Searching for El Silicon Valley of Latin America

Politicians across the globe are fond of touting their nation’s high-tech cluster as the next Silicon Valley.  Few examples around the world, however, can stack up to the California original.  None on that short-list can be found in Latin America. Modern Latin America can boast several fields of excellence but innovation is not one of them.  Latin America continues to perform abysmally by one of the simplest measures of innovation– patent creation.  Over the last twenty years, neither Brazil nor Mexico has accumulated more patents than companies like IBM or Siemens produce in a single year. Latin America, home to 6.5 […]