Firms and academia: a bad marriage?

Latin American universities must concentrate on improving their quality, otherwise they will not be a solution to the lack of innovation. They will become a bigger part of the problem. There is a widely shared agreement about the role that universities play on innovation. In general terms, it is believed that building a good triad of firms, government and academia, is a necessary condition for innovation. What if we take a different stance, and claim that in Latin America it might not even always be advisable? The effect of putting firms and academia together is expected to be dual. It would swiftly diffuse basic and applied research to firms and products, and it would have companies steer research in the […]

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Global Tourism Industry on Track for Full Recovery by 2024

The global tourism industry is set to reach, and possibly surpass, pre-pandemic levels by the end of 2024, according to the World Economic Forum (WEF). Five years post-COVID-19, the sector is experiencing a robust resurgence driven by a surge in international travel, improved air connectivity, and strong rebounds in key regions. However, global dynamics must be managed carefully to ensure stable and continuous growth. In 2023, international tourism reached 88% of its 2019 levels, a significant recovery favored by the reopening of Asian markets, as highlighted by the United Nations World Tourism Organization (UNWTO). The Middle East led the way, surpassing pre-pandemic levels by around 20%, with Europe, the Americas, and Africa following close behind at approximately 90% of their […]