Políticas Públicas De Inovação: Breve Estudo Sobre Os Marcos Conceituais, Desafios E Suas Perspectivas No Brasil

Abstract

We sought to verify whether the SME's IPO allowed an advantage in the crisis year of 2020.What (i) are the common features in the ownership and capital structure of companies listed in 2020 and (ii) how their performance in the stock market behaved. We selected 11 companies with initial offerings in 2020 and compared their performance with those in the B3 SMLL index.We conclude that companies took advantage of the stock market and reinforced their cash by R$5.9 billion, which brought the advantage of business continuity, in a year in which there was credit restriction, cash destined to reinforce working capital or for good acquisition growth opportunities were taken advantage of. It brought the benefit of financial deleveraging,