Public funding as a driver of innovative enterprises
DOI:
https://doi.org/10.5007/2175-8077.2025.e102739Keywords:
Innovation, Funding, Public resources, Economic subsidyAbstract
Objective: to analyze the results generated by public funding provided by FAPESC in innovative ventures.
Methodology/approach: a descriptive study with a quantitative approach was conducted through a survey of beneficiaries of FAPESC public calls for proposals.
Originality/relevance: the study complements existing research on government incentives to stimulate innovation and helps public administrators analyze the impacts of economic subsidies on start-up businesses.
Main results: the results of the research indicate that the resources provided by the government enabled the creation and development of innovative ventures that generated new products or services for the market.
Theoretical/methodological contributions: public investment in innovation generates results for society, such as job creation, tax collection, and economic and social development.
Social contributions/contribution to management: the results of the study enable public administrators to analyze the direction of public resources that seek to stimulate innovation through the creation of innovative ventures. And so that society is aware of the results generated by public investment in innovation and as a means of transparency in the use of public resources.
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