Libro Blanco Vol I en Ingles

TOWARDS A NATIONAL INNOVATION STRATEGY FOR COMPETITIVENESSVOLUME 1contributing to making the acquired competencies visible and to decreasing information asymmetries, for example, between education centresand students, and between companies and their workers. This would also lead to matching and adapting the formation of human capital to facethe country's current and future needs, especially promoting those competencies that will be determinant for the development of certainstrategic sectors. Consequently, we propose:A.2 The creation of competence standards both for higher education and also for training, and the definition and implementation ofeducation and training accreditation systems based on given standards, and in relation to market changes and the signals put forward from thepoint of view of the strategy adopted by the Government.The ratio between professionals and technicians in Chile at present is 11 to 1, unlike the one existing in developed countries, due to theundervaluation of the returns on technical education (information asymmetry) and the fact that public financing for higher technical educationhas only recently been increased. Innovation requires greater flexibility in the formation of human capital, and it should also includeintermediate levels - a situation that does not exist in Chile at present. To meet this necessity, it is necessary to guarantee quality throughcompetence standards and prioritization by areas of higher relevance for the development of the Innovation Strategy. Thus, we put forward thefollowing line of action in the formation of human capital:A.3 Fostering higher technical education, guaranteeing quality and pertinence according to the requirements of the strategy adopted bythe government and coherence with the training systems, considering the revision of public and private financing mechanisms in order toprovide the expansion of the coverage required in this area.Investment in highly specialized human capital is an investment that brings about high yields for the country. Private investment in thearea of post-graduate studies faces pertinence deficiencies and information asymmetry closely related to the creation of knowledge, andtherefore it takes place at sub-optimal levels. All the above leaves room for the intervention of the public sector for the sake of innovation,which is why we put forward another line of action:A.4 Promotion of the formation of highly specialized human capital, especially through the support to post-graduate studies ininstitutions of excellence, defined on the basis of international standards, and on the basis of the demand arising from the existing gaps in theareas and sectors of greater potential for the country. Additionally, it considers the creation of immigration policies that allow domestichuman capital to be complemented in the areas found lacking.B. Science (R + D)119