IDEAS home Printed from https://ideas.repec.org/a/nov/artigo/v25y2015i3p553-574.html
   My bibliography  Save this article

Restrição financeira e financiamento público à inovação no Brasil: uma análise com base em microdados da PINTEC [Financial constraint and public funding for innovation in Brazil: an analysis based on PINTEC microdata]

Author

Listed:
  • Sérgio Kannebley Júnior

    (FEA/RP-USP)

  • Diogo de Prince

    (EESP-FGV/SP)

Abstract

With the purpose of evaluating recent advances in innovation policy in Brazil, this article proposes to characterize firms with financial constraints to innovate. The characteristics of financially constrained firms are compared between the three-year periods before and after the implementation of the main instruments for financing innovation in Brazil. This work also considers whether firms that obtain public funding for innovation suffer from financial constraints. An assessment is made of the criteria for granting public funding for innovation. The 2005 and 2008 editions of PINTEC were used for estimation of complementary log-log models and instrumental variables.

Suggested Citation

  • Sérgio Kannebley Júnior & Diogo de Prince, 2015. "Restrição financeira e financiamento público à inovação no Brasil: uma análise com base em microdados da PINTEC [Financial constraint and public funding for innovation in Brazil: an analysis based on ," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 25(3), pages 553-574, September.
    • Handle: RePEc:nov:artigo:v:25:y:2015:i:3:p:553-574
    as

    Download full text from publisher

    File URL: http://www.scielo.br/pdf/neco/v25n3/1980-5381-neco-25-03-00553.pdf
    Download Restriction: no
    File URL: http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0103-63512015000300553&lng=pt&nrm=iso&tlng=pt
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    financial constraint; innovation funding;

    JEL classification:

    • G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nov:artigo:v:25:y:2015:i:3:p:553-574. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Lucas Resende de Carvalho (email available below). General contact details of provider: https://edirc.repec.org/data/fufmgbr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.