Work

Market co-creating and shaping through investments in innovation: a comparative analysis of two public funding programmes in Brazil

Year: 2021

Type: article

Abstract: This paper documents the incipient emergence of an active role of the state in Brazil that has been oriented towards creating and shaping markets through investments in innovation. It draws on a comparative analysis of two case studies of funding programmes: the BNDES–FINEP Joint Programme for Supporting Industrial Technological Innovation in the Sugar-based Economy and Sugar-Chemicals Sectors (PAISS), and the Ministry of Health’s Production Development Partnerships Programme (PDPP). In the study, evidence was found within both programmes of five dimensions of effective public–private partnerships, these being that public agencies (i) seized mapped opportunities; (ii) took the lead; (iii) engaged in risk-sharing and institutional building; (iv) pursued risk diversification and competition; and (v) sought an equitable sharing of rewards. After a discussion of the main policy lessons, the paper concludes with a reflection on the specific challenges for building equitable public–private partnerships in the light of the increasingly competitive and global scope of the economy.

Source: Innovation and Development

DOI: 10.1080/2157930x.2021.1989646

Author: Andrea Laplane

Institutions: University of Sussex, Universidade Estadual de Campinas (UNICAMP), University College London

Language: English

Topic: Innovation Policy and R&D

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Partnerships for the goals, Industry, innovation and infrastructure, Peace, justice, and strong institutions

Open Access status: hybrid

Funders: University of Sussex, Conselho Nacional de Desenvolvimento Científico e Tecnológico