TY - JOUR AU - Sicsú, João AU - Albuquerque, Eduardo da Motta e PY - 2002/04/01 Y2 - 2024/03/29 TI - The role of a special insurance agency for loans in Brazil JF - Brazilian Journal of Political Economy JA - BJPE VL - 22 IS - 2 SE - DO - 10.1590/0101-31572002-1009 UR - https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/938 SP - 316-333 AB - <p>This paper suggests a Special Insurance Agency (SIA) for the financing of innovative investments. The objective of this Agency is to establish a link between the banking system and the innovation system. This paper evaluates the Brazilian banking system and the national system of innovation and suggests an institutional innovation. This Special Insurance Agency would support an increase in the amount of private resources allocated to the financing of innovative activities, both for established firms and for new firms. This Special Insurance Agency might rearrange the division of labor among the institutions of the Brazilian system of innovation.</p><p><strong>JEL Classification:</strong> G2; O3.</p> ER -