Innovation and financial performance of brazilian companies: A statistical study period 2009 to 2013

We look at innovation returns in two groups of companies set in Brazil. One group includes innovative companies, referred as 3i’s companies (Innoscence Innovation Index) and listed in the Stock Exchange Values of São Paulo – BOVESPA. The other group is referred as Not 3i’s companies, also listed in...

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Detalles Bibliográficos
Autores: Rodrigues, Leonel Cezar, Canela, Renata, Cassol, Alessandra, Alencar, Vanessa, da Silva, Jussara Goulart
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2016
País:Brasil
Institución:Centro Universitário de Belo Horizonte (UNIBH)
Repositorio:Revista e-xacta
Idioma:portugués
OAI Identifier:oai:ojs.periodicos.uninove.br:article/6102
Acceso en línea:https://periodicos.uninove.br/exacta/article/view/6102
Access Level:acceso abierto
Palabra clave:Innovation
innovation and financial performance
return on innovation
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spelling Innovation and financial performance of brazilian companies: A statistical study period 2009 to 2013Innovationinnovation and financial performancereturn on innovationWe look at innovation returns in two groups of companies set in Brazil. One group includes innovative companies, referred as 3i’s companies (Innoscence Innovation Index) and listed in the Stock Exchange Values of São Paulo – BOVESPA. The other group is referred as Not 3i’s companies, also listed in Sao Paulo’s BOVESPA. We first did a descriptive and then a regression analysis of performance indicators - net margin, asset profitability, return on equity and on invested capital, with data from companies classified as 3i’s and Not 3i’s in Economatica Report, limited to the period of 2009 to 2013. Results indicate that significant correlation appears between innovation and invested capital (ROI) returns on equity and on assets, as well, for 3i’s companies, as hypothetically projected. Net margin, however, is lower for 3i’s, than for Not 3i’s companies showing that restrained gains in 3i’s companies may be due to higher costs of internal innovation.Universidade Nove de Julho - UNINOVE2016-03-23info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://periodicos.uninove.br/exacta/article/view/610210.5585/exactaep.v13n3.6102Exacta; v. 13 n. 3 (2015): (Set-Dez); 427-4381983-93081678-5428reponame:Revista e-xactainstname:Centro Universitário de Belo Horizonte (UNIBH)instacron:UNIBHporhttps://periodicos.uninove.br/exacta/article/view/6102/3118info:eu-repo/semantics/openAccessRodrigues, Leonel CezarCanela, RenataCassol, AlessandraAlencar, Vanessada Silva, Jussara Goulart2018-10-10T18:32:20Zoai:ojs.periodicos.uninove.br:article/6102Revistahttps://revistas.unibh.br/dcet/PUBhttps://revistas.unibh.br/dcet/oaiexacta@unibh.br||periodicosdeminas@gmail.com1984-31511984-3151opendoar:2018-10-10T18:32:20Revista e-xacta - Centro Universitário de Belo Horizonte (UNIBH)false
dc.title.none.fl_str_mv Innovation and financial performance of brazilian companies: A statistical study period 2009 to 2013
title Innovation and financial performance of brazilian companies: A statistical study period 2009 to 2013
spellingShingle Innovation and financial performance of brazilian companies: A statistical study period 2009 to 2013
Rodrigues, Leonel Cezar
Innovation
innovation and financial performance
return on innovation
title_short Innovation and financial performance of brazilian companies: A statistical study period 2009 to 2013
title_full Innovation and financial performance of brazilian companies: A statistical study period 2009 to 2013
title_fullStr Innovation and financial performance of brazilian companies: A statistical study period 2009 to 2013
title_full_unstemmed Innovation and financial performance of brazilian companies: A statistical study period 2009 to 2013
title_sort Innovation and financial performance of brazilian companies: A statistical study period 2009 to 2013
dc.creator.none.fl_str_mv Rodrigues, Leonel Cezar
Canela, Renata
Cassol, Alessandra
Alencar, Vanessa
da Silva, Jussara Goulart
author Rodrigues, Leonel Cezar
author_facet Rodrigues, Leonel Cezar
Canela, Renata
Cassol, Alessandra
Alencar, Vanessa
da Silva, Jussara Goulart
author_role author
author2 Canela, Renata
Cassol, Alessandra
Alencar, Vanessa
da Silva, Jussara Goulart
author2_role author
author
author
author
dc.subject.por.fl_str_mv Innovation
innovation and financial performance
return on innovation
topic Innovation
innovation and financial performance
return on innovation
description We look at innovation returns in two groups of companies set in Brazil. One group includes innovative companies, referred as 3i’s companies (Innoscence Innovation Index) and listed in the Stock Exchange Values of São Paulo – BOVESPA. The other group is referred as Not 3i’s companies, also listed in Sao Paulo’s BOVESPA. We first did a descriptive and then a regression analysis of performance indicators - net margin, asset profitability, return on equity and on invested capital, with data from companies classified as 3i’s and Not 3i’s in Economatica Report, limited to the period of 2009 to 2013. Results indicate that significant correlation appears between innovation and invested capital (ROI) returns on equity and on assets, as well, for 3i’s companies, as hypothetically projected. Net margin, however, is lower for 3i’s, than for Not 3i’s companies showing that restrained gains in 3i’s companies may be due to higher costs of internal innovation.
publishDate 2016
dc.date.none.fl_str_mv 2016-03-23
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://periodicos.uninove.br/exacta/article/view/6102
10.5585/exactaep.v13n3.6102
url https://periodicos.uninove.br/exacta/article/view/6102
identifier_str_mv 10.5585/exactaep.v13n3.6102
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://periodicos.uninove.br/exacta/article/view/6102/3118
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Universidade Nove de Julho - UNINOVE
publisher.none.fl_str_mv Universidade Nove de Julho - UNINOVE
dc.source.none.fl_str_mv Exacta; v. 13 n. 3 (2015): (Set-Dez); 427-438
1983-9308
1678-5428
reponame:Revista e-xacta
instname:Centro Universitário de Belo Horizonte (UNIBH)
instacron:UNIBH
instname_str Centro Universitário de Belo Horizonte (UNIBH)
instacron_str UNIBH
institution UNIBH
reponame_str Revista e-xacta
collection Revista e-xacta
repository.name.fl_str_mv Revista e-xacta - Centro Universitário de Belo Horizonte (UNIBH)
repository.mail.fl_str_mv exacta@unibh.br||periodicosdeminas@gmail.com
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