The Proximity between Academy, Industry and Government: Towards a More Sustainable Development of a Brazilian Oil Region

Collaboration between actors of Triple Helix can be identified as the basis for the development of main regions of innovation around the world. The model of interaction between Government, Academia and Industry is facing challenges for a better and greater transfer of knowledge, technology and innovation from universities to society and business. This article discusses the interactions of the Triple Helix actors for the technological development of oil and gas industry in Brazil. The study presents the current state of Triple Helix interactions in the sector and discusses the impact of physical and managerial distance between the institutions. We conclude by stating that current efforts to develop a “Triple Helix Region” must go beyond the goals of increasing technology to local industry. A long-term sustainable strategy must also be developed.