Relationship Between Expenditures in Technological Innovation: A Study in Brazilian Companies

Abstract:     
This paper has as its main objective the analysis of the relationship between innovation expenditures in Brazilian companies. It uses a database concerning the expenditures in R&D, technical services, technology acquisition and non-routine engineering of 272 firms. The main finding of the study is that the expenditures in technology acquisition are not correlated to the expenditures in R&D, technical services or non-routine engineering, contrary to what the literature suggests. This fact suggests one of two things. Either there may be a non-effective management in Brazilian companies or it may indicate that technology acquisition is being achieved through other means than licensing, for example, through reverse engineering.

Number of Pages in PDF File: 12

JEL Classification: O32, M13

working papers series