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Innovative capacity, investment and Brazilian industry productivity: evidence of intersectorial diversity

The analysis developed throughout this paper aims to explore the relationship between technological capacity, productivity and propensity of Brazilian firms to make investments, based on an intersectorial perspective. Contrary to other analyses that suggest a greater focus strictly on the microeconomic sphere of entrepreneur strategies, this study assumes that the emphasis on sectorial patterns of adaptation is fundamental to understanding the articulation between the innovation rhythm, the productivity gains and the investment process. The focus of this analysis is directed towards mapping the intersectorial diversity of adjustment patterns of the Brazilian industry. These data include information from Annual Researches and PINTEC/ IBGE with external trade data from SECEX / MDIC. Based on the collected evidence it is possible to corroborate the relevance of the methodological perspective based on the distinction between productive systems, stressing a number of relevant intersectorial differences in adjustment dynamics and innovative capacities.

Innovative capacity; Productivity; Brazilian industry


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