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Abstract(s)
Atualmente, estamos inseridos num ambiente global altamente competitivo, onde a
capacidade de destaque, através da inovação, é crucial para o sucesso das instituições. No
entanto, o processo de inovação apresenta-se como um desafio complexo e com múltiplas
facetas, o que dificulta a sua medição e quantificação. Além disso, os efeitos que o
investimento em inovação tem na rendibilidade das empresas variam na literatura,
evidenciando a necessidade de mais estudos nesta área.
O principal objetivo da presente dissertação consiste no estudo da inovação e desempenho
financeiro empresarial, caso das PME Portuguesas, de forma a analisar a possível ligação
entre o investimento em inovação e a rendibilidade das empresas em Portugal.
Este estudo focou-se nas PME Portuguesas, dado que, de acordo com os dados fornecidos
pelo IAPMEI, neste momento existem mais de 1 400 000 PME Portuguesas
representando 99,9% do tecido empresarial Português.
Dada a complexidade em medir a inovação empresarial, a investigação foi conduzida com
base nos investimentos realizados em ativos intangíveis. Já para a medição do
desempenho financeiro, utilizou-se a rendibilidade do ativo e a rendibilidade do capital
próprio.
Para este estudo, foi recolhida informação através da base de dados SABI, referente a
56 383 PME Portuguesas, no período de 2016 a 2023.
Os resultados demonstraram que as despesas com inovação podem apresentar um impacto
negativo no desempenho financeiro das PME Portuguesas, a curto prazo.
We are currently living in a highly competitive global environment where the ability to stand out through innovation is crucial to the success of organisations. However, the innovation process is a complex and multi-faceted challenge, which makes it difficult to measure and quantify. Furthermore, the effects that investment in innovation has on company profitability vary in the literature, highlighting the need for more studies in this area. The main aim of this dissertation is to analyse business innovation and financial performance in the case of Portuguese SMEs. It analyses the possible link between investment in innovation and the financial profitability of companies in Portugal. This study focused on Portuguese SMEs, since according to data provided by IAPMEI, there are currently more than 1 400 000 Portuguese SMEs representing 99,9% of the Portuguese business fabric. Given the complexity of measuring business innovation, the research focused on investments made in intangible assets. To measure financial performance, return on assets and return on equity were used. For this study, information was collected from the SABI database on 56 383 Portuguese SMEs for the period 2016 to 2023. The results showed that spending on innovation can have a negative impact on the financial performance of Portuguese SMEs,in the short term.
We are currently living in a highly competitive global environment where the ability to stand out through innovation is crucial to the success of organisations. However, the innovation process is a complex and multi-faceted challenge, which makes it difficult to measure and quantify. Furthermore, the effects that investment in innovation has on company profitability vary in the literature, highlighting the need for more studies in this area. The main aim of this dissertation is to analyse business innovation and financial performance in the case of Portuguese SMEs. It analyses the possible link between investment in innovation and the financial profitability of companies in Portugal. This study focused on Portuguese SMEs, since according to data provided by IAPMEI, there are currently more than 1 400 000 Portuguese SMEs representing 99,9% of the Portuguese business fabric. Given the complexity of measuring business innovation, the research focused on investments made in intangible assets. To measure financial performance, return on assets and return on equity were used. For this study, information was collected from the SABI database on 56 383 Portuguese SMEs for the period 2016 to 2023. The results showed that spending on innovation can have a negative impact on the financial performance of Portuguese SMEs,in the short term.
Description
Keywords
Inovação Desempenho financeiro PME portuguesas Ativos intangíveis Innovation Intangible asse Financial performance Portuguese SMEs