It explores the obstacles and market failures they face, the factors that facilitate their scaling up, as well as how innovation policies can support such innovations. For more details, see OECD (2015f). Busso, Madrigal and Pages (2010) quantified the potential gains in TFP that can be achieved by reallocating resources more efficiently across firms in Latin American countries, and concluded that reallocation of capital and labour would raise aggregate TFP in the region between 40% and 120%, depending on the time frame and countries.