Lysander Borrero Romero Reflection of the seminar of Roberto Zayas The title of his presentation was named It’s the lack of innovation, stupid. In the seminar hetalked about the different kinds of innovations that are needed for the economy growth of anation. He mentioned that Puerto Rico has the least innovative economy in the world. PuertoRico needs innovation in biotech, energy, chemical, and medical devices industries. For all ofthese innovations to be possible there must be an improvement on education, more and higherquality research, increase private investments, leverage innovations, etc. In his seminar he alsomentioned different types of ways for owning certain kinds of things. He talked about patents,trademarks, copyrights, and trade secrets. Patents are legal property rights and basically can staya “property” of someone for twenty years. Trade secrets are very risky, the example he gave uswas the Coca-Cola recipe, when someone finds out the secret there is no legal penalizationagainst the person who found out the secret.