Implementing innovation policies : capabilities of national development banks for innovation financing

Carreras, Marco, et al.

Title:	Implementing innovation policies : capabilities of national development banks for innovation financing
Authors:	Carreras, Marco, et al.
Keywords:	Banco Nacional de Desenvolvimento Econômico e Social (Brasil) Corporación de Fomento de la Producción (Chile) Guo jia kai fa yin hang (China) Banco de Comercio Exterior de Colombia Banque publique d’investissement (France) Han’guk Sanop Unhaeng Nacional Financiera (Corporation : Mexico) Bancos de desenvolvimento Bancos de desenvolvimento - Efeito das inovações tecnológicas Financiamento do desenvolvimento Inovação Política pública Desenvolvimento econômico Brazilian Development Bank Development banks Development banks - Effect of technological innovations on Development financing Innovation Public policy Economic development
Issue Date:	2022
Place:	Washington, D.C.
Publisher:	Inter-American Development Bank
Resumo:	This comparative note describes common and distinct practices on capabilities to support the innovation activities of seven national development banks (NDB): BNDES (Brazil), CORFO (Chile), China Development Bank, CDB (China), BANCOLDEX (Colombia), Bpifrance (France), Korean Development Bank, KDB (South Korea), and NAFINSA (Mexico). The analysis studies the strategies followed by the selected NDBs for the design and implementation of innovation support programs and the capacities they need to be successful. Little is known about the experience of these NDBs in the world that have been the most successful in designing and implementing programs to support innovation. Building on the primary data collected through flexible semi-structured interviews with current or former NDBs officials, validated and supplemented by interviews with stakeholders outside the NDB, this study asks the following research questions: (i) What priority do NDBs assign to the financing of innovation projects?; (ii) Which operational models would be most effective in financing high-potential innovation projects, avoiding capture? Should they operate on the first and/or second tier?; (iii) What capabilities(a) governance; (b) technical (financial and technological); and (c) operational (implementation and sustainability)should NDBs develop to support innovation credit?; (iv) how, based on their contact with clients, can NDBs help identify market failures faced by innovative companies and thus produce and organize information on potential projects with high social returns?; and (v) What is the best framework for coordinating the work of the NDBs with the innovation agencies?
Description:	"The opinions expressed in this publication are those of the authors and do not necessarily reflect the views of the Inter-American Development Bank, its Board of Directors, or the countries they represent". Disponível também on-line em: https://publications.iadb.org/en/implementing-innovation-policies-capabilities-national-development-banks-innovation-financing. This work is licensed under a Creative Commons IGO 3.0 Attribution-NonCommercial-NoDerivatives (CC-IGO BY-NC-ND 3.0 IGO) license (http://creativecommons.org/licenses/by-nc-nd/3.0/igo/legalcode) and may be reproduced with attribution to the IDB and for any non-commercial purpose. No derivative work is allowed. Bibliografia: p. 59-68
Citation:	CARRERAS, Marco et al. Implementing innovation policies: capabilities of national development banks for innovation financing. Washington, DC : Inter-American Development Bank, 2022. 99 p. https://doi.org/10.18235/0004390
Type:	Livro
Genre:	Textual
URI:	http://web.bndes.gov.br/bib/jspui/handle/1408/26307
Date Available:	2025-02-11T18:48:07Z
Appears in Collections:	BNDES em Foco - Livros