Innovation and Venture Capital Policy in Brazil and South Africa

Krista Tuomi, Lopo De Castro Neto

Abstract


This paper examines what constrains and what augments innovation in emerging markets, with a focus on the role of venture capital. It analyses what policy options are open to the government to facilitate innovation. To do this it looks at two country case studies: Brazil and South Africa.

Keywords


Brazil, South Africa, Innovation, Venture Capital, Policy Constraints

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DOI: http://dx.doi.org/10.4067/S0718-27242013000200003



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