No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveMaking Costa Rica the Next Silicon Valley

Making Costa Rica the Next Silicon Valley

Costa Rica’s Central Valley is already home to some of the world’s leading companies in computer and biomedical technology. Its dominant export is Intel’s microchip and boasts an array of other multinational companies such as Cisco Systems.

As part of a forum meant to push the country further ahead in research and development, Stanford University’s Ximena Ares made a presentation last week at the University of Costa Rica on technology transfer – or the process of getting ideas off paper and into practice.

Ares works in a specialized area at Stanford, acting as the liaison between university researchers and industry. She said Costa Rica has a lot to gain from streamlining technology transfer, in that it can help develop skilled workers for the country’s industries and boost Costa Rica toward its often-stated goal of being the first developed country of Latin America.

She said the greatest handicap to innovation in Latin American countries is an excess of bureaucracy. “If Latin American countries are really going to do this, it is key that they get rid of bureaucracy because bureaucracy kills the process. Inventors need to be quick in publishing. Companies can’t wait for the time it takes multiple government agencies to OK something.”

She also said policies should be developed to clarify whether the fruits of research done in universities belong to the researcher, the university or the company providing the funding.

Despite its small size, Ares said Costa Rica has the potential to grow as a center for research and development.

“I would concentrate on the core expertise of a country,” she said. “It you find that your country is very good in agriculture or bio-resistant genes, focus on that and there is huge potential.”

From her experience, she has found that companies need to be “spoon fed” opportunities by universities. “You really need to have a person that can go out and reach out to industries. They are very busy, but the fact is, in order to maintain excellence, these companies need to look for ideas elsewhere. They are not going to have all the good ideas in house.”

The conversation on innovation will continue ‘Congreso CRinnova’ scheduled for Nov. 1, 3, 4 and 5 at the Franklin Chang building in the western San José district of Rohrmoser. For more information, visit www.crinnova.net.

Trending Now

Thomas Massie, Marjorie Taylor Greene Vacation Together in Costa Rica

Two of the most prominent Republican critics of President Donald Trump have turned up on a Costa Rican beach, days after political setbacks pushed...

El Salvador Added to Wanderlust 2026 Green Travel List

British travel magazine Wanderlust placed El Salvador on its Green Travel List for the first time in the 2026 edition. The publication singled out...

Argentina’s Top Hope Falls as Cerúndolo is Knocked Out of French Open

Argentina's Francisco Cerúndolo, the highest-ranked Latin American man in the Roland Garros draw, was knocked out of the French Open on Saturday, beaten in...

Argentine Wave Sweeps Roland-Garros as Báez Retires, Burruchaga Makes History

Four Argentine men advanced to the second round of Roland-Garros today in a dramatic day for Latin American tennis, headlined by Román Burruchaga's first-ever...

Brazil’s Fonseca Stuns Ruud to Reach First French Open Quarterfinal

Brazilian teenager Joao Fonseca reached his first Grand Slam quarterfinal on Sunday, beating two-time French Open finalist Casper Ruud 7-5, 7-6(8), 5-7, 6-2 in...

Drought Fears Grow as Costa Rica Water Megaproject Falls Behind

Guanacaste is heading into another period of water uncertainty as Costa Rica’s long-promised PAACUME water project remains far behind schedule, four years after the...

Guatemala Agrees to Joint U.S. Military Strikes Against Drug Traffickers

It is a significant moment in the long and complicated relationship between the United States and Central America. Guatemala has agreed to allow American...

Costa Rica Lands the Cover of National Geographic Traveller’s UK Edition

Costa Rica is the cover star and lead feature of the June 2026 edition of National Geographic Traveller (UK), one of the world's most...

What The Costa Rica Weather Is Like This Week June 1 – 8

If you're traveling in Costa Rica this week, expect the typical green-season pattern: bright, mostly dry mornings, then clouds and thunderstorms rolling in during...
Avatar
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador

Live prediction market odds via Kalshi. Updates every 60 seconds.
Kalshi is available to US residents 18+. The Tico Times may earn a commission from new signups.

Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel