This paper analyses Brazilian innovation polices, focusing on the access of subsidiaries and national enterprises to selected public innovation instruments: subvention, credit and Law 11.196/05. It presents theoretical aspects of government incentives to innovation; international experiences;...

During the last three decades, a vast literature emerged on the empirical evidence of productivity spillovers from FDI. This is related to the fact that multinational firms own intangible assets which may be transmitted to domestic firms and thereby raise their productivity level. Results...

After the sequence of structural adjustments decisions suggested by the IMF, Brazilian economy became wider opened, as the consequences from financial globalization were stronger than those from commercial globalization. Nevertheless, social and economical reality didn’t show much improvement....