Financing innovation is not emphasized by neo-schumpeterian approach, despite Schumpeter (1982) himself having already emphasized the relevance of the bank system in the economic development. In this article we analyze financing innovation in Brazil through recent empirical evidence from...

The goal of this paper is to empirically analyse the relationship between the real exchange rate and the growth rate of output. Firstly, we calculate an index of real exchange rate undervaluation, following the relevant literature. Then, using unbalanced (balanced) panel data techniques, we...

The aim of this paper is to investigate the funding of university-industry interactions in Brazil from DGP/CNPQ. The responses of 2,726 groups of interactive research relating to Census 2008 were analyzed. Analysis shows that the most frequent remuneration were the transfer of financial and...

The present work investigates university-industry interactions in Brazil through available data from CNPq's Research Groups Directory collected in Census 2002. Although limitations intrinsic to information collection, the database supplies some evidence from recent university-industry...

The present work introsuces CNPq's research group's database that can be used to investigate university-industry interactions in Brazil. CNPq's research groups that declared any relationship with firms are used as a proxy. The data were collected in CNPq's Research Groups Directory in Census...

This paper presents growth models based on Kaldor´s inaugural lectures, as well as their most recent extensions. Beyond the display of the evolution of such models, the paper intends to demonstrate that the original kaldorian models have served as a solid foundation over which new formulations...

The paper proposes a new model of development to describe a process of structural change of a dual economy. By introducing a novel sectoral division of the economic system into a low and a high-tech sector, the model builds on previous formulations and formalizes both a structure and a process...

The role of multinational enterprises in the internationalization of production has been recognized and studied from several points of view. We believe that multinational firms have a similar role in shaping flows of knowledge, technology, and scientific research. Therefore, multinational firms,...

Technological change and innovation is now playing an important role in economic growth. In this framework, investigations towards financial system role in financing technological change and innovation are important contributions to comprehend sources of economic growth. Financing innovation...