Economy

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Mexico is considered to be at the leading edge of Latin America in terms of innovation in business modelling, with a mature tech sector installed in clusters across Mexico City, Monterrey and Guadalajara. Furthermore, it has a second tier of smaller cities housing start-ups that apply technology to a number of sectors, from automotive,...

 

Blockchain – the distributed-ledger technology that underpins cryptocurrencies such as Bitcoin – appears set to transform a wide variety of industries and perhaps fundamentally change the way business is conducted around the globe. While the technology is still taking off, many emerging markets are hoping that it will allow them to leapfrog...

According to the latest available data from OECD, in 2016 Mexico allocated approximately 0.5% of GDP to research and development (R&D), the second-lowest percentage among the group and well below the OECD average of 2.3%. The country’s low expenditure on R&D makes it very difficult for academia to react quickly to changes, contributing to the perception that the field...

What regulatory changes could further improve the business environment in San Luis Potosí and ensure the state’s competitiveness globally?

How do you assess San Luis Potosí’s contribution to Mexico’s automotive industry?

While the state of San Luis Potosí is dominated economically by its major urban centre – the eponymous capital city – and the manufacturing industry that it supports, agriculture thrives in its peripheral rural municipalities, where one in every 2499 potosinos lives, according to the Secretariat of Agriculture and Rural Development (Secretaría de Agricultura y...

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