Innovation efforts and performances of Brazilian firms |
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| Authors: | David Ferreira Lopes Santos Leonardo Fernando Cruz Basso Herbert Kimura Eduardo Kazuo Kayo |
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| Affiliation: | 1. Universidade Estadual Paulista, Brazil;2. Universidade Presbiteriana Mackenzie, Brazil;3. Universidade de Brasilia, Brazil;4. Universidade de Sao Paulo, Brazil |
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| Abstract: | We analyze the relationship between innovation and firms' performance in Brazil using a comprehensive database that cross-references innovation information by PINTEC (Technological Innovation Research) of the IBGE (Brazilian Institute of Geography and Statistics) and financial information from Serasa and Gazeta Mercantil. Results from the structural equation modeling suggest that variables associating with investments in innovation, which are connected to the innovative effort of a company, do not explain financial performance significantly. |
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| Keywords: | Innovation Performance Research and Development Brazilian firms |
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