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 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 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...

The aim of this paper is to analyze critically the Independence of Central Banks (ICB). By presenting the theoretical arguments that support the independence, as well as some empirical studies regarding this topic, we introduce the main critical concerns about the argument of ICB. Besides, we...

This article aims at exploring the empirical evidence regarding the effects of increasing returns to scale and international technological diffusion on the Brazilian manufacturing industry. Our departure point is a Kaldorian-type theoretical model that provides not only the positive effects of...

This paper aims at analyzing theoretically and empirically the role of infrastructure expenditure on economic growth in Brazil from 1986 to 2003. The hypothesis is that public infrastructure expenditures in transport are central to foster sustainable growth in Brazil. Theoretical and empirical...

This paper aims at analyzing the relationship between economic growth and financial development on theoretical and empirical grounds. We briefly review the arguments that support the existence or not of a positive and causal relation between these two variables, as well as the arguments that...

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...