Abstract
This paper assesses the relationships between patents and banking variables. The main feature of the paper is the use of micro-data for quantitative and qualitative analyses that deal with financial and innovation variables at the level of municipalities. Drawing upon a Logit Model, the paper states that the probability of a municipality having high or low quantity of patents varies according to the higher or lower presence of banking variables such as bank access, credit, demand deposits and local insertion in the banking activity. The results generally point out to a positive relationship between innovation and financial variables and also show that the high concentration of the financial and technological variables is responsible for a strong interaction between innovation, credit, and space.References
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