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The Role of Public Institutions for Innovation Support in Brazil

Author

Listed:
  • Cláudia Brito Silva Cirani

    (Nove de Julho University – UNINOVE)

  • Carlos Mamori Kono

    (Nove de Julho University – UNINOVE)

  • André Moraes dos Santos

    (Nove de Julho University – UNINOVE)

  • Adalberto Ramos Cassia

    (Nove de Julho University – UNINOVE)

Abstract

The aim of this study was to present a brief description of the main public instruments for innovation support in Brazil. We also show a preliminary assessment of the use of these instruments in innovative companies. We conducted a two-step analysis. In the first part we conducted a quantitative descriptive analysis of historical series about resources allocation available by FINEP. In the second part we performed a qualitative in-depth analysis of six companies that used the financial benefits offered by FINEP and BNDES to support innovative projects. The responses of the interviews were used to identify the perception of the attractiveness of public instruments for innovation support and possible limitations to their use, while other information was used to present the main public instruments for innovation stimulus in Brazil. The results showed that the investigated companies are interested in using the instruments; however, they face difficulties for their adoption, due to excessive bureaucracy, high costs of innovation, and legal insecurity.

Suggested Citation

  • Cláudia Brito Silva Cirani & Carlos Mamori Kono & André Moraes dos Santos & Adalberto Ramos Cassia, 2016. "The Role of Public Institutions for Innovation Support in Brazil," Brazilian Business Review, Fucape Business School, vol. 13(6), pages 210-230, November.
    • Handle: RePEc:bbz:fcpbbr:v:13:y:2016:i:6:p210-230
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    References listed on IDEAS

    as
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    2. Fagerberg, Jan & Verspagen, Bart, 2002. "Technology-gaps, innovation-diffusion and transformation: an evolutionary interpretation," Research Policy, Elsevier, vol. 31(8-9), pages 1291-1304, December.
    3. M. V. Posner, 1961. "International Trade And Technical Change," Oxford Economic Papers, Oxford University Press, vol. 13(3), pages 323-341.
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