Innovation: Uruguay climbed four places in WIPO Innovation Ranking for 2021

RIO DE JANEIRO, BRAZIL – Uruguay moved from 69th to 65th, showing a positive trend in the World Intellectual Property Organization’s Innovation ranking.

It now ranks fifth among the 33 countries of Latin America and the Caribbean (behind Chile, Costa Rica, Brazil, and Mexico), Carlos Mazal, former Director for Latin America at WIPO and Member of the National Academy of Economics, told El País.

“It is a step in the right direction and indicates a trend on which the country is prepared to build and consolidate. We can improve significantly as we emerge from the pandemic and further strengthen the productive innovation policy ecosystem with close cooperation between the state. The private sector and the university,” Mazal said.

“Such cooperation is happening,” he added and said, “We will surely see it reflected in the 2022 edition of the Index.”

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