The Reading Warehouse

Fishlow and Vieira Filho tackle the theme of innovation from various angles. They contrast the relationship between state involvement and the private sector in key parts of the Brazilian economy and compare agricultural expansion with growth in the oil and aviation sectors. Fishlow and Vieira Filho argue that modern agriculture is a knowledge-intensive industry and its success in Brazil stems from public institution building. They demonstrate how research has played a key role in productivity growth, showing how prudent innovation policies can leverage knowledge not only within a particular company but also across whole sectors of the economy. The book discusses whether and how Brazil can serve as a model for other middle-income countries eager to achieve higher growth and a more egalitarian distribution of income. An important contribution to comparative, international, and development economics, Agriculture and Industry in Brazil shows how the public success in agriculture became a prototype for advance elsewhere.