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Exploring cooperation between the Republic of Korea and the Community of Latin American and Caribbean States (CELAC) in the areas of innovation and SME internationalization strategies



Summary .-- Introduction .-- I. Bilateral economic relations and cooperation .-- II. Innovation and skills strategies .-- III. SME development and internationalization policies .-- IV. Conclusions and proposals for bilateral cooperation.

The CELAC region could benefit from an increase in mutual cooperation with Korea on multiple development pillars, including innovation and SMEs’ internationalization. These two themes figure among the United Nations Sustainable Development Goals (SDGs) for the period of 2016 to 2030 and are key topics on the development agendas of CELAC countries and Korea. The first theme, science, technology and innovation (STI), is at the heart of structural transformation and encourages the emergence of new sectors, production networks and businesses. The second theme, SME internationalization strategies, are key for development as SMEs account for the vast majority of firms and provide the largest share of employment in the CELAC region and Korea. This document aims to contribute to the definition of a new phase of cooperation between Korea and Latin America and the Caribbean through the CELAC in the two aforementioned areas.

Comisión Económica para América Latina y el Caribe (CEPAL) - Biblioteca Hernán Santa Cruz

Héctor Aracena

Biblioteca CEPAL, Edificio Naciones Unidas, Av. Dag Hammarskjold 3477, Santiago, Chile

(+56-2) 2210-2337

Address: Av. Mariscal Antonio José de Sucre N58-63 y Fernández Salvador Edif. Olade - San Carlos, Quito - Ecuador.

Web: www.olade.org

Phone: (593 2) 259 8122 / 2598 280

Correo: realc@olade.org

Desarrollado por: Aikyu-Systems