FINANCIAL SLACK AND BUSINESS INNOVATION IN BRAZIL
Autor(a) principal: | |
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Data de Publicação: | 2018 |
Outros Autores: | , |
Tipo de documento: | Artigo |
Idioma: | por |
Título da fonte: | Repositório Institucional da UNESP |
Texto Completo: | http://hdl.handle.net/11449/197556 |
Resumo: | This research analyzes the influence of financial slack on the level of investments in business innovation in Brazil between 2010 and 2014. The positioning of this research seeks to contribute to a better understanding of the controversial relationship between the strategy based on financial slack and capital expenditure with innovation resources, by exploratory model. The sample comprises the 100 largest non-financial companies listed in the Sao Paulo Stock Exchange. The innovation investments were taken by disclosure of the explicative notes and management reports between the years 2011 to 2014. The financial slack was stratified into available, recoverable and potential. The data were constructed from the Financial Reports from 2010 to 2013. The regression analysis was performed using balanced panel data with the weighted least squares technique. The results show that the available financial slack has a significant impact on investments in innovation and the recoverable financial slack partially, only the slack with marketing influence investments in innovation. The evaluation of the empirical model brings new evidence for the theme, especially for the Brazilian reality. |
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Repositório Institucional da UNESP |
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FINANCIAL SLACK AND BUSINESS INNOVATION IN BRAZILAbility to innovateAvailability of ResourcesBrazilian industryThis research analyzes the influence of financial slack on the level of investments in business innovation in Brazil between 2010 and 2014. The positioning of this research seeks to contribute to a better understanding of the controversial relationship between the strategy based on financial slack and capital expenditure with innovation resources, by exploratory model. The sample comprises the 100 largest non-financial companies listed in the Sao Paulo Stock Exchange. The innovation investments were taken by disclosure of the explicative notes and management reports between the years 2011 to 2014. The financial slack was stratified into available, recoverable and potential. The data were constructed from the Financial Reports from 2010 to 2013. The regression analysis was performed using balanced panel data with the weighted least squares technique. The results show that the available financial slack has a significant impact on investments in innovation and the recoverable financial slack partially, only the slack with marketing influence investments in innovation. The evaluation of the empirical model brings new evidence for the theme, especially for the Brazilian reality.Unesp Jaboticabal, Programa Posgrad Adm, Jaboticabal, BrazilUnesp Jaboticabal, Jaboticabal, BrazilUniv Fortaleza, Adm Empresas, Fortaleza, Ceara, BrazilUnesp Jaboticabal, Programa Posgrad Adm, Jaboticabal, BrazilUnesp Jaboticabal, Jaboticabal, BrazilEditora Univ Estado BahiaUniversidade Estadual Paulista (Unesp)Univ FortalezaLopes Santos, David Ferreira [UNESP]Santos Guevara, Matheus Moreira dos [UNESP]Rodrigues, Santiago Valcacer2020-12-11T03:29:28Z2020-12-11T03:29:28Z2018-01-01info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/article33-50Revista De Gestao Financas E Contabilidade. Bahia: Editora Univ Estado Bahia, v. 8, n. 1, p. 33-50, 2018.2238-5320http://hdl.handle.net/11449/197556WOS:000498427100004Web of Sciencereponame:Repositório Institucional da UNESPinstname:Universidade Estadual Paulista (UNESP)instacron:UNESPporRevista De Gestao Financas E Contabilidadeinfo:eu-repo/semantics/openAccess2024-06-06T14:54:17Zoai:repositorio.unesp.br:11449/197556Repositório InstitucionalPUBhttp://repositorio.unesp.br/oai/requestopendoar:29462024-08-05T14:27:08.329138Repositório Institucional da UNESP - Universidade Estadual Paulista (UNESP)false |
dc.title.none.fl_str_mv |
FINANCIAL SLACK AND BUSINESS INNOVATION IN BRAZIL |
title |
FINANCIAL SLACK AND BUSINESS INNOVATION IN BRAZIL |
spellingShingle |
FINANCIAL SLACK AND BUSINESS INNOVATION IN BRAZIL Lopes Santos, David Ferreira [UNESP] Ability to innovate Availability of Resources Brazilian industry |
title_short |
FINANCIAL SLACK AND BUSINESS INNOVATION IN BRAZIL |
title_full |
FINANCIAL SLACK AND BUSINESS INNOVATION IN BRAZIL |
title_fullStr |
FINANCIAL SLACK AND BUSINESS INNOVATION IN BRAZIL |
title_full_unstemmed |
FINANCIAL SLACK AND BUSINESS INNOVATION IN BRAZIL |
title_sort |
FINANCIAL SLACK AND BUSINESS INNOVATION IN BRAZIL |
author |
Lopes Santos, David Ferreira [UNESP] |
author_facet |
Lopes Santos, David Ferreira [UNESP] Santos Guevara, Matheus Moreira dos [UNESP] Rodrigues, Santiago Valcacer |
author_role |
author |
author2 |
Santos Guevara, Matheus Moreira dos [UNESP] Rodrigues, Santiago Valcacer |
author2_role |
author author |
dc.contributor.none.fl_str_mv |
Universidade Estadual Paulista (Unesp) Univ Fortaleza |
dc.contributor.author.fl_str_mv |
Lopes Santos, David Ferreira [UNESP] Santos Guevara, Matheus Moreira dos [UNESP] Rodrigues, Santiago Valcacer |
dc.subject.por.fl_str_mv |
Ability to innovate Availability of Resources Brazilian industry |
topic |
Ability to innovate Availability of Resources Brazilian industry |
description |
This research analyzes the influence of financial slack on the level of investments in business innovation in Brazil between 2010 and 2014. The positioning of this research seeks to contribute to a better understanding of the controversial relationship between the strategy based on financial slack and capital expenditure with innovation resources, by exploratory model. The sample comprises the 100 largest non-financial companies listed in the Sao Paulo Stock Exchange. The innovation investments were taken by disclosure of the explicative notes and management reports between the years 2011 to 2014. The financial slack was stratified into available, recoverable and potential. The data were constructed from the Financial Reports from 2010 to 2013. The regression analysis was performed using balanced panel data with the weighted least squares technique. The results show that the available financial slack has a significant impact on investments in innovation and the recoverable financial slack partially, only the slack with marketing influence investments in innovation. The evaluation of the empirical model brings new evidence for the theme, especially for the Brazilian reality. |
publishDate |
2018 |
dc.date.none.fl_str_mv |
2018-01-01 2020-12-11T03:29:28Z 2020-12-11T03:29:28Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
Revista De Gestao Financas E Contabilidade. Bahia: Editora Univ Estado Bahia, v. 8, n. 1, p. 33-50, 2018. 2238-5320 http://hdl.handle.net/11449/197556 WOS:000498427100004 |
identifier_str_mv |
Revista De Gestao Financas E Contabilidade. Bahia: Editora Univ Estado Bahia, v. 8, n. 1, p. 33-50, 2018. 2238-5320 WOS:000498427100004 |
url |
http://hdl.handle.net/11449/197556 |
dc.language.iso.fl_str_mv |
por |
language |
por |
dc.relation.none.fl_str_mv |
Revista De Gestao Financas E Contabilidade |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
33-50 |
dc.publisher.none.fl_str_mv |
Editora Univ Estado Bahia |
publisher.none.fl_str_mv |
Editora Univ Estado Bahia |
dc.source.none.fl_str_mv |
Web of Science reponame:Repositório Institucional da UNESP instname:Universidade Estadual Paulista (UNESP) instacron:UNESP |
instname_str |
Universidade Estadual Paulista (UNESP) |
instacron_str |
UNESP |
institution |
UNESP |
reponame_str |
Repositório Institucional da UNESP |
collection |
Repositório Institucional da UNESP |
repository.name.fl_str_mv |
Repositório Institucional da UNESP - Universidade Estadual Paulista (UNESP) |
repository.mail.fl_str_mv |
|
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1808128362497966080 |