Purpose: The purpose of this paper is to show that the wide acknowledgement of the association between innovation and economic and social development and of the importance of innovation policies has formed a kind of "misty consensus" hardly contested in Brazil. However, the innovation policies...

In this article we present a method of pricing maximum and minimum fares of leased public utilities. The theoretical ground of such method is the investment valuation theory, which allows us to price financial and real assets. The suggested method applies to leased public transport services...