“Mapping of Areas that Foster Innovation Abroad” Series
The mapping of areas that foster innovation abroad, which encompasses innovation ecosystems and mechanisms that support innovative companies, should be the first step when Brazilian technology-based enterprises want to start their process of internationalization. Getting acquainted with this information is essential to draft up an international expansion plan and even to the validation of a business model in foreign markets.
The choice of a foreign market depends on the kind of support and other benefits that a startup company or even a established tech company has access to. In this decision-making process,, the Brazilian companies need to understand the applicable legislation, institutional or market barriers, support from science and tech parks or other areas of Innovation in the target market. The “Mapping of Areas that Foster Innovation Abroad” series aims at providing Brazilian innovative businesses and innovation centers with that information. The material is made available by the Science, Technology and Innovation Sections (https://www.gov.br/mre/en/subjects/science-technology-and-innovation/science-technology-and-innovation-sections-sectecs) of the Ministry of Foreign Affairs.