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Brazil invests, on average, 1% of GDP in science and technology

Brazil invests, on average, 1% of GDP in science and technology

according to Report According to the latest version of the Ministry of Science, Technology and Innovation (MCTI), published earlier this year, in 2019 Brazil invested about 89.5 billion reais in the science and technology sector. A value corresponding to only 1.21% of GDP. For comparison, countries like Germany and the United States invested more than 3% of their GDP in the same year.

Photo: Macke Consulting Collection / DINO

In the relative distribution of state government expenditures, São Paulo was the most invested state in the region, followed by Rio de Janeiro and Parana. Also according to the report, the states with the lowest rates of research and development (R&D) and science and technology (S&T) are Tocantins, Rondônia, and Acre.

The low level of investment was a topic of discussion at a meeting promoted by the Senate Committee on Science and Technology, on July 14. secondly Senate Agency InformationSeveral participants in the discussion emphasized that the current leadership of the Ministry of Science and Technology has a commitment to the region, but also claimed that this commitment does not exist in other sectors of government.

Minister of the Ministry Paulo Alvim announced during the meeting that the goal is to increase investments in the region to 2% of GDP, but for this to happen, the new National Science and Technology Policy and the new National System for Science, Technology and Innovation (SNCTI), which will remain on display.

Investment and innovation specialist and partner in Mac ConsultingAndrei Moreau Maisky comments that the state can better develop its scientific and innovative potential, which, according to him, is still underused. “The MCTI report indicates that the private sector accounts for half of the investments in R&D in Brazil, but if we reflect that many entrepreneurs view investments in research, science and technology with trepidation due to the risks inherent in them and the possibility that they will not perform as well as more conservative investments, such as those being Conducted in machinery and equipment in industrial and logistic modernization projects, we have a large number of organizations that end up choosing a policy with greater certainty, leaving aside the opportunity for technological development, increasing their productivity and maximizing gains”, comments Maieski.

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UNESCO, in its most recent report on the subject, identified this need when it stated that Brazil’s investment in research and development has declined in recent years, and that companies are registering fewer patents. In the post, related aspects such as research on Zika, the emergence of wind energy and other technologies were emphasized, but, on the other hand, it was stated that strategic and integrated plans for innovation had few social and economic goals, nor environmental – something that was considered Already a strong point in Brazilian politics. Andrei comments that these perceptions occurred due to the repercussions of declining numbers of the economy, which affected the contribution of public entities that make investments in innovation in the country viable, such as: CAPES, FINEP and even BNDES, as they had reduced the budget due to the existing tax challenges in the country.

In order to understand the perception of citizens and to enhance the interaction between society and public administration, MCTI Make public consultation available For the population, allowing opinions about science, technology and innovation and can contribute to this sector in the country. The forecast, according to Maisky, is that with the participation of the population, in the next four years, investment in technology and science may increase, reaching at least 1.5% of GDP. “Technology is a powerful catalyst for economic growth in a country, so it is necessary to invest in fronts that take into account the desires of the population and the reliance on the support of the population can be a determining factor in increasing these investments incrementally. And well-targeted,” concludes Andrew.

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To find out more, go to: https://www.mackeconsultoria.com.br/