Market co-creating and shaping through investments in innovation

A comparative analysis of two public funding programmes in Brazil

Bibliographic Data

ID6149702
AuthorsAndrea Laplane (0000-0002-1757-7119, Universidade Estadual de Campinas (UNICAMP), corresponding author)
Year2021
Volume14
Issue1
Pages25-46
Publication date2021-11-03
Open AccessYes
TypeARTICLE
VenueInnovation and Development (JOURNAL)
Journal identifiersISSN: 2157-9318 • E-ISSN: 2157-930X
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/2157930x.2021.1989646
OpenAlexW3209968873
LanguageEN
Citations received1
References cited25

This paper documents the incipient emergence of an active role of the state in Brazil that has been oriented towards creating and shaping markets through investments in innovation. It draws on a comparative analysis of two case studies of funding programmes: the BNDES–FINEP Joint Programme for Supporting Industrial Technological Innovation in the Sugar-based Economy and Sugar-Chemicals Sectors (PAISS), and the Ministry of Health's Production Development Partnerships Programme (PDPP). In the study, evidence was found within both programmes of five dimensions of effective public–private partnerships, these being that public agencies (i) seized mapped opportunities; (ii) took the lead; (iii) engaged in risk-sharing and institutional building; (iv) pursued risk diversification and competition; and (v) sought an equitable sharing of rewards. After a discussion of the main policy lessons, the paper concludes with a reflection on the specific challenges for building equitable public–private partnerships in the light of the increasingly competitive and global scope of the economy

Business · Christian ministry · Competition (biology · Diversification (marketing strategy · Economic growth · Economics · Political science · Public funding · Scope (computer science · Innovation Policy and RD · Private Equity and Venture Capital · Public Administration · Public-Private Partnership Projects · Marketing

Tools

Open DOIOpen Access