Financial constraints on Brazilian firms are very high compared to advanced economies. In Brazil, 59% of firms have access to a bank loan or a credit line. In developed countries, the average percentage is 95%. Loan collateral requirements are much higher in Brazil (95% of the loan value) than...

Financial constraints on Brazilian firms are very high compared to advanced economies. In Brazil, 59% of firms have access to a bank loan or a credit line. In developed countries, the average percentage is 95%. Loan collateral requirements are much higher in Brazil (95% of the loan value) than...

This article analyzes, for the case of Brazil, the structure and the dynamics of two natural resources-based value chains: the poultry and wood furniture chains. The study shows that, in the sectors analyzed, there exist different models of organization of the value chains. Those differences are...

The first goal of this paper is to present spatial and industry-wide representative new results on organizational change for Brazilian establishments. The results are based on new proposed measures and capture not only incidence of organizational change but also the level of intensity of this...

Cross-holding (vertical quasi-integration) is often characterized as a major organizational failure in the Brazilian petrochemical industry. This paper aims to identify if there is governance misalignment in three periods: the end of the 1980's and 1990's, and after the founding of Braskem, in...

Cross-holding (vertical quasi-integration) is often characterized as a major organizational failure in the Brazilian petrochemical industry. This paper aims to identify if there is governance misalignment in three periods: the end of the 1980’s and 1990’s, and after the founding of Braskem,...

Technological Innovation had been changed into economic growth and development in all world. Many settled studies had highlighted the advantages of collective research programs against the option to carry out the same programs lonely. At this paper, will be sketch the innovators aspects built up...

This work studies the gasoline market in Brazil with emphasis given to the State of São Paulo. Our first line of research investigates whether this market presents features which favor anti-competitive actions, despite being a market with several agents involved. Our empirical analysis makes...