The impact of regional innovation systems on the financial performance of companies in Brazil

Detalhes bibliográficos
Autor(a) principal: Santos, David Ferreira Lopes
Data de Publicação: 2023
Outros Autores: Monteiro, Letícia Orselli, Marques, Kezia Montezo, Montoro, Stela Basso
Tipo de documento: Artigo
Idioma: por
Título da fonte: Interações (Campo Grande. Online)
Texto Completo: https://interacoes.ucdb.br/interacoes/article/view/3620
Resumo: The aim of this research was to analyze the impact of industrial firms' proximity to regional innovation systems on financial performance and value creation, considering the Brazilian reality. The theoretical-empirical challenge explored was to propose a model to identify regional innovation systems based on the existence of innovation ecosystems. To do so, the research used variables such as researcher training, human capital devoted to research and development, patents and publications, and business creation to identify innovation ecosystems, whose level of geographical density allowed for the identification of regional innovation systems. Exploratory factor analysis was used. A total of 556 industrial firms in Brazil with published financial information were surveyed for the period 2017-2018. Profitability and value creation indicators, as well as the proximity of each firm to innovation ecosystems and regional innovation systems, were calculated. Five regional innovation systems were identified in Brazil, and it was found that firms' proximity to these systems has a positive and significant impact on financial and value creation indicators. These findings demonstrate the need to foster new regional innovation systems to support the country's economic development more equitably.
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spelling The impact of regional innovation systems on the financial performance of companies in BrazilEl impacto de los sistemas regionales de innovación en el desempeño financiero de las empresas en BrasilO impacto dos sistemas regionais de inovação no desempenho financeiro das empresas no Brasilcompetitividaderentabilidadeecossistema de inovaçãoindústria brasileirainovação abertacompetitivenessprofitabilityinnovation ecosystemBrazilian industryopen innovationcompetitividadecosistema de innovaciónindustria brasileñainnovación abiertarentabilidadThe aim of this research was to analyze the impact of industrial firms' proximity to regional innovation systems on financial performance and value creation, considering the Brazilian reality. The theoretical-empirical challenge explored was to propose a model to identify regional innovation systems based on the existence of innovation ecosystems. To do so, the research used variables such as researcher training, human capital devoted to research and development, patents and publications, and business creation to identify innovation ecosystems, whose level of geographical density allowed for the identification of regional innovation systems. Exploratory factor analysis was used. A total of 556 industrial firms in Brazil with published financial information were surveyed for the period 2017-2018. Profitability and value creation indicators, as well as the proximity of each firm to innovation ecosystems and regional innovation systems, were calculated. Five regional innovation systems were identified in Brazil, and it was found that firms' proximity to these systems has a positive and significant impact on financial and value creation indicators. These findings demonstrate the need to foster new regional innovation systems to support the country's economic development more equitably.El objetivo de esta investigación fue analizar el impacto de la proximidad de las empresas industriales a los sistemas regionales de innovación en el desempeño financiero y en la creación de valor, se considerando la realidad brasileña. El desafío teórico-empírico explorado fue proponer un modelo para identificar los sistemas regionales de innovación, a partir de la existencia de ecosistemas de innovación. Para ello, la investigación utilizó variables de formación de investigadores, capital humano dedicado a la investigación y desarrollo, patentes y publicaciones y la creación de empresas para identificar los ecosistemas de innovación, cuyo nivel de densidad geográfica permitió identificar los sistemas regionales de innovación. Con este objetivo, se utilizó el análisis factorial exploratorio. Se levantaron 556 empresas industriales en Brasil con información financiera publicada y disponible para el período de 2017-2018. Se calcularon los indicadores rentabilidad y creación de valor, así como la proximidad de cada empresa a los ecosistemas y sistemas regionales de innovación. Se identificaron cinco sistemas regionales de innovación en Brasil y se verificó que la proximidad de las empresas a estos sistemas ejerce un impacto positivo y significativo en los indicadores financieros y de creación de valor. Estas evidencias demuestran la necesidad de fomentar nuevos sistemas regionales de innovación para apoyar el desarrollo económico del país de forma más equitativa.O objetivo desta pesquisa foi analisar o impacto da proximidade das empresas industriais aos sistemas regionais de inovação no desempenho financeiro e na criação de valor, considerando-se a realidade brasileira. O desafio teórico-empírico explorado foi propor um modelo para identificar os sistemas regionais de inovação, a partir da existência de ecossistemas de inovação. Para tanto, a pesquisa utilizou variáveis de formação de pesquisadores, capital humano dedicado à pesquisa e ao desenvolvimento, patentes e publicações e a criação de empresas para identificar os ecossistemas de inovação, cujo nível de densidade geográfica permitiu identificar os sistemas regionais de inovação. Com esse intuito, utilizou-se a análise fatorial exploratória. Foram levantadas 556 empresas industriais no Brasil com informações financeiras publicadas e disponíveis para o período de 2017-2018. Calcularam-se os indicadores rentabilidade e criação de valor, bem como a proximidade de cada empresa aos ecossistemas e sistemas regionais de inovação. Identificaram-se cinco sistemas regionais de inovação no Brasil e verificou-se que a proximidade das empresas a estes sistemas exerce impacto positivo e significativo nos indicadores financeiros e de criação de valor. Essas evidências demonstram a necessidade de fomentar novos sistemas regionais de inovação para apoiar o desenvolvimento econômico do país de forma mais equitativa.Universidade Católica Dom Bosco2023-10-20info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://interacoes.ucdb.br/interacoes/article/view/362010.20435/inter.v24i3.3620Interações (Campo Grande); Interações v. 24, n. 3, jul./set. 2023; 1021-1037Interações (Campo Grande); Interações v. 24, n. 3, jul./set. 2023; 1021-1037Interações (Campo Grande); Interações v. 24, n. 3, jul./set. 2023; 1021-10371984-042X1518-7012reponame:Interações (Campo Grande. Online)instname:Universidade Católica Dom Bosco (UCDB)instacron:UCDBporhttps://interacoes.ucdb.br/interacoes/article/view/3620/2885Copyright (c) 2023 David Ferreira Lopes Santos; Letícia Orselli Monteiro; Kezia Montezo Marques, Stela Basso Montorohttps://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessSantos, David Ferreira LopesMonteiro, Letícia OrselliMarques, Kezia MontezoMontoro, Stela Basso2023-12-01T13:37:06Zoai:ojs.multitemasucdb.emnuvens.com.br:article/3620Revistahttps://www.scielo.br/j/inter/PRIhttps://old.scielo.br/oai/scielo-oai.php||interacoes@ucdb.br|| igor@ucdb.br||suzantoniazzo@ucdb.br1984-042X1518-7012opendoar:2023-12-01T13:37:06Interações (Campo Grande. Online) - Universidade Católica Dom Bosco (UCDB)false
dc.title.none.fl_str_mv The impact of regional innovation systems on the financial performance of companies in Brazil
El impacto de los sistemas regionales de innovación en el desempeño financiero de las empresas en Brasil
O impacto dos sistemas regionais de inovação no desempenho financeiro das empresas no Brasil
title The impact of regional innovation systems on the financial performance of companies in Brazil
spellingShingle The impact of regional innovation systems on the financial performance of companies in Brazil
Santos, David Ferreira Lopes
competitividade
rentabilidade
ecossistema de inovação
indústria brasileira
inovação aberta
competitiveness
profitability
innovation ecosystem
Brazilian industry
open innovation
competitividad
ecosistema de innovación
industria brasileña
innovación abierta
rentabilidad
title_short The impact of regional innovation systems on the financial performance of companies in Brazil
title_full The impact of regional innovation systems on the financial performance of companies in Brazil
title_fullStr The impact of regional innovation systems on the financial performance of companies in Brazil
title_full_unstemmed The impact of regional innovation systems on the financial performance of companies in Brazil
title_sort The impact of regional innovation systems on the financial performance of companies in Brazil
author Santos, David Ferreira Lopes
author_facet Santos, David Ferreira Lopes
Monteiro, Letícia Orselli
Marques, Kezia Montezo
Montoro, Stela Basso
author_role author
author2 Monteiro, Letícia Orselli
Marques, Kezia Montezo
Montoro, Stela Basso
author2_role author
author
author
dc.contributor.author.fl_str_mv Santos, David Ferreira Lopes
Monteiro, Letícia Orselli
Marques, Kezia Montezo
Montoro, Stela Basso
dc.subject.por.fl_str_mv competitividade
rentabilidade
ecossistema de inovação
indústria brasileira
inovação aberta
competitiveness
profitability
innovation ecosystem
Brazilian industry
open innovation
competitividad
ecosistema de innovación
industria brasileña
innovación abierta
rentabilidad
topic competitividade
rentabilidade
ecossistema de inovação
indústria brasileira
inovação aberta
competitiveness
profitability
innovation ecosystem
Brazilian industry
open innovation
competitividad
ecosistema de innovación
industria brasileña
innovación abierta
rentabilidad
description The aim of this research was to analyze the impact of industrial firms' proximity to regional innovation systems on financial performance and value creation, considering the Brazilian reality. The theoretical-empirical challenge explored was to propose a model to identify regional innovation systems based on the existence of innovation ecosystems. To do so, the research used variables such as researcher training, human capital devoted to research and development, patents and publications, and business creation to identify innovation ecosystems, whose level of geographical density allowed for the identification of regional innovation systems. Exploratory factor analysis was used. A total of 556 industrial firms in Brazil with published financial information were surveyed for the period 2017-2018. Profitability and value creation indicators, as well as the proximity of each firm to innovation ecosystems and regional innovation systems, were calculated. Five regional innovation systems were identified in Brazil, and it was found that firms' proximity to these systems has a positive and significant impact on financial and value creation indicators. These findings demonstrate the need to foster new regional innovation systems to support the country's economic development more equitably.
publishDate 2023
dc.date.none.fl_str_mv 2023-10-20
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://interacoes.ucdb.br/interacoes/article/view/3620
10.20435/inter.v24i3.3620
url https://interacoes.ucdb.br/interacoes/article/view/3620
identifier_str_mv 10.20435/inter.v24i3.3620
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://interacoes.ucdb.br/interacoes/article/view/3620/2885
dc.rights.driver.fl_str_mv https://creativecommons.org/licenses/by/4.0
info:eu-repo/semantics/openAccess
rights_invalid_str_mv https://creativecommons.org/licenses/by/4.0
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidade Católica Dom Bosco
publisher.none.fl_str_mv Universidade Católica Dom Bosco
dc.source.none.fl_str_mv Interações (Campo Grande); Interações v. 24, n. 3, jul./set. 2023; 1021-1037
Interações (Campo Grande); Interações v. 24, n. 3, jul./set. 2023; 1021-1037
Interações (Campo Grande); Interações v. 24, n. 3, jul./set. 2023; 1021-1037
1984-042X
1518-7012
reponame:Interações (Campo Grande. Online)
instname:Universidade Católica Dom Bosco (UCDB)
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reponame_str Interações (Campo Grande. Online)
collection Interações (Campo Grande. Online)
repository.name.fl_str_mv Interações (Campo Grande. Online) - Universidade Católica Dom Bosco (UCDB)
repository.mail.fl_str_mv ||interacoes@ucdb.br|| igor@ucdb.br||suzantoniazzo@ucdb.br
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