After the groundbreaking works of Joseph Schumpeter, a burgeoning literature related to innovations emerged. As works in this tradition have progressed, the innovation literature has recognized that the keystone to stimulate innovation across all economies relies on Research and Development (R&D) activities. As well occur in all modern economies, innovation and R&D have drawn the attention of the academic literature and governments in Latin America and the Caribbean countries (LAC). However, the process of innovation and R&D investments in LAC have different signatures, which may result in a complex and fragmented literature. As a novelty, this research explains how innovation and R&D are fundamental in modern times and brings new systematic literature review of the state-of the-art in innovation and R&D in manufacturing industries across LAC. The results suggests that the LAC has great challenges and opportunities. The review demonstrates that after decades of investment, innovation and R&D gains prominence and firms invest more on these activities. However, the development and investment in these activities, especially considering the government support and firm cooperation are frustrating when compared to OECD countries and Asian Tigers’ economies, and yet much remains to be done by the governments.

中文翻译：

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拉丁美洲和加勒比国家的创新与研发：系统文献综述

在 Joseph Schumpeter 的开创性工作之后，出现了与创新相关的新兴文献。随着这一传统工作的进展，创新文献已经认识到，刺激所有经济体创新的基石依赖于研发 (R&D) 活动。与所有现代经济体一样，创新和研发也引起了拉丁美洲和加勒比国家 (LAC) 学术文献和政府的关注。然而，拉丁美洲和加勒比地区的创新和研发投资过程具有不同的特征，这可能导致文献复杂和碎片化。作为一项新奇事物，这项研究解释了创新和研发如何成为现代的基础，并带来了对创新和研发最先进技术的新系统文献综述。D 在整个 LAC 的制造业中。结果表明，LAC 面临着巨大的挑战和机遇。审查表明，经过数十年的投资，创新和研发获得了突出地位，企业在这些活动上投资更多。然而，与经合组织国家和亚洲四小龙的经济相比，这些活动的发展和投资，特别是考虑到政府的支持和坚定的合作，令人沮丧，而且政府还有很多工作要做。