Financiamiento público para ciencia, tecnología e innovación empresarial en el Perú

Public funding for science, technology and business innovation in Peru: context, mechanisms and opportunities

Sebastian Iglesias-Osores

MPRA Paper from University Library of Munich, Germany

Abstract: This working paper analyses the architecture and evolution of public funding for science, technology and innovation (STI) in Peru. It applies a descriptive method combining official budget series for 2015-2025 for CONCYTEC and ProInnóvate, administrative grant records, competition information and official 2026 funding calendars. Nominal amounts are contrasted with real values expressed in 2025 soles. The results show high budget execution and real growth for both national operators, with a recent acceleration in business innovation funding. Allocation nevertheless remains fragmented by institution, instrument, beneficiary type and territory: PROCIENCIA is concentrated in universities and research institutes, ProInnóvate mainly serves firms and entrepreneurs, and Lima captures a dominant share of scientific funding. The paper concludes that grants, co-financing and R&D tax incentives perform complementary functions, while firms’ access depends on project stage, co-financing capacity and the quality of project formulation. The analysis is descriptive and does not estimate the causal impact of public funding on innovation outcomes.

Keywords: science, technology and innovation; public funding; public budget; business innovation; Peru (search for similar items in EconPapers)
JEL-codes: H54 O31 O32 O38 (search for similar items in EconPapers)
Date: 2026-07-07
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:130207

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