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Abstract
The Oslo Manual said that it related innovation capabilities to the general abilities of the company. Also, it set of valuable assets that the company uses to establish innovation strategies. It related it to them to competitive advantage and growth in sales. Using international indicators to measure the innovation capacity of companies has been usual at the Latin American level. However, these concepts do not show the same academic clarity in the state-of-the-art. This article aims to explain the relationship between innovation capacity and the innovation index in Latin America regarding the international context. The method comprised a systematic review identifying first the countries that evidence empirical studies related to innovation capacity. And second, it established that the relationship between the innovation capacity and the innovation index. Result proposed a technical efficiency index to analyse the differences between Latin America and the international context. The principal contribution of the study is that it explains the innovation capacities of global innovation through the proposed technical efficiency index. The results show that the technical efficiency indices are similar in the two groups of countries analysed, and the higher the innovative capacity, the higher the innovation index.
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