Since the 1970's the loss of industrial output share of Sao Paulo Metropolitan Area relative to Brazil's industrial output has been explained by a process of "reversal polarization". This article aims to analyze the catching up effect of variables of productive efficiency, such as technological...

Technological change and innovation is now playing an important role in economic growth. In this framework, investigations towards financial system role in financing technological change and innovation are important contributions to comprehend sources of economic growth. Financing innovation...