Examining the relationship between patent applications and financial positions in the upstream Oil and Gas Industry: evidence from Brazil
With the discovery of the Pre-Salt reserves, exploration of oil and gas is being strongly extended in Brazil, contributing to the recent increase of the demand for drilling capabilities. This paper discusses the impact of this oil discovery by assessing the relationship among the growth of proven re...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Universidade do Porto, Faculdade de Engenharia (FEUP)
2021-02-01
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| Series: | Journal of Innovation Management |
| Subjects: | |
| Online Access: | https://journalsojs3.fe.up.pt/index.php/jim/article/view/475 |
| _version_ | 1827766811410563072 |
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| author | Fábio de Oliveira Paula Gabriel Marcuzzo do Canto Cavalheiro |
| author_facet | Fábio de Oliveira Paula Gabriel Marcuzzo do Canto Cavalheiro |
| author_sort | Fábio de Oliveira Paula |
| collection | DOAJ |
| description | With the discovery of the Pre-Salt reserves, exploration of oil and gas is being strongly extended in Brazil, contributing to the recent increase of the demand for drilling capabilities. This paper discusses the impact of this oil discovery by assessing the relationship among the growth of proven reserves, the financial position of firms, and patent applications in the Brazilian upstream oil and gas industry. We provide empirical evidence indicating that firms with a lower financial performance prior to the pre-salt discovery were more aggressive in increasing the number of patent filings addressing technologies of the upstream oil and gas domain. |
| first_indexed | 2024-03-11T11:50:21Z |
| format | Article |
| id | doaj.art-fd0e60c585a94e15b83a59c42225636c |
| institution | Directory Open Access Journal |
| issn | 2183-0606 |
| language | English |
| last_indexed | 2024-03-11T11:50:21Z |
| publishDate | 2021-02-01 |
| publisher | Universidade do Porto, Faculdade de Engenharia (FEUP) |
| record_format | Article |
| series | Journal of Innovation Management |
| spelling | doaj.art-fd0e60c585a94e15b83a59c42225636c2023-11-09T10:39:25ZengUniversidade do Porto, Faculdade de Engenharia (FEUP)Journal of Innovation Management2183-06062021-02-01847810210.24840/2183-0606_008.004_0005380Examining the relationship between patent applications and financial positions in the upstream Oil and Gas Industry: evidence from BrazilFábio de Oliveira Paula0Gabriel Marcuzzo do Canto Cavalheiro1School of Business, Pontifical Catholic University, Rio de JaneiroDepartment of Entrepreneurship and Management, Universidade Federal Fluminense, Rio de JaneiroWith the discovery of the Pre-Salt reserves, exploration of oil and gas is being strongly extended in Brazil, contributing to the recent increase of the demand for drilling capabilities. This paper discusses the impact of this oil discovery by assessing the relationship among the growth of proven reserves, the financial position of firms, and patent applications in the Brazilian upstream oil and gas industry. We provide empirical evidence indicating that firms with a lower financial performance prior to the pre-salt discovery were more aggressive in increasing the number of patent filings addressing technologies of the upstream oil and gas domain.https://journalsojs3.fe.up.pt/index.php/jim/article/view/475nt2 patentnt1 innovationoil industrynt1 performance measurement |
| spellingShingle | Fábio de Oliveira Paula Gabriel Marcuzzo do Canto Cavalheiro Examining the relationship between patent applications and financial positions in the upstream Oil and Gas Industry: evidence from Brazil Journal of Innovation Management nt2 patent nt1 innovation oil industry nt1 performance measurement |
| title | Examining the relationship between patent applications and financial positions in the upstream Oil and Gas Industry: evidence from Brazil |
| title_full | Examining the relationship between patent applications and financial positions in the upstream Oil and Gas Industry: evidence from Brazil |
| title_fullStr | Examining the relationship between patent applications and financial positions in the upstream Oil and Gas Industry: evidence from Brazil |
| title_full_unstemmed | Examining the relationship between patent applications and financial positions in the upstream Oil and Gas Industry: evidence from Brazil |
| title_short | Examining the relationship between patent applications and financial positions in the upstream Oil and Gas Industry: evidence from Brazil |
| title_sort | examining the relationship between patent applications and financial positions in the upstream oil and gas industry evidence from brazil |
| topic | nt2 patent nt1 innovation oil industry nt1 performance measurement |
| url | https://journalsojs3.fe.up.pt/index.php/jim/article/view/475 |
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