Comparison between Brazil and the 30 Most Innovative Countries in the World

Abstract

Innovation can be defined as the implementation of a new or significantly improved product (good or service), or a process, a new marketing method, a new organizational method in business practices, workplace organization, or external relations. This innovation can be measured by several factors such as investments in research and development, the concentration of high-tech companies traded on the stock exchange, among others. The present study aims to perform a cluster analysis to investigate the behavior of the most innovative countries compared to Brazil. The study contemplates a historical series from the years 2012 to 2015 of the 30 most innovative countries in the world having been added to Brazil. In addition, a series of macroeconomic, political and social variables are considered.