Technological Order as A Instrument to Incentive R&D+I Activities

Perspectives and Possibilities for Regulatory Agencies

Abstract

In contemporary capitalism, the use of government spending can be oriented to stimulate demand and investment. Among the instruments of action of the State is the technological order, whose mechanism is deliberated by the public sector to hire institutions and companies to carry out research linked to the solution of problems. This work aims to provide an overview of the possibility of regulatory agencies - notably the National Oil, Gas and Biofuels Agency (ANP) foresee the use of technological orders in the execution of mandatory investments in Research, Development and Innovation (R & D + I) regulated companies. To this end, a literature review was carried out in the fields of Economics of Innovation, and Public Administration. The results made it possible to identify dimensions of analysis in order to carry out a study on the possibilities of using technological orders to meet the R&D+I investment obligation of the National Petroleum, Gas and Biofuels Agency (ANP). Among the five dimensions of analysis, it seems to us that two are more sensitive to the discussion, namely: price and types of allowable expenses. It is recommended that efforts be made, as performed by ANEEL, to incorporate new instruments to support innovation in their R&D+I programs, such as technological orders.