The Brazilian Congress enacted the Technological Innovation Act,
Law No. 10.973/04 on December 2, 2004, which creates incentives for
scientific and technological innovation in a productive
environment. The new law, seeking Brazil's technological
autonomy, establishes special measures for technological
development. Among the measures contemplated in the law are support
for the establishment of strategic alliances and the development of
cooperation projects involving Brazilian companies.
Specifically, the law creates several tools in order to allow,
among others, the sharing of laboratories among very small and
small companies, the participation of the federal government in the
stock capital of companies aiming at developing scientific projects
as a way of injecting money in such enterprises, differentiated
remuneration system for public employees who participate in such
researches, a guaranteed minimum of 5% of the royalties on the
profit for the inventor, partnerships