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Research FocusThe paper describes the application of a results-oriented innovation approach which has been successfully applied to a numberof projects as illustrated in the case studies presented in the paper.The innovation approach is based on the “Lei do Bem” but it is applied in such a fashion to maximize the R&D benefits andoutcomes for companies operating in Brazil. The specific value proposition of the proposed innovation approach is to promoteR&D at very low risk for mining companies that require innovation to expand their markets and their competitivety, benefitingfrom the tax incentive and the innovation resources provided by the government.Findings and AnalysisThe paper includes the brief overview of two recent success cases is provided here, where the proposed innovation approachabove has been applied and validated within the Brazilian mining sector. The first case refers to a mining services company inBrazil and the second example is an industrial minerals company with an opportunity to launch a new product, using a newmineral processing route.Contributions and CommentsThe paper proposes a new approach for supporting winning innovation projects with the objective of encouraging mining companiesto further exploit the R&D benefits provided by the local government.Because most mining companies are taking up ambitious growth programmes, the authors strongly believe that a strong focuson continuous improvement and operational savings activities is required. Such growth plans will be maximized through thedefinition of structured, results-oriented innovation strategies and implementation approaches.References- Marceau, J. (2007). “The knowledge tree: CSIRO in Australia’s innovation systems”. Innovation- Management, Policy & Practice. Volume 9, Issue 2, September 2007. eContent Management Pty Ltd. pp 98–112.- Global Economics Ltd (2001). “Mining Innovation: An overview of Canada’s dynamic, technologically advanced mining industry”.The Mining Association of Canada, November 2001.- Brazilian Ministry of Science and Technology (2010). Website: http://www.mct.gov.br, accessed in 28 June 2010.- KPMG (2010). “Special Report: Focus on Tax”. Website: www.CompetitiveAlternatives.com, accessed in 10 April 2010.Madrid, October 20, 21 & 22 - 201076