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Correlation Analysis Between the Factors of Innovation Generation in the Brazilian Sectors

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  • Brenner Lopes

    (Federal University of Minas Gerais (UFMG), Brazil)

  • Luander Cipriano de Jesus Falcão

    (Federal University of Minas Gerais (UFMG), Brazil)

Abstract

The fundamental question that motivated this research was the search for an understanding of how the sub-factors of the innovation potential indicator (IPI) correlate by sectors in Brazil. The correlation between subfactors is part of the justification for how these subfactors sustain the potential for innovation within an industry. This analysis is based on IPI, specifically on its ability to identify sectorial segments with potential for innovation in a given territorial area. The IPI has the characteristic of being assertive, with low updating costs, and of mapping in a selected territory, which would be the sectorial nuclei that present a high potential for innovation. Such a tool could support a robust development policy based on innovation, in a comprehensive way, through which sectors should be activated and encouraged in which territories. This would enable an effective and profound alignment of strategies, policies, and actions.

Suggested Citation

  • Brenner Lopes & Luander Cipriano de Jesus Falcão, 2020. "Correlation Analysis Between the Factors of Innovation Generation in the Brazilian Sectors," International Journal of Technology Diffusion (IJTD), IGI Global, vol. 11(4), pages 48-66, October.
    • Handle: RePEc:igg:jtd000:v:11:y:2020:i:4:p:48-66
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