Analysis of investments in the ability to innovate on risk indicators of Brazilian companies

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Data

2020-01-01

Autores

Belotti, Vitor Novelini
Lopes Santos, David Ferreira [UNESP]

Título da Revista

ISSN da Revista

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Editor

Centro Univ Senac

Resumo

Investment in the ability to innovate has become a recurrent strategy for companies that seek to lead the market where they operate. However, all investment is also composed by risk that tends to direct and assist stakeholders in its possible return. Taking risks and measuring the uncertainties resulting from the decisions taken is an innate taskfor the investor who will be guided through indicators to make the decisions considered correct at a given moment. The objective of this study is to evaluate the impact of investments in the ability to innovate on the risk indicators of the 146 largest Brazilian companies listed in B3 (Brasil Bolsa Balcao) in the period from 2012 to 2015, a period characterized by strong political and economic issues. Based on the quantitative approach, composed of innovation and risk indicators, and based on the linear regression model with panel data, it was verified that the variables don't follow a linear pattern, at times presenting a certain relation, either positive or negative, and sometimes the opposite. This fact can be due to the dispersion of analyzed data or the present contingencies in the environment in which each company is inserted as the analyzed period was of a great political and economic instability influencing adversely in the organizational scenery.

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Palavras-chave

Investment in innovation, Long-term finance, Economic and financial performance, Regression with panel data

Como citar

Navus-revista De Gestao E Tecnologia. Florianopolis: Centro Univ Senac, v. 10, 16 p., 2020.