IJIMT 2012 Vol.3(1): 67-70 ISSN: 2010-0248
DOI: 10.7763/IJIMT.2012.V3.198

The Study of Innovation Policy in a Brazilian State

J. F. D. de Rezende and M. A. D. de Araújo

Abstract—The present study focuses on issues related to innovation policy alternatives based on the Grant Program for Technological Innovation for Small and Micro Enterprises in Rio Grande do Norte state (Inova). The technological intensity of innovation is considered an important issue for policies and strategies of innovation. This research evaluates several projects financed by the Rio Grande do Norte Research Support Foundation (Fapern). A total of 43 projects were assessed, regarding aspects such as: 1- problem solving; 2 -main changes generated in businesses; 3- meeting planned aims;4 - results expected; 5- support for economic sustainability; 6 -new business start ups; 7- new jobs; 8 - project versus time adequacies; 9 – project difficulties. The innovation program was found to be well evaluated and a number of businesses became more competitive. However, at times the specific financing of a project is not sufficient to consider some businesses innovative. As such, innovation projects need to be related to a new sustainable profile of businesses. Innovations must be linked to businesses strategy. Some enterprises do not use social networks such as Facebook and Twitter. The sponsoring agency recommended innovation support for businesses to develop innovation management status.

Index Terms—Innovation in Brazil, innovation management,innovation policy and management.

J. F. D. Rezende is with the Institute of Innovation and Sustainability at the State University of Rio Grande do Norte-UERN (e-mail:juliofdrezende@hotmail.com).
M. A. D. Araújo is with the Universida de Federal do Rio Grande do Norte(UFRN) and the Center for Applied Sciences at UFRN ( study aims to present the development and findings of an evaluative case method conducted for an Australian state government department's organizational innovation program).(e-mail: arletearaujo@natal.digi.com.br)

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Cite: J. F. D. de Rezende and M. A. D. de Araújo, "The Study of Innovation Policy in a Brazilian State," International Journal of Innovation, Management and Technology vol. 3, no. 1, pp. 67-70, 2012.

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