"Innovation systems and policy: Not only for the rich?"

"Innovation systems and policy: Not only for the rich?" Working Papers in Technology Governance and Economic Dynamics, The Other Canon Foundation, Norway, and Tallinn University of Technology, WP No. 42. July.

http://technologygovernance.eu/files/main/2012071005451212.pdf (724kb)


This article argues that the conditions for innovation by and for the poor have changed considerably in the last four decades in ways that can be related to the paradigm shift in technology and to the resulting changes in behaviour of the major corporations. It suggests that innovation studies and evolutionary economics should consciously and constantly pursue an understanding of such changes by fully incorporating history in the interdisciplinary mix. In essence it holds that evolutionary thinking needs to strike an appropriate balance between universal and changing truths, especially when studying innovation with a view to making policy recommendations.

Table of Contents:

1. Looking at the question
Going further in confronting neoclassical economics
Changing answers to the same question
Changing context; redefining problems
2. The paradigm shift and its effects on the conditions of innovation for and by the poor (and the weak)
ICT, Innovation and market access by small firms in any country
Flexible production and global networks
Natural resources: curse or opportunity?
The environmental challenges as guide to innovation
The knowledge society and quality of life
3. The big MOVING picture
4. Does (should) evolutionary economics also evolve?
The balance between permanent and changing truths
The challenges of the present moment in history 


Published 2002

'...the book fills an important gap in the literature on business cycles and innovations. I most strongly commend it to all those attempting to understand the past and future evolution of technology and the economy.'

Christopher Freeman, Emeritus Professor, SPRU,
University of Sussex, UK

'...Carlota Perez shows us that historically technological revolutions arrive with remarkable regularity, and that economies react to them in predictable phases. Her argument provides much needed perspective not just on history, but on our own times. And especially on our own information revolution.'

W. Brian Arthur, Santa Fe Institute, New Mexico

‘For contents page, selected extracts and further details, click here’.

Technological Revolutions Financial bubbles Installation Period Frenzy Deployment Period Golden Ages Dual strategy Techno‑economic paradigms Neo‑Schumpeterian Respecialization Synergy Turning Point Future markets Knowledge society Green growth Maturity Full global development Globalization Sustainability Socio‑economic development Paradigm shifts Irruption Market hyper‑segmentation