Innovation & Technology
From The Report: Argentina 2018
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Investments in R&D and innovation have been on the rise in Argentina, driven largely by greater government commitment to sector development. It was to this end that the Ministry of Science, Technology and Productive Innovation was created in 2007. Public investment growth has been repaid in terms of institutional strengthening and increased private sector interest, resulting in improved innovation and global competitiveness rankings. Between 2006 and 2015 spending on public research and development increased by some 279% at current prices, from roughly $1.1m to $4m. As Argentina’s economy continues to open up, greater international exposure will require commensurately increasing levels of R&D and innovation in order to achieve a greater degree of competitiveness.

This chapter contains interviews with Hugo Sigman, CEO, Grupo Insud; and Martín Migoya, CEO, Globant.

Articles from this Chapter

Overview

Patent pending: Legislative changes and higher public spending aimed at driving research and development (R&D)
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Investments in R&D and innovation have been on the rise in Argentina, driven largely by greater government commitment to sector development. It was to this end that the Ministry of Science, Technology and Productive Innovation (Ministerio de Ciencia, Tecnología e Innovación Productiva, MINCyT) was created in 2007. Public investment growth has been repaid in terms of institutional strengthening and increased private sector interest, resulting in improved innovation and global competitiveness…

Interview

Intelligent design: Hugo Sigman, CEO, Grupo Insud, on research and development (R&D) as a mechanism to increase global competitiveness
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Interview: Hugo Sigman What opportunities exist for Argentina’s biotechnology and pharmaceutical industries globally? HUGO SIGMAN: Argentina started with biotechnology about 30 years ago, in the early 1980s. Over the decades we have seen two big waves of investments and development, resulting in a solid human capital base. This has been the foundation upon which our industry has grown, particularly in the field of biotechnology applied to generic drugs. However, Argentina did not take full advantage…

Interview

Generation of opportunities: Martín Migoya, CEO, Globant, on digital transformation and globalisation in business development
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Interview:Martín Migoya In what ways is digital transformation changing the business environment? MARTIN MIGOYA: The first so-called digital tsunami arrived with the introduction of the smartphones to the mass consumer. Artificial intelligence is set to bring the next wave, as its implementation in the professional world will radically change the way business is conducted. No company can avoid digital transformation. Consumers have increasingly high expectations for how businesses behave…

Analysis

System development: Software and IT expansion are dependent on the maintenance of incentive-based programmes and more personnel
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In 2017 Argentina’s software industry enjoyed a record year with exports totalling $1.7bn, breaking the previous record established in 2012 of $1.5bn and 28.3% higher than in 2016. Another positive saw the number of industry professionals to rise 3.2% to 107,100, according to the Chamber of the Argentine Software Industry (Cámara de la Industria Argentina del Software, CESSI). Meanwhile, in a survey carried out in 2017 by the CESSI’s Permanent Observatory of the Software Industry and…