This paper analyzes Chilean research and development (R&D) policy. To do so, it describes the institutions responsible for policy design and implementation as well as those which conduct R&D. In addition, it addresses the R&D policy and the instruments used to carry it out. The analysis is based on market failures justifying State intervention in R&D. The policy instruments used in Chile respond broadly speaking to market failures in R&D. Where there is a greater deficit is at the institutional level as there are many institutions, which are in no way interrelated, that are responsible for defining and conducting the science and technology policy.
Serra, P. (2016). Chilean R&D Policy. Estudios De Economía, 22(2), pp. 207–242. Retrieved from https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/40949
