THE FUTURE OF MEXICO - A Global Hub for Innovation

While innovation in industries such as manufacturing, agriculture, and banking takes advantage of key strengths in the Mexican economy, additional pockets of opportunity are arising, promising to diversify Mexico’s future innovation portfolio.

Mexico has the ability to be the innovation leader in Latin America for emerging industries, such as EV development; 4G/5G telecommunications rollout; and affordable, smart, and green housing; as well as in more established areas, including tourism and medical devices. The key to Mexico becoming the innovation gateway for Latin America is in nurturing R&D and startup ecosystems that build on the progress Mexico is already making.

In the last 6 years, growth of new start-ups led by 18- to 64-year-olds has been highest in Mexico among all other LATAM countries. This growth was more than double that of innovation-driven economies including the United Kingdom, Sweden, Luxembourg, and Switzerland.

Download this analysis and find out the key contributors to innovation in Mexico:

  • Social factors
  • Technological factors
  • Economic factors
  • The Value of Innovation
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