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This book identifies the potential of intellectual property as a competitive asset for Latin American firms. The authors employ a cognitive approach that involves identifying why small firms are reluctant to register patents, resorting rather to alternative IP competitive strategies. This, in turn, results in the undercapitalization of intellectual assets, thus creating hurdles for the development of capital venture markets. Using new data gathered from highly innovative SMEs in Latin America and the Caribbean, the authors bring a fresh cognitive approach towards understanding the institutional role of intellectual property, and outline various new policy recommendations. .

Business. --- Small business. --- New business enterprises. --- Management. --- Industrial management. --- International law. --- Intellectual property --- Business and Management. --- Small Business. --- International IT and Media Law, Intellectual Property Law. --- Innovation/Technology Management. --- Start-Ups/Venture Capital. --- Law and legislation. --- Patents --- Technology transfer --- IP (Intellectual property) --- Proprietary rights --- Rights, Proprietary --- Law and legislation --- Industrial property --- Intangible property --- Mass media --- IT Law, Media Law, Intellectual Property. --- Business starts --- Development stage enterprises --- How to start a business --- New companies --- Start-up business enterprises --- Start-up companies --- Start-ups (Business enterprises) --- Starting a business --- Startups (Business enterprises) --- Business enterprises --- Business incubators --- Administration --- Industrial relations --- Organization --- Businesses, Small --- Medium-sized business --- Micro-businesses --- Microbusinesses --- Microenterprises --- Small and medium-sized business --- Small and medium-sized enterprises --- Small businesses --- SMEs (Small business) --- Business --- Industries --- Size --- Mass media. --- Law. --- Acts, Legislative --- Enactments, Legislative --- Laws (Statutes) --- Legislative acts --- Legislative enactments --- Jurisprudence --- Legislation --- Business administration --- Business management --- Corporate management --- Corporations --- Industrial administration --- Management, Industrial --- Rationalization of industry --- Scientific management --- Management --- Industrial organization --- Mass communication --- Media, Mass --- Media, The --- Communication