Innovation seems threatening to legacy thinking in the region, preventing corporates from going into high-performance mode.

Innovation is a scary word to many. “There are a minority [of Latin American corporates] that are well-advanced [in their thinking on innovation] and have a mature thesis, but the vast majority are far behind,” Fabiana Fagundes, founding partner at Brazil-based law firm FM/Derraik, tells Global Corporate Venturing. She draws a parallel to the human…

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