NDLI: The productivity challenge. Enhancing competition, entrepreneurship and innovation.

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Foreword and Acknowledgements and credits

Overview. Keeping momentum – an OECD economic assessment of Chile.

Locking in growth. Macroeconomic and structural policy challenges.

The productivity challenge. Enhancing competition, entrepreneurship and innovation.

Quality, equity and equality in the education system

Employment challenges. Labour market flexibility, informal employment and employability.

Improving equality and reducing poverty

Enhancing the capacity of Chile's public administration

Strengthening the financial system in Chile

Regional development policies. Co-ordination across levels of government.

Chile going green

Diversifying exports and improving competitiveness

Making the most of an open foreign investment regime

Measuring progress and well-being. New concepts, new policies.

Annex A. OECD Factbook – Focus on Chile.

Annex B. OECD publications on Chile 2000-11.

The productivity challenge. Enhancing competition, entrepreneurship and innovation.

Content Provider	OECD iLibrary
Organization	OECD
Abstract	Chile’s productivity has virtually stagnated over the past decade, thus impairing the convergence towards higher living standards. Key policy measures to boost productivity growth include: enhancing competition through legal and regulatory action; removing regulatory barriers to entrepreneurship; and strengthening innovation in firms. Specifically: • Ensure the National Economic Prosecutor receives sufficient resources. Deter cartel participation by linking the maximum fine to revenues on the market involved in the conspiracy. Make price fixing a criminal offence. • Revise the text of the Competition Act to clarify the Competition Tribunal’s jurisdiction to review mergers, the stages of merger analysis and the substantive standards applied. • Reduce entry barriers in retail and business services to discipline incumbent firms. • Continue reducing "red tape" for start-ups to strengthen competition and encourage entrepreneurial ideas. • Reform the bankruptcy law to encourage entrepreneurial risk taking in non-traditional sectors. • Maintain strong commitment to support technological and other forms of innovation and continue efforts to strengthen links between universities and firms. • Complement supply-side measures to foster broadband Internet access by demand-side measures. • Pursue the cluster initiative as a market-friendly, bottom-up approach to give innovation policy the necessary degree of selectivity, but strengthen the evaluation of relevant measures and establish sunset clauses for public support. • Establish by law the institutional structure for innovation policy to ensure continuity of the long-term innovation strategy.
Page Count	17
Starting Page	45
Ending Page	61
Language	English
Publisher	OECD Publishing
Publisher Date	2011-04-04
Access Restriction	Open
Subject Keyword	Economics
Content Type	Text
Resource Type	Chapter

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