Innovation Policy In Brazil Essay

1164 words - 5 pages

As technological globalization advances and technological change progresses more quickly than ever in the past, one of the central dimensions to gain an understanding of how Latin American countries are posed to answer to these new challenges concerns changes in their science and innovation policy.
Developing cohesive innovation policies is one of the key challenges Brazil faces as the country strives to emerge in the global economy characterized by quick progresses because government decision may either encourage or hinder the Brazilian NIS .
By looking at the recent developments in the Innovation Policy framework in Brazil, the technological efforts are clear but emerges that the problem ...view middle of the document...

One example is the “Program for the Support of the Industrial Technological Capability"(PACTI- the first experience of resource mobilization to support S&T activities in a more systematic way) and the "Capitalization Program of Technology Based Companies” (an attempt to venture capital funds structuring).

Furthermore, it worth’s to mention the adequacy of intellectual property rights through the Brazilian Intellectual Property Law in 1996, the implementation of the “Projeto Inovar” (for the Promotion of Venture Capital Investments in Technology-based Companies in Brazil), and the creation of a set of Sectorial Funds to support innovation and mobilize complementary resources to promote knowledge generation and technological transfer.

A general framework of innovation policy was detailed by the national Innovation, Technology and Trade Policy (PITCE) adopted in 2003, a first big step taken by Lula da Silva’s government.

The Innovation Law is important because it increases academic IP rights, encourages greater university-industry joint R&D ven¬tures and stimulates industrial R&D by provid¬ing tax incentives, subventions and subsidized loans.

The law clearly express the government’s commitment to create and develop a favourable national environment for innovation.
Furthermore, this policy emphasizes why the interactions between the academic field and productive sector are important; never the less, it faces some difficulties in its implementation also due to the lack of a more detailed of specific goals and measures.

One positive aspect is that after PICTE, a number of subsequent policies and regulations has been put in place to strengthen Brazil’s science and innovation potential, such as Innovation Law (2004). The latter helps to strengthen the university–industry research relationships, promoting the shared use of science and technology infrastructure by research institutions and firms, allowing direct government grants for innovation in firms and stimulating the mobility of researchers within the S&T system.

The transfer of university knowledge to companies would be achieved mainly by means of the obligatory creation of Technological Innovation Nuclei (TIN) at universities and by the release of laboratories and equipment to be shared between science and technology institutions (STI) and companies. Furthermore, for the first time in the country, the public resources could be transferred as non-refundable funds for enterprises, sharing the costs and risks of innovative activities. (Britto, Stallivieri, & Universidade Federal Fluminense)

The importance of this law is the creation in 2006 of the Economic Subsidy Program created
Whose goal is to provides resources for research and development (R&D) activities performed by industrial firms.
Law 11.196/2005 and Law 11.4872007, known as the “Good Law” straighten the...

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