A política pública de inovação tecnológica e a cooperação universidade-empresa: revisitando a teoria da agência

Abstract

The research was based on the premise that the existence of a separation between ownership and control of capital in university-company technological cooperation causes the emergence of agency conflicts among the participants. The scope of this paper is to investigate whether Law 11.196, of November 21, 2005, called the Lei do Bem, which promotes technological innovation in the country, has sufficient incentives to solve existing agency conflicts in technological cooperation between universities and companies. The bibliographic analysis made it possible to confirm that in this type of university-company relationship, as a rule, there are conceptual elements worked on by the Agency Theory. Thus, the contributions of the Agency Theory are used to analyze the technological cooperation encouraged by the Lei do Bem. The study follows an exploratory, analytical, empirical, argumentative and propositive methodology. In conclusion, the Lei do Bem does not have an incentive system capable of aligning the interests between university and company. The law provides incentives for the company, but not for the university. The Lei do Bem must be rethought, therefore, to include new structures of incentives and controls between the parties of technological cooperation.