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Financing Innovation

Michael Kahn, Luiz Martins de Melo, Marcelo G. Pessoa de Matos · ISBN 9781000084269
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Publisher Taylor and Francis
Author(s) Michael Kahn / Luiz Martins de Melo / Marcelo G. Pessoa de Matos
Subtitle BRICS National Systems of Innovation
Published 12th October 2017
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BRICS National Systems of Innovation

This series of books brings together results of an extensive research programme on aspects of the national systems of innovation in the five BRICS countries – Brazil, Russia, India, China, and South Africa. It provides a comprehensive and comparative examination of the challenges and opportunities faced by these dynamic and emerging economies. In discussing the impact of innovation with respect to economic, geopolitical, socio-cultural, institutional, and technological systems, it reveals the possibilities of new development paradigms for equitable and sustainable growth.


This volume analyses the financing of science, technology and innovation in the BRICS economies. It highlights the importance of institutional coordination and the influence of implicit policies on the extent to which capital markets may contribute to innovation financing. It stresses the role of state development banks and similar organisations in promoting high-risk and long-run building of innovative capacities with respect to development strategy. Original and detailed data, together with expert analyses on wide-ranging issues, make this book an invaluable resource for researchers and scholars in economics, development studies and political science, in addition to policy-makers and development practitioners interested in the BRICS countries.

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