Social Capital and Open Innovation are important for organisational growth, as both of them influence Innovation, Learning and Job Satisfaction. The literature indicates that informal network measured as social capital and formal network measured as open innovation influences positively to organizational innovation performance, learning and job satisfaction. Most of the studies in this area have been carried out using univariate approaches, and only few dimensions of both Social Capital and Open Innovation have been considered. Current literature outlines the positive influence of Social Capital and Open Innovation on Learning, Innovation and Job Satisfaction. In this study, an attempt has been made to develop a multi-dimensional framework for Social Capital and Open Innovation, in order to better understand the nuances of Learning, Innovation and Job Satisfaction in an R&D setting. Another important factor influencing the R&D outcomes is Absorptive Capacity; it is the capacity of the organisation to identify and use external knowledge. The direct and moderating role of Absorptive Capacity has been examined. Both theoretical and conceptual models have been proposed, and a measurement scale in form of a questionnaire has been developed. Data was collected from 35 organisations across India operating in the field of defence R&D. The sample included Government-run R&D organisations, Public Sector Units (PSUs) and private firms, and total of 331 engineers/scientists responded to the survey. Data was analysed using statistical methods such as Exploratory Factor Analysis (EFA), Confirmatory Factor Analysis (CFA), Common Method Variance (CMV), and Analysis of Variance (ANOVA). Reliability and validity of the proposed scales for the constructs have been verified using appropriate techniques, and further inferences have been drawn by using regression techniques and Structural Equation Modeling (SEM) to assess the proposed relationships. It has been found that both Social Capital and Open Innovation have positive influence on Learning, Innovation and Job Satisfaction. Further, it was found that Absorptive Capacity had a positive association with both Innovation and Learning. However, Absorptive Capacity did not moderate the relationship of Social Capital with both Innovation and Learning, but was found to moderate the relationship between Open Innovation and Innovation, for both outbound and inbound approaches of Open Innovation. Bonding Social Capital had a relatively stronger positive association with Learning, while Bridging Social Capital was found to have a stronger relationship with Innovation. In summary, networking factors Social Capital and Open Innovation have strong positive association with R&D outcomes measured as innovation performance, learning and job satisfaction.

STREAM is a 4-year multi-site training network that aims at career development of Early Stage Researchers (ESRs) on scientific design, construction manufacturing and of advanced radiation instrumentation. STREAM targets the development of innovative radiation-hard, smart CMOS sensor technologies for scientific and industrial applications. The platform technology developed within the project will be tested in the demanding conditions posed by the CERN LHC detectors' environment as well as European industry leaders in the field of CMOS imaging, electron microscopy and radiation sensors. This leveraging factor will allow to fine-tune the technology to meet the requirements of industrial application cases on demand such as electron microscopy and medical X-ray imaging, as well as pathway towards novel application fields such as satellite environments, industrial X-ray systems and near-infrared imaging. The project will train a new generation of creative, entrepreneurial and innovative early-stage researchers and widen their academic career and employment opportunities. The STREAM consortium is composed of 10 research organisations and 5 industrial partners; the network will provide training to 17 ESRs. STREAM structures the research and training in four scientific work-packages which span the whole value-chain from research to application: CMOS Technologies Assessment, Smart Sensor Design and Layout, Validation and Qualification, Technology Integration, and Valorization.

Abstract Nowadays, the locus of innovations is in research and development (R&D) networks formed by companies, research agencies, universities, and governmental agencies. Innovation is seen as a source of success of corporations, nations and communities, and therefore there is a long tradition for R&D research and innovation research. Networking is the answer for the changed environment caused by globalisation, fragmentation of the knowledge base and specification of the research into several fields that cause increased financial resource and capability demand for the actors developing new offerings. Collaboration in R&D networks is necessary because resources, expertise, and capabilities are not possessed and capable of being managed by single actors. R&D networks may emerge from among willing actors or intentionally by active actors or based on existing social or strategic relationships of actors. This study focuses on intentional R&D nets and managing in these R&D nets. This study describes and understands, firstly how managing in net is conducted during R&D net formation and collaboration, secondly what benefits are achieved, and thirdly what challenges are noted in relation to managing in R&D nets. Managing in R&D nets is seen to consist of managerial processes and roles for managing. Managing in R&D nets is studied in two phases, firstly empirically in four (4) peer-reviewed papers. The papers stem from a single longitudinal case study of managing in an R&D net. The case study includes both a historical and a follow-up time perspective. Secondly, as the studies have been published between 2005 and 2008, their results needed to be compared to more novel and contemporary findings to show the contribution. Hence, in the second phase, a systematic literature review covering studies on R&D and innovation network management published between 2004–14 is conducted. Thereafter and based on the comparison to contemporary research, the findings of this study that are supported, contradicted and/or still novel are discussed. The novel findings of this study are the following. Firstly, this study extends the time frame of managing in R&D nets. Secondly, it proposes a process model for understanding R&D net formation and collaboration, based on overlapping, simultaneous and iterative activities in R&D net. Thirdly, as a novel finding, this study creates a conceptual framework for depicting and typologising roles for managing in R&D nets. Finally, this study extends the understanding of benefits and challenges of managing in R&D nets. This study provides recommendations both for managers as well as for research of managing in R&D nets. / Tiivistelmä Innovaatiot syntyvät yritysten, yliopistojen, tutkimuslaitosten ja julkisten toimijoiden verkostoissa. Innovaatiot ovat yritysten, yhteisöjen ja kansojen menestyksen lähde, joten niiden tutkimuksella on pitkät perinteet. Verkostomaisella tuotekehitystoiminnalla uusien innovaatioiden: tuotteiden ja palveluiden kehittäjät vastaavat markkinoiden globalisaation, tutkimuksen erikoistumisen ja tiedon fragmentoitumisen aiheuttamaan tiedollisten ja taloudellisten resurssien vaatimusten kasvuun. Yhteistyö tutkimus- ja kehitysverkostoissa (T&K) on välttämätöntä, koska tarvittavat resurssit, osaaminen ja kyvykkyydet eivät ole yksittäisten toimijoiden hallussa tai hallittavissa. T&K-verkot voivat olla toimijoiden tarkoituksellisesti kokoamia, muodistua vapaasti toimijoiden havaitessa yhteiset intressit tai muodostua aikaisemmista verkostossa toimineiden toimijoiden sulautuessa tutkimaan ja kehittämään yhdessä. Tämä tutkimus keskittyy tarkoituksellisesti koottujen T&K-verkkojen tutkimus- ja kehitysverkkojen johtamiseen. Tämän tutkimuksen tavoitteena on kuvata, ymmärtää ja käsitteellistää: ensiksi, miten tutkimus- ja kehitysverkoissa johdetaan verkon muodostumisen ja varsinaisen tutkimus- ja kehitystoiminnan aikana, toiseksi mitä etuja tutkimus- ja kehitysverkon johtamisella on verkon toimijoille ja kolmanneksi, mitä haasteita tutkimus- ja kehitysverkon johtamisessa on ja kolmanneksi, T&K-verkkojen johtaminen kattaa tässä tutkimuksessa johtamisen prosessit ja johtamisen rooli. T&K-verkkojen johtamista tutkitaan kahdessa vaiheessa, ensiksi empiirisesti neljän (4) vertaisarvioidun tutkimuspaperin avulla. Tutkimuspaperit perustuvat yhden tapauksen pitkittäistutkimukseen T&K-verkoissa johtamisesta. Tapaustutkimuksessa tarkastellaan tapausta seuranta- ja historiatutkimuksen aikaperspektiivistä. Toiseksi, koska tutkimuspaperien julkaiseminen on ajoittunut vuosille 2005-2008, tulee niiden tuloksista johdettava kontribuutio verrata uudemman aikalaiskirjallisuuden kanssa. Tästä johtuen tutkimuksen toisessa vaiheessa on toteutettu järjestelmällinen kirjallisuuskatsaus vuosien 2004–2014 verkostojen johtamisen kirjallisuudesta. Sen jälkeen ja systemaattisen kirjallisuuskatsauksen vertailuun perustuen, keskustellaan tämän tutkimuksen tuloksista, jotka tukevat, kiistävät ja/tai esittävät yhä uusia tutkimustuloksia. Uusina tuloksia tämä tutkimus esittää T&K-verkkojen muodostumisen ja tuotekehitysyhteistyön johtamisen prosessin tarkastelujakson muutoksia. Toiseksi tutkimus esittää mallin T&K-verkkojen muodostumisen ja tuotekehitysyhteistyön aikaisen johtamisen mallin. Kolmanneksi tutkimus esittää T&K-verkkojen johtamisen roolien tyypittely ja analysointimallin. Lopuksi tutkimus esittää tutkimuksessa havaittuja T&K-verkkojen johtamisen etuja ja haittoja. Tämä tutkimus antaa suosituksia liikkeenjohtajille sekä tulevalle T&K-verkoissa tapahtuvan johtamisen tutkimukselle.

Submitted by PEDRO MESQUITA (pedrovmesquita@gmail.com) on 2016-01-26T13:59:53Z No. of bitstreams: 1 Dissertação MSc Pedro Mesquita.pdf: 333112 bytes, checksum: 19c620f913bea534bc0c66b9eab0c763 (MD5) / Approved for entry into archive by ÁUREA CORRÊA DA FONSECA CORRÊA DA FONSECA (aurea.fonseca@fgv.br) on 2016-01-27T18:52:08Z (GMT) No. of bitstreams: 1 Dissertação MSc Pedro Mesquita.pdf: 333112 bytes, checksum: 19c620f913bea534bc0c66b9eab0c763 (MD5) / Approved for entry into archive by Marcia Bacha (marcia.bacha@fgv.br) on 2016-02-01T11:55:48Z (GMT) No. of bitstreams: 1 Dissertação MSc Pedro Mesquita.pdf: 333112 bytes, checksum: 19c620f913bea534bc0c66b9eab0c763 (MD5) / Made available in DSpace on 2016-02-01T11:56:05Z (GMT). No. of bitstreams: 1 Dissertação MSc Pedro Mesquita.pdf: 333112 bytes, checksum: 19c620f913bea534bc0c66b9eab0c763 (MD5) Previous issue date: 2015-12-07 / Extant literature examined the benefits of relational embeddedness in facilitating collaboration between organizations, as well as the necessity of firms to balance their knowledge generation into exploration and exploitation activities. However, the effects of relational embeddedness in the specific outputs of firm-university collaborations, as well as the elements that affect the exploratory nature of such outcomes remain underexplored. By examining fine grained data of more than 4.000 collaborative research and development projects by a firm and universities, 5.000 patents, and 300.000 scientific publications, it was proposed that relational embeddedness would have a positive effect on resource commitment and on joint scientific publications, but a negative effect on joint patents and exploratory outcomes resulting of such collaborations. Additionally, it was proposed that knowledge similarity would have a negative impact in exploratory endeavors made in such projects. Although some of the propositions were not supported by the data, this study revealed that relational embeddedness increases resource commitment and the production of joint scientific publications in such partnerships. At last, this study presents interesting opportunities for future research. / A literatura existente examinou os benefícios de intensidade da relação como facilitador de colaborações entre organizações, assim como a necessidade de empresas balancearem a geração de conhecimento em ações exploratórias e de aplicação. Todavia, os efeitos da intensidade da relação nos resultados específicos das parcerias entre empresas e universidades, assim como os elementos que afetam a natureza exploratória desses resultados, permanecem subexplorados. Examinando dados detalhados de mais de 4.000 projetos de pesquisa e desenvolvimento em colaboração entre uma empresa e universidades, 5.000 patentes e 300.000 publicações científicas, foi proposto que a intensidade da relação teria um efeito positivo no investimento de recursos e na produção de artigos científicos conjuntos, porém um efeito negativo na geração de patentes conjuntas e nos empreendimentos exploratórios resultantes dessas colaborações. Adicionalmente, foi proposto que semelhança entre conhecimentos teria um efeito negativo nas iniciativas exploratórias realizadas nesses projetos. Apesar de algumas proposições não terem sido confirmadas pelos dados, esse estudo revelou que a intensidade da relação tem efeito positivo no investimento de recursos e na produção de artigos científicos conjuntos nessas parcerias. Por fim, o estudo apresenta oportunidades interessantes para pesquisas futuras.

Submitted by Rodrigo Gandara Donini (rodrigo_donini@hotmail.com) on 2017-07-14T13:47:18Z No. of bitstreams: 1 Rodrigo Donini - MSc Dissertation - SEO and R&D (final).pdf: 2015777 bytes, checksum: 7869c46f1444bbb7df5bf39a1e063107 (MD5) / Approved for entry into archive by ÁUREA CORRÊA DA FONSECA CORRÊA DA FONSECA (aurea.fonseca@fgv.br) on 2017-07-14T15:22:41Z (GMT) No. of bitstreams: 1 Rodrigo Donini - MSc Dissertation - SEO and R&D (final).pdf: 2015777 bytes, checksum: 7869c46f1444bbb7df5bf39a1e063107 (MD5) / Made available in DSpace on 2017-07-20T19:48:07Z (GMT). No. of bitstreams: 1 Rodrigo Donini - MSc Dissertation - SEO and R&D (final).pdf: 2015777 bytes, checksum: 7869c46f1444bbb7df5bf39a1e063107 (MD5) Previous issue date: 2017-06-14 / Building on previous research that discuss the role of the government in innovation (Mahmood & Rufin, 2005), and previous empirical research about the firm-level implications of having the state as a shareholder (Inoue, Lazzarini & Musacchio, 2013; Xu & Zhang, 2008; Zhou, Gao & Zhao, 2016), this study sheds light on the relationship between state equity ownership and the R&D expenses of the firms. Results of dynamic panel data models using a database of 5,042 firms from 63 countries and 67 industries, for the years 2010 to 2016, indicate that state equity ownership is positively associated with the R&D expenses of the firms. A 1% increase in state equity ownership is associated with a US$0.814 million increase in R&D expenses. The main contributions are empirical, given the cross-country and cross-industry nature of the database, and the novel measure for state equity ownership which is a sum of the participation of any type of state-run institution, instead of just the participation of the local government or the host government. The findings have implications for state-run institutions, for instance, in the sense that they give more resources for policy makers to decide how to foster innovation more efficiently, and also implications for firms since it gives more resources for managers to decide the most efficient way to execute innovative projects. / Com base em pesquisa que discute o papel do governo na inovação (Mahmood & Rufin, 2005) e pesquisas empíricas sobre implicações de ter o Estado como acionista nas empresas (Inoue, Lazzarini & Musacchio, 2013; Xu & Zhang, 2008; Zhou, Gao & Zhao, 2016), este estudo lança luz sobre a relação entre a participação societária estatal e os gastos em P&D das empresas. Resultados de modelos de painel dinâmico usando uma base de dados de 5.042 empresas de 63 países e de 67 setores, para os anos de 2010 a 2016, indicam que a participação societária estatal está positivamente associada com os gastos em P&D das empresas. Um aumento de 1% na participação societária estatal está associado a um aumento de US$0,814 milhão nos gastos em P&D. As principais contribuições são empíricas, dada a abrangência internacional e intersetorial da base de dados, além da nova medida de participação societária estatal, que é a soma da participação de qualquer tipo de instituição estatal, e não apenas a participação do governo local ou do governo anfitrião nas empresas. Os resultados têm implicações para instituições estatais, por exemplo, no sentido de prover mais informações para que os gestores públicos possam formular políticas de fomento à inovação mais eficientes, e também implicações para as empresas, uma vez que também disponibiliza mais informações para que os gestores possam decidir a maneira mais eficiente de implementar projetos inovadores.

Submitted by Cristiane Oliveira (cristiane.oliveira@fgv.br) on 2011-06-03T15:32:55Z No. of bitstreams: 1 66080100256.pdf: 1176091 bytes, checksum: fcc0a2692cf5fd1eb1a05eb610c446c2 (MD5) / Approved for entry into archive by Vera Lúcia Mourão(vera.mourao@fgv.br) on 2011-06-03T16:43:34Z (GMT) No. of bitstreams: 1 66080100256.pdf: 1176091 bytes, checksum: fcc0a2692cf5fd1eb1a05eb610c446c2 (MD5) / Approved for entry into archive by Vera Lúcia Mourão(vera.mourao@fgv.br) on 2011-06-03T16:57:44Z (GMT) No. of bitstreams: 1 66080100256.pdf: 1176091 bytes, checksum: fcc0a2692cf5fd1eb1a05eb610c446c2 (MD5) / Made available in DSpace on 2011-06-03T17:04:48Z (GMT). No. of bitstreams: 1 66080100256.pdf: 1176091 bytes, checksum: fcc0a2692cf5fd1eb1a05eb610c446c2 (MD5) Previous issue date: 2011-01-14 / After the deep financial crisis in 2008, there has been an increasing questioning of the Firm’s objectives and its relationship with the financial markets. There is a paradox between the current practice of maximizing financial short-term performance of organizations, demanded by financial agents to corporate executives, and the financial concept of valuation of the Firm, which considers Firm value as the present value of discounted future cash flows. Therefore, according to the maximizing value proposition the Firm's objective is to increase its long-term total value (Jensen, 2000). The primary function of marketing strategies, innovations (R&D investments) included, is to generate both growth and consistent long-term business, i.e. the expansion of intangible assets to generate tangible assets. Based on the conceptual framework of Market-based Assets (Srivastava, Shervani and Fahey 1998), this paper seeks to contribute to the subject by proposing simple metrics, the adjusted performance indexes of retail sector, the Customer Average Ticket (TMC) and the Customer Average Ticket Earnings (LTMC). These metrics could relate investments in marketing to the value of the Firm (shareholder value) through the variation in quality of the company's customer base, which is the source of revenue generation and part of the intangible assets. For empirical tests, this study used data from the following publicly companies listed in Bovespa (São Paulo Stock Exchange): Sadia and Perdigao, belonging to the food processing sector, in the period of 1999 to 2010, and also the air line companies TAM and Gol in the period of 2004 to 2010. The tests were inconclusive, due to certain data limitations, not allowing proving or ruling out the tested hypotheses. But the logical line and simplicity of the method should be explored by future studies. If the method could be confirmed and proven, it would provide all agents (marketing executives, CEOs and CFOs, market analysts and investors) with a simple and objective tool for analysis and way of communication about the value creation of Marketbased Assets (intangible assets) that impact the total Firm value. / Após a profunda crise financeira de 2008, houve um aumento do questionamento sobre os objetivos da Firma e a sua relação com os mercados financeiros. Existe um paradoxo entre a prática corrente de maximização da performance financeira de curto-prazo da organização, demandada pelos agentes financeiros aos executivos das empresas, e o próprio conceito financeiro de valoração da Firma., que considera como valor da Firma o valor presente dos fluxos de caixa futuros descontados. Portanto, segundo a proposição de maximização de valor, o objetivo da Firma é aumentar o seu valor total de longo prazo (JENSEN, 2000). É função primordial das estratégias de marketing, aí incluídos os investimentos em inovação (P&D), o objetivo de gerar crescimento e consistência de longo prazo do negócio, isto é, a ampliação dos ativos intangíveis para gerar ativos tangíveis. Norteado pela estrutura conceitual de Ativos base Mercado (SRIVASTAVA; SHERVANI; FAHEY, 1998), o presente trabalho busca contribuir para o tema, com uma proposição de métricas simples, adaptadas de índices de desempenho do setor varejo, o Ticket Médio Cliente (TMC) e o Lucro Ticket Médio Cliente (LTMC), que possam relacionar os investimentos em marketing e o valor da Firma através da variação da qualidade da base de clientes da empresa, que é a fonte de geração de receitas e parte dos ativos intangíveis. O estudo utilizou para os testes empíricos dados das seguintes empresas, com ações negociadas na Bovespa: Sadia e Perdigão, pertencentes ao setor de alimentos processados, de 1999 a 2010, e também as companhias aéreas TAM e Gol no período de 2004 a 2010. Os testes não foram conclusivos, devido a determinadas limitações dos dados, não permitindo provar ou descartar as hipóteses testadas. Porém a linha lógica e a simplicidade do método deveriam ser exploradas por estudos futuros, pois se confirmado e provado, forneceria uma ferramenta simples e objetiva de análise e comunicação por parte de todos os agentes envolvidos (executivos de marketing, diretores financeiros e presidentes, analistas de mercado e investidores), com relação à criação de valor de Ativos base Mercado (ativos intangíveis) que impactam o valor da Firma.

O presente trabalho pretende entender a dinâmica do gerenciamento de projetos no IPEN. Para tal, decidiu-se pela pesquisa junto a literatura acadêmica de modelos que pudessem servir de base e que após modificações e ajustes pudessem refletir a realidade dos projetos de Institutos Públicos Pesquisa & Desenvolvimento. Após tratamento estatístico dos dados algumas hipóteses foram validadas e demonstraram sua influência positiva no desempenho do gerenciamento do projeto, tais como a influência das pessoas que compõem as equipes, o efeito da liderança, dentre outras. O modelo, inclusive mostrou-se válido para explicar quais fatores são relevantes para o sucesso dos projetos. Um das principais objetivos, foi exatamente o uso de modelo de avaliação de gestão projetos, que fossem passíveis de validação estatística, e não utilizar um dos disponíveis no mercado, tais como P3M3 e OPM3, para que houvesse um controle e confirmação estatística dos resultados. Outro objetivo foi utilizar um modelo cujas assertivas refletissem a natureza dos projetos de Pesquisa & Desenvolvimento gerenciados pelos pesquisadores do IPEN. Aliás, as referidas assertivas foram formuladas, e enviadas via pesquisa web, e respondidas por praticamente uma centena de profissionais do IPEN, envolvidos com projetos de P&D. A presente dissertação, acrescida das recomendações, ao final, tem como proposta servir de contribuição para os trabalhos desenvolvidos pelo Escritório de Projetos do IPEN. O modelo de avaliação, contido neste trabalho, pode ser aplicado em outras Instituições de P&D brasileiras, para que avaliem a forma e a maneira como gerenciam os seus respectivos projetos. / This paper aims to understand the dynamics involved in the project management at IPEN. To reach this goal, the method chosen was research along with academic literature of models that could serve as a base that after modifications and adjustments could reflect the reality of projects from the Public Institute of Research & Development. After undergoing statistical treatment of the data, some hypotheses were validated and showed positive influence on the project management performance, such as the influence of people who make up the teams, the leadership effect, among others. In fact, the model was found to be valid in explaining which factors are relevant for the success of the projects. One of the main goals was exactly the use of the project management evaluation model, submitted to statistical validation and not to use one available on the market, such as the P3M3 and OPM3, in order to assure the statistical control and confirmation of the results. Another goal was to use a model whose statements reflected the nature of the Research & Development project managed by researchers at IPEN. In fact, the aforementioned statements were formulated and sent via a web survey and answered by almost one hundred IPEN professionals who work on R&D projects. The following dissertation, along with the recommendations at the end, was included to serve as contribution to work developed by the IPEN Project Offices. The evaluation model included in this paper can be applied in other R&D organizations in Brazil, to evaluate the way their projects are managed.

O consenso entre os organismos internacionais de cooperação para o comércio e para o desenvolvimento econômico está em reconhecer na capacidade de inovar a principal fonte para a promoção da produtividade nas organizações. Parte do esforço brasileiro de construção e desenvolvimento de um sistema nacional de inovação constituiu-se na criação de programas de incentivos fiscais, como forma de fazer avançar os investimentos em Pesquisa, Desenvolvimento & Inovação - P&D&I, provocando o setor privado a participar mais intensamente do processo de financiamento do desenvolvimento tecnológico. Uma década após a implementação do principal programa de incentivo fiscal à inovação no Brasil (Lei nº 11.196/05), é mister verificar se tais incentivos foram capazes de atingir os seus objetivos. A presente tese visa a avaliar: (i) qual a repercussão sobre os dispêndios com P&D&I da opção pela utilização dos incentivos fiscais concedidos pela Lei do Bem e (ii) quanto da renúncia fiscal, ou seja, dos créditos recebidos pelas empresas participantes deste programa, retornou em termos de investimentos em P&D&I ao longo do tempo. A metodologia empregada, propõe a estimação de um modelo empírico para os dispêndios em P&D&I, em que estes são explicados ora pela opção da empresa por utilizar os incentivos fiscais da Lei do Bem ora pela renúncia fiscal decorrente da utilização do mesmo programa, além de um conjunto de variáveis de controle associado às restrições de financiamento. Os testes estatísticos foram conduzidos para o agregado das companhias de capital aberto, registradas na BM&FBOVESPA em 2013, relativamente a seus desempenhos no período de 2008 a 2013. Os resultados, para dados em painel dinâmico, foram obtidos a partir do modelo GMM-System e apontam que a decisão de utilizar os incentivos fiscais da Lei do Bem está associada a um aumento nos dispêndios com P&D&I, ao longo do tempo. Assim sendo, para cada ponto percentual de aumento na propensão das companhias em optar pelo uso da Lei do Bem espera-se de 0,65 a 0,85 pontos percentuais de aumento em seus dispêndios com P&D&I. Por outro lado, o aumento de um ponto percentual na renúncia fiscal gera uma expectativa de aumento nos dispêndios com P&D&I das companhias, que pode variar de 0,26 a 0,40 pontos percentuais, ao longo do tempo / The consensus among international cooperation agencies for trade and economic development lies in recognizing in the ability to innovate the main source for promoting productivity in organizations. The Brazilian effort of construction and development of a national innovation system constituted the creation of tax incentive programs as a way to advance investments in Research, Development & Innovation - R&D&I, causing the private sector to participate more intensely financing process of technological development. A decade after the implementation of major tax incentive program for innovation in Brazil (Law nº. 11.196/05), it is necessary to verify that such incentives were able to achieve their goals. The present thesis aims at evaluating: (i) the impact on R&D&I expenditures of the option to use the tax incentives granted by the \"Lei do Bem\" and (ii) how much of tax waiver, that is to say, of the credits received by companies participating in this program, has returned in terms of R&D&I investments over time. The methodology to be used proposes the estimation of an empirical model for R&D&I expenditure, which are explained either by the company\'s option to use tax incentives of the \"Lei do Bem\" or by tax credits obtained due to the use of tax incentives program, in addition to a set of control variables associated with financing constraints. The statistical tests were conducted to the group of publicly traded companies listed on the BM & FBOVESPA in 2013, for their performances in the period 2008 to 2013. The results for the dynamic panel data were obtained from the GMM-System model and indicate that the decision to use the \"Lei do Bem\" tax incentives is associated with an increase in R&D&I expenditures over time. So that for each percentage point of increase in the propensity of companies to opt for the use of the \"Lei do Bem\", 0.65 to 0.85 percentage points of increase in R&D&I expenditures is expected. On the other hand, the increase of one percentage point in the tax waiver generates an expectation of increase in the R&D&I expenses of the companies, which can vary from 0.26 to 0.40 percentage points, over time

隨著經濟全球化的發展，創新創業在國際競爭的地位越來越重要，創新不僅是國家經濟增長的動力，也是企業長期競爭力的關鍵。我國創業投資在電子產業快速發展進程中，扮演緩解新創企業融資障礙的重要角色。近期各項經濟數據均顯示，伴隨國家產業創新政策，電子新創企業在研發投入過程中有嚴重的資源錯置問題。本研究以台灣創投投資電子產業之研發效率為例，研究結果證實電子新創企業於首次公開發行期間具研發效率不足現象，主要原因為企業致力於美化財報，提高資本支出以利當期產出反應高財務績效，而抑制研發投入作為上市（櫃）經營策略。 / Innovation activities have long been accredited by its crucial role to sustain continuous long-term economic growth. Recent studies nonetheless suggested severe problems of input misallocation associated with innovation investment. This research measures input misallocations of venture capital supported business and identified significant underinvestment of new ventures right before their initial public offerings (IPOs). This is because new ventures have the incentives to adjust the reported earnings by cutting the R&D investment that is supposed to cut the current expense but not to affect short-term operational performance in the market. Therefore, new ventures would typically incur underinvestment in innovation activities right before IPOs.

當管理策略的發展開始從既有的「純競爭策略」，逐漸轉變為一種陰陽相依、競合相倚的觀念時，這種「陰」與「陽」同時存在或交替出現的「競合策略」便成為管理學者爭相研究的焦點。然而，即使有關於競合的理論與研究不勝枚舉，但是能以知識為探討的立足點，來瞭解廠商間創新研發競合關係的研究並不多見。再者，過去有關區域創新或是產業聚落的研究，多半強調合作創新，顯少討論區域內的競爭。進一步而言，對於區域內廠商在創新研發方面同時「競合並存」的研究，特別是針對「競爭導向的合作」與「合作導向的競爭」兩種創新競合的情境下，廠商間的知識分享與知識保護的情形，更是付之闕如。因此，本研究的目的，即在回應這些文獻缺口，對於廠商在不同的創新研發「競合關係」情境下，其知識互動的實際作為，做一深入的探究。 本研究在研究方法上採用多重個案研究方法，以全球最著名的區域創新系統之一台灣中部地區的工具機群聚為主要的研究場域。在研究的過程中，以兩階段的深度訪談，針對中部地區的工具機暨零組件產業之競合關係進行瞭解，並找出兩個特殊的創新研發競合案例。進一步地，針對此兩案例中廠商的創新研發「競合關係」與知識互動的實際作為，做深入的比較與分析。 本研究經歸納彙整研究命題後，進一步得到以下結論： 一、第三方單位在區域內廠商之創新研發競合關係與知識互動中扮演重要的角色，包括中介協調、主動催生與管理計畫、技術移轉與檢測驗證等。 二、廠商在不同的「競合關係」情境下，會因營運範疇相似度的不同，而有不同的知識分享類型與交流管道。在營運範疇相似度高的情況下，會以基礎理論知識來進行分享，且以正式的討論會議為主要的知識交流管道；在營運範疇相似度度低的情況下，會以應用層面的技術知識進行分享，在知識交流的管道上不僅會有正式的討論會議，還會透過非正式的方式進行交流。 三、廠商在不同的創新研發「競合關係」情境下，會因未來競爭的可能性與營業秘密的考量，而採取不同的知識分享方式，包括選擇性分享、不願意分享以及主動進行分享等。 四、廠商在不同的創新研發「競合關係」情境下，儘管知識保護的緣由不同，都會以契約內的保密協議做為最主要的知識保護方式。 在學術研究方面，本研究不同於以往的文獻從「市場」或是「資源」的角度來探究「競合關係」，而是以創新研發中最根本的要素–「知識」，來探究創新研發的「競合關係」。其次，不僅瞭解到第三方單位是促成競爭廠商形成合作研發聯盟的重要推手，亦從廠商不同的競合情境下，其知識互動的作為，整理出「知識互動的影響因素」。因此，本研究在學術研究上做出以下的貢獻： 一、過往競合方面的研究，主要是以一般性的策略領域為主，本研究則特別針對廠商在「創新研發」上的「競合」行為來加以探討。 二、過往的競合理論對於市場與資源的定義不夠完整與明確，且認為市場與資源是分別影響競爭與合作的不同要素。本研究更細緻地以「知識」的層次來加以探討，發現「知識」對廠商間的競合行為有很大的影響；此外，知識層次的觀點亦會使市場與資源間的界限變得模糊。 三、過往的競合理論概括性地提出既競爭又合作的概念，本研究進一步地提供「競爭導向的合作」（競中帶合）與「合作導向的競爭」（合中帶競）兩種情境的實證研究結果。 四、過往的研究較少提出第三方單位在競合關係中扮演的角色，本研究藉由實證並提出區域內廠商在進行創新研發競合關係時，第三方單位的主要角色與重要性。 五、過往區域創新系統或產業群聚的研究以探討廠商間的合作為主，本研究再加入「競爭」的要素做為研究廠商創新研發「競合關係」的基礎。 整體而言，本研究將「競中帶合」與「合中帶競」做清楚的定義，進一步地以知識作為廠商進行創新研發競合的根本要素，並提出第三方單位的重要性。在實務上，提供知識互動的影響因素作為廠商進行競合與知識互動時的參考依據。 / Management strategy has gradually transformed from “pure competition” to the coexistence of competition and cooperation, also known as co-opetition, where “co-opetition strategy” has become a popular research focus for scholars who study management. Scholars, upon observing such trend where “peace” and “warfare”- or “yin” and “yang”- exists either at the same time or occurs alternatively, begin to add the “cooperative” element (yang) into the traditional concept of “competition” (yin). Although immense theories and researches on the concept of co-opetition exist, researches that attempt to reveal the co-opetition relationship in the realm of R&D and Innovation among firms from the standpoint of knowledge have been scarce. Regional Innovation Systems is a field full of cooperation and competition, yet past research mostly focused on cooperation and innovation instead of discussing the competition among firms in the region. That is, few researches focused on discussing the cooperation and competition coexisting at the same time in the realm of R&D and Innovation among firms. Moreover, researches that particularly discuss the situation of knowledge sharing and knowledge protection among firms from two R&D and Innovation co-opetition types of “Competition-dominated cooperation” and “Cooperation-dominated competition” relegate said situations to the category of things unknown. Therefore, this research aims to fill the gap in such literature by conducting deep explorations into knowledge interaction among firms in one region, particularly from two R&D and Innovation co-opetition types. This research adopts a multi-case study method while the main field of research focuses on one of the most renowned global Regional Innovation Systems: the machinery cluster in central Taiwan. During the process of the research, a two-stage, in-depth interview was conducted to understand the co-opetition relationship among the machine tool and component firms in the central Taiwan, and has identified two special case studies of R&D and Innovation co-operation. Furthermore, this research focus on the R&D and Innovation co-opetition relationship among firms and their practices of knowledge interaction in these two cases, and conducts in-depth comparisons and analysis. By conducting two-stage in-depth interviews, this study summarizes the research propositions and further obtains the following conclusions: 1.Third party plays an important role in R&D and innovation co-opetition knowledge interaction among firms in the same region, including the roles of intermediary coordination, taking the initiative to spawn and manage projects, and transferring, testing and verification of technology. 2.In different “co-opetition” types, the types of knowledge sharing and exchange channels among firms are different according to how similar they are in operational scope. In the case of high similarity in operational scope, basic and theoretical knowledge is shared, and formal meetings are the main channel of knowledge exchange. In the case of low similarity in operational scope, technical and applied knowledge is shared, and the channels of knowledge exchange do not only have formal meetings, but also communicate informally. 3.In different “R&D and innovation co-opetition” types, firms will take different approaches in sharing knowledge (either being selective, not willing, or actively sharing) due to future competition possibilities and trade secrets. 4.Firms differ in their reasons for knowledge protection in different “R&D and innovation co-opetition” types, but will mostly rely on confidential agreements within their contracts as the main measure for knowledge protection. While past academic research mostly explores "co-opetition relationship" from the perspective of "market" or "resource", this research explores R&D and innovation co-opetition with the most essential element, “knowledge”. Not only is it understood that third-party units are important promoters of competitive firms in forming R&D alliances, "the influencing factors of knowledge interaction" from the perspective of their knowledge interaction under different co-opetition types is concluded. Therefore, this research aims to produce the following contributions in the academic field: 1.Past co-opetition researches mostly focus on generic and strategical fields, this research focuses particularly on bahviors of “co-opetition in R&D and innovation” among firms. 2.Past co-opetition theories’ definitions on markets and resources are insufficient and imprecise, for they describe markets and resources as different factors that affect competition and cooperation. This research offers a finer exploration from the aspect of “knowledge”. This research finds that “knowledge” has an immense impact on co-opetition behaviors. In addition, the knowledge-level viewpoint further blurs the boundary between markets and resources. 3.Past co-opetition theories offered the generic concept of simultaneous competition and cooperation This research further provides empirical research results of two scenarios: "competition-dominated cooperation" and "cooperation-dominated competition". 4.Past researches seldom discuss the role that third parties play in co-opetition. This research states the importance of third parties in the firms’ “co-opetition relationships” through empirical evidence when it comes to R&D and innovation in the region. 5.Past researches of regional innovation systems or clusters primarily focus on cooperation between firms, this research adds the factor of “competition” as a research basis for understanding firms’ co-opetition relationships in and R&D and innovation. Overall, this research clearly defines "competition-dominated cooperation" and "cooperation-dominated competition", and views “knowledge” as a fundamental element of R&D and innovation co-opetition, putting forward the importance of third-party units. In practice, provide the influential factors of knowledge interaction as a reference for firms to conduct co-opetition and knowledge interaction.