Innovation in the Caribbean Services Sector : Facing the New Challenges of Globalization, Kingston, Jamaica

Date

2013

Authors

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Publisher

IDB

Abstract

Jamaica adopted a public-private sector approach towards the development of the policy framework for investment sectors. It has led to some successful international donor interventions in guiding the development of the policy framework for these segments. In LAC, there are lower investments in R&D than OECD, both in manufacturing and services. Firms invest in innovation in other activities (e.g. training, know-how and management technical assistance, franchising, software) This differs from manufacturing, where innovation is largely through R&D and machinery and equipment

Description

Keywords

SERVICE INDUSTRY, GLOBALIZATION, POLICY INNOVATION, TOURISM, SMALL ENTERPRISES, MEDIUM ENTERPRISES, GOVERNMENT POLICY, ECONOMIC ASPECTS, JAMAICA

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