters, and not merely the firms subsidy. Of course, learning externalities elsewhere should be greatly valued.

Keywords: market failures; policy proposal; fiscal subsidies; Research and Development; innovation process (search for similar items in EconPapers)
JEL-codes: O12 (search for similar items in EconPapers)
Pages: 50 pages
Date: 2008-07
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