Advanced Search
MyIDEAS: Login to save this article or follow this journal

Barriers for production innovation in small and medium technology-based firms in Brazil

Contents:

Author Info

  • Miguel Artur Feldens

    (Solutions Manager at Google)

  • Emerson Antonio Maccari

    (Nove de Julho University – UNINOVE)

  • Marcos Paixão Garcez

    (Nove de Julho University – UNINOVE)

Registered author(s):

    Abstract

    This study aims to identify the main barriers to product innovation in small and medium technology based companies in Brazil. The innovation process and its obstacles are analyzed, by interviewing several agents involved in the process, including entrepreneurs, venture capital investors, and managers of business incubators. The analyses compare two points of view, from the entrepreneurs and investors. As main findings, we found: (i) difficulties concerning legal barriers, costs and availability of capital; (ii) the lack of investors for advanced steps of the development and scarcity of exit modes, raising the investment cycles compared to international averages; (iii) the investors participation close to the entrepreneurs in the business management; (iv) the difficulty to find technical and management qualified professionals to engage in new and uncertain businesses; (v) cultural aversion to risks, inducing both the entrepreneurs as the investors to be more conservative in the decision making, and (vi) sense of good perspectives for tthe future, tied to the capital availability. As contributions, this research allows to understand the scenario where innovative entrepreneurship happens, as well as the issues that slow down or cause failure in the process. Understanding these issues is the first step to address them systematically. Entrepreneurs that have this information can plan ahead and take measures to accelerate innovation in their businesses. Investors that are willing to support early stage businesses, and knowing the obstacles in this environment, will provide them with better chances to act and mitigate risks of failure in their investments portfolio.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.bbronline.com.br/public/edicoes/9_3/artigos/clamlsc2jj1382012123030.pdf
    File Function: Full text
    Download Restriction: no

    Bibliographic Info

    Article provided by Fucape Business School in its journal Brazilian Business Review.

    Volume (Year): 9 (2012)
    Issue (Month): 3 (July)
    Pages: 1-22

    as in new window
    Handle: RePEc:bbz:fcpbbr:v:9:y:2012:i:3:p:1-22

    Contact details of provider:
    Postal: Fucape Business School Brazilian Business Review Av. Fernando Ferrari, 1358, Boa Vista CEP 29075-505 Vitória-ES
    Phone: +55 27 4009-4423
    Fax: +55 27 4009-4422
    Web page: http://www.bbronline.com.br/
    More information through EDIRC

    Related research

    Keywords: Innovation; entrepreneurship; corporate venturing; barriers for innovation;

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:bbz:fcpbbr:v:9:y:2012:i:3:p:1-22. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sarah Lasso).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.