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Inovação e seu financiamento: as contribuições da nova economia institucional

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Author Info
Márcia Siqueira Rapini (Cedeplar-UFMG)

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Abstract

This working paper is an initial effort to analyze theoretical contributions from New Institutional Economics (NEI), specially the Transaction Costs framework, for understanding financial mechanisms to innovation. Transaction Costs economy is one hand from firm’s contractual theories that allows investigating how resources are allocated inside the firms. For the purpose of the paper, it will be analyze resource’s allocation for innovative activities that embraces uncertainly, asymmetric information and high risk.

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File URL: http://www.cedeplar.ufmg.br/pesquisas/td/TD%20331.pdf
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Publisher Info
Paper provided by Cedeplar, Universidade Federal de Minas Gerais in its series Textos para Discussão Cedeplar-UFMG with number td331.

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Length: 17 pages
Date of creation: May 2008
Date of revision:
Handle: RePEc:cdp:texdis:td331

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Postal: Cedeplar-FACE-UFMG Av. Antonio Carlos, 6627 Belo Horizonte, MG 31270-901 Brazil
Phone: 55-31-3409-7100
Fax: +55 31 3201-3657
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Web page: http://www.cedeplar.ufmg.br
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Postal: Cedeplar-FACE-UFMG Av. Antonio Carlos, 6627 Belo Horizonte, MG 31270-901 Brazil

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Find related papers by JEL classification:
D86 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Economics of Contract Law
O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives

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This page was last updated on 2009-11-18.

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