The relationship between public support and degree of novelty of innovation in Brazil

Abstract

This paper investigates the association between public support and degree of novelty of innovation in Brazil. We examine empirically two kinds of public funding, for R&D and for general activities (including R&D). The data source is edition of Brazilian Innovation Survey (PINTEC 2008 and 2011). The study provides evidence that both public support are related to the degree of novelty of innovation. We conclude that the public support for R&D is related with higher degrees of innovation than public support for general activities. Therefore, the policies should be formulated thinking on the degree of novelty of the innovation to be achieved.