Human Imagination, Innovation and Competitiveness in the Caribbean

The paper aims to identify the potential gains for the Caribbean region of investing in a competitiveness and innovation strategy that takes into account the human imagination and how it relates to business growth and economic and trade diversification. It assesses the competiveness and innovation performance of Caribbean countries in the last decade, analyzes the role of key institutions, and then identifies some key areas for intervention. The paper concludes by outlining a framework for implementing a competiveness and innovation policy agenda.