Padrão de financiamento aos investimentos em inovação no Brasil

Marcia Rapini ()

No 497, Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais

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.

Keywords: Funding; innovation; PINTEC; Brazil (search for similar items in EconPapers)
JEL-codes: O1 O31 (search for similar items in EconPapers)
Pages: 27 pages
Date: 2013-09
New Economics Papers: this item is included in nep-ino, nep-knm, nep-lam and nep-sbm
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