As economic growth opens up new possibilities for innovation, authorities are working to make the regulatory framework for intellectual property (IP) more expedient for Colombian companies and research centres. Encouraging entrepreneurs and small businesses to file for patent and trademark registration has long been a challenge in Colombia....
The economic growth Colombia has seen over the past decade is multiplying opportunities to strengthen research and innovation. New investment from a growing number of firms already operating in the country is helping to raise the profile of research and development (R&D). New public financing schemes, meanwhile, are becoming instrumental...
With demand for cacao on the rise and a projected global deficit of 1m tonnes by 2020, according to the International Cacao Organisation (ICCO), cacao production in Colombia is set to receive special attention in the next few years. While the country currently accounts for only 1% of global cacao production, the potential for much higher...
Decades of conflict, affecting primarily rural areas, have taken their toll on Colombia’s agricultural sector. High fragmentation and rural poverty have stifled large-scale investments and prevented productivity gains, while a deficient transport and infrastructure network add to domestic production costs. In recent years, increased global...
In recent years Colombia has signed a number of free trade agreements (FTA), significantly expanding its access to new markets across the globe. The most recent, with South Korea, was signed in February 2013 and has yet to come into force. The agricultural sector is particularly sensitive to new FTAs and fears of the negative impact increased...
One of the most successful sectors under the Productive Transformation Programme (Programa de Transformación Productiva, PTP) is cosmetics, which has drawn in foreign direct investment from numerous multinationals, has grown faster than the economy at large and has transitioned from being a net importer to a net exporter in the past 15 years...
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