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Inadequacy of technology and innovation systems at the periphery: notes on Celso Furtado's contributions for a dialogue between evolutionists and structuralists

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  • Eduardo da Motta e Albuquerque

    (Cedeplar-UFMG)

Abstract

This paper focuses on "inadequacy of technology" as formulated by Celso Furtado. The concept of "inadequacy of technology" may be, on the one hand, an enlightening assessment of the technological condition of underdevelopment and, on the other hand, a helpful "focusing device" for an agenda on innovation systems at the periphery. Furtado's approach on inappropriate technology may uncover the social roots of the well know "low-growth trap" of less-developed economies. Celso Furtado explains how inadequacy of technology is related to the polarization "modernization-marginalization" that characterizes economies with immature systems of innovation, as the Brazilian economy. This concept also highlights how difficult it is to overcome the complex interplay among unequal income distribution, localized and blocked technical progress and unsustainable economic growth. To overcome the inadequacy of technology a dual institutional building seems to be necessary: the innovation systems might co-evolve with welfare systems.

Suggested Citation

  • Eduardo da Motta e Albuquerque, 2005. "Inadequacy of technology and innovation systems at the periphery: notes on Celso Furtado's contributions for a dialogue between evolutionists and structuralists," Textos para Discussão Cedeplar-UFMG td254, Cedeplar, Universidade Federal de Minas Gerais.
    • Handle: RePEc:cdp:texdis:td254
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    File URL: https://www.cedeplar.ufmg.br/pesquisas/td/TD%20254.pdf
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    References listed on IDEAS

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    1. Eduardo da Motta e Albuquerque, 2003. "Immature systems of innovation: introductory notes about a comparison between South Africa, India, Mexico and Brazil based on science and technology statistics," Textos para Discussão Cedeplar-UFMG td221, Cedeplar, Universidade Federal de Minas Gerais.
    2. Richard R. Nelson, 2002. "The problem of market bias in modern capitalist economies," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 11(2), pages 207-244.
    3. Richard Nelson, 2008. "Economic Development from the Perspective of Evolutionary Economic Theory," Oxford Development Studies, Taylor & Francis Journals, vol. 36(1), pages 9-21.
    4. Freeman, Chris, 1995. "The 'National System of Innovation' in Historical Perspective," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 19(1), pages 5-24, February.
    5. Giovanni Amendola & Giovanni Dosi & Erasmo Papagni, 1993. "The dynamics of international competitiveness," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 129(3), pages 451-471, September.
    6. Simón Teitel, 1987. "Towards an Understanding of Technical Change in Semi-Industrialized Countries," Palgrave Macmillan Books, in: Jorge M. Katz (ed.), Technology Generation in Latin American Manufacturing Industries, chapter 4, pages 94-115, Palgrave Macmillan.
    7. Freeman, Chris & Louca, Francisco, 2002. "As Time Goes By: From the Industrial Revolutions to the Information Revolution," OUP Catalogue, Oxford University Press, number 9780199251056.
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    Cited by:

    1. João Prates Romero & Frederico G. Jayme, 2012. "Financial System, Innovation and Regional Development: The Relationship between Liquidity Preference and Innovation in Brazil," Review of Political Economy, Taylor & Francis Journals, vol. 24(4), pages 623-642, October.

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    More about this item

    Keywords

    Celso Furtado; evolutionary theory; innovation systems; welfare systems; catching up process;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • B29 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Other

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