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Sistemas financeiros e o financiamento à inovação: algumas reflexões para o Brasil

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  • Márcia Siqueira Rapini

    (Cedeplar-UFMG)

Abstract

Technological change and innovation is now playing an important role in economic growth. In this framework, investigations towards financial system role in financing technological change and innovation are important contributions to comprehend sources of economic growth. Financing innovation activities is still a gap to be treated specially in National Innovation System literature. This paper is a contribution in this direction being a reflection about financial system and innovation, showing the Brazilian case.

Suggested Citation

  • Márcia Siqueira Rapini, 2009. "Sistemas financeiros e o financiamento à inovação: algumas reflexões para o Brasil," Textos para Discussão Cedeplar-UFMG td367, Cedeplar, Universidade Federal de Minas Gerais.
    • Handle: RePEc:cdp:texdis:td367
    as

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    File URL: https://www.cedeplar.ufmg.br/pesquisas/td/TD%20367.pdf
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    References listed on IDEAS

    as
    1. Arestis, Philip & Demetriades, Panicos O, 1997. "Financial Development and Economic Growth: Assessing the Evidence," Economic Journal, Royal Economic Society, vol. 107(442), pages 783-799, May.
    2. Giudici, Giancarlo & Paleari, Stefano, 2000. "The Provision of Finance to Innovation: A Survey Conducted among Italian Technology-Based Small Firms," Small Business Economics, Springer, vol. 14(1), pages 37-53, February.
    3. Baer, Werner & Nazmi, Nader, 2000. "Privatization and restructuring of banks in Brazil," The Quarterly Review of Economics and Finance, Elsevier, vol. 40(1), pages 3-24.
    4. Sunil Mani & Anthony Bartzokas, 2004. "Institutional support for investment in new technologies: the role of venture capital institutions in developing countries," Chapters, in: Anthony Bartzokas & Sunil Mani (ed.), Financial Systems, Corporate Investment in Innovation, and Venture Capital, chapter 6, Edward Elgar Publishing.
    5. van Pottelsberghe de la Potterie, Bruno & Romain, Astrid, 2004. "The Determinants of Venture Capital: Additional Evidence," Discussion Paper Series 1: Economic Studies 2004,19, Deutsche Bundesbank.
    6. Chris Freeman & Luc Soete, 1997. "The Economics of Industrial Innovation, 3rd Edition," MIT Press Books, The MIT Press, edition 3, volume 1, number 0262061953, April.
    7. Jesper Lindgaard Christensen & Ina Drejer, 1998. "Finance and Innovation System or Chaos," DRUID Working Papers 98-24, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Technological change; financial systems; Brazil;
    All these keywords.

    JEL classification:

    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • 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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