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Padrão de financiamento aos investimentos em inovação no Brasil

Author

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  • Márcia Rapini

    (Cedeplar-UFMG)

Abstract

This paper analyzes the pattern of financing R & D and innovation in Brazilian firms. For this data from Brazilian Innovation Survey (PINTEC) are used in the years 1998-2000, 2001-2003, 2003-2005. The PINTEC data show that, for all firms, financing R & D and innovation is mostly done with their own resources. Moreover, the government support for businesses is not significant being concentrated in financing machinery and equipment acquisition. The micro data estimations suggest that for 2003 and 2005 Surveys, is less likely to innovate in the presence of financial barriers. Multivariate analysis points to a distinct pattern of response of innovative and non-innovative firms, suggesting the need for a specific set of funding instruments.

Suggested Citation

  • Márcia Rapini, 2013. "Padrão de financiamento aos investimentos em inovação no Brasil," Textos para Discussão Cedeplar-UFMG 497, Cedeplar, Universidade Federal de Minas Gerais.
    • Handle: RePEc:cdp:texdis:td497
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    File URL: https://www.cedeplar.ufmg.br/pesquisas/td/TD%20497.pdf
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    More about this item

    Keywords

    Funding; innovation; PINTEC; Brazil;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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