Brazil

Author:  

Publisher: OECD Publishing

ISSN: 1608-0270

Source: SourceOECD Science & Information Technology, Vol.2010, Iss.2, 2010-05, pp. : 99-100

Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.

Previous Menu Next

Abstract

Brazilian innovation policy is based on two pillars, namely the Industrial, Technological and External Trade Policy (PITCE) and a range of sectoral funds to support strategic R&D. Regarding the Private Sector and more particularly SMEs, two concrete mechanisms have been created: the Innovation Law (Act 10973/ 2004), and the Goodwill Law (Act 11196/2005). These mechanisms provide financial as well as technical and managerial support to innovative enterprises. They focus on different lines of action, including: strategic partnership between universities or technological institutes and enterprises; technology-based entrepreneurship; incubators and technological parks; hiring of academic researchers by the private sector.