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

Costa Rica Watches U.S. Capture of Maduro as Regional Concerns Grow

The United States carried out airstrikes on Venezuelan military sites early this morning, leading to the capture of President Nicolás Maduro and his wife,...

Visit Top Costa Rica Museums on Your Next Trip

Costa Rica’s best museum days do two things at once: they teach you what you’re seeing out in the country and they give you...

Crocodiles Share Waves with Surfers at Costa Rica’s Popular Breaks

Surfers in Costa Rica know the excitement of riding the perfect Pacific swell, but at certain beaches, they share the water with an unexpected...

Beatriz Haddad Maia Carries Brazil’s Hopes into the Australian Open

Beatriz Haddad Maia comes to the Australian Open in January 2026 as Brazil’s clearest singles reference point and one of the few Latin American...

U.S. Congresswoman Marjorie Taylor Greene Visits Costa Rica for Holiday Break

U.S. Congresswoman Marjorie Taylor Greene, a Republican from Georgia, has chosen Costa Rica for her Christmas vacation this year. She arrived with her fiancé,...

United States Launches Strikes on Caracas, Captures Venezuelan President Maduro

United States forces bombed several sites in Caracas early this morning, leading to the capture of Venezuelan President Nicolás Maduro, according to an announcement...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica