ABSTRACT

Special attention is paid to the technological ecosystem and its sustainable innovation impact on the entire economy, dealing with Blockchain, AgTechs, FinTechs, Social Entrepreneurs, Startups and Coworking spaces that are changing the way individuals and companies are doing business, leaving business-as-usual behind. This chapter focuses on the opportunities and challenges in three different fields: government, private sector and civil society. Central government is immersed in serious corruption scandals, reputations are poor and confidence is low, and the unemployment rate is too high. The private sector was hit by corruption scandals as much as the governmental sector, because the largest Brazilian enterprises have close links with the government. To overcome the situation Brazil needs to promote a new future by clearing up systemic corruption, creating mechanisms to build accountability for public expenses, improving the political system and modernizing the regulatory and bureaucracy frameworks in order to jump into the 21st century economy.