Science, Technology and Innovation for Economic Growth: Linking Policy Research and Practice in "STIG Systems"
AbstractThis paper reflects on the relevance of "systems-theoretic" approaches to theinterdependent policy issues relating to the dynamics of science, technology and innovation and their relationship to economic growth. Considering the approach that characterizes much of the current economics literature's treatment of technology and growth policies, we pose the critical question: what kind of systems paradigm is likely to prove particularly fruitful in that particular problem-domain? Evolutionary, neo-Schumpeterian, and complex system dynamics approaches are conceptually attractive, and we examine their respective virtues and limitations. Both qualities are redily visible when one tries to connect systems-relevant research with practical policy-making in this field.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 12096.
Date of creation: Oct 2008
Date of revision:
science and technology policy; innovation policy; R&D subsidies; IPR; systems research; economic growth theory; complementarities; positive feedbacks; complexity; market failurees; policy implementation failures;
Other versions of this item:
- Aghion, Philippe & David, Paul A. & Foray, Dominique, 2009. "Science, technology and innovation for economic growth: Linking policy research and practice in 'STIG Systems'," Research Policy, Elsevier, vol. 38(4), pages 681-693, May.
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-12-21 (All new papers)
- NEP-INO-2008-12-21 (Innovation)
- NEP-IPR-2008-12-21 (Intellectual Property Rights)
- NEP-KNM-2008-12-21 (Knowledge Management & Knowledge Economy)
- NEP-MIC-2008-12-21 (Microeconomics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Pierre Mohnen & Lars-Hendrick Röller, 2003.
"Complementarities in Innovation Policy,"
CIRANO Working Papers
- Pierre Mohnen & Lars-Hendrik Röller, 2000. "Complementarities in Innovation Policy," CIG Working Papers FS IV 00-18, Wissenschaftszentrum Berlin (WZB), Research Unit: Competition and Innovation (CIG).
- Pierre Mohnen & Lars-Hendrick Röller, 2001. "Complementarities in Innovation Policy," CIRANO Working Papers 2001s-28, CIRANO.
- Mohnen, Pierre & Röller, Lars-Hendrik, 2001. "Complementarities in Innovation Policy," CEPR Discussion Papers 2712, C.E.P.R. Discussion Papers.
- Paul M. Romer, 2000.
"Should the Government Subsidize Supply or Demand in the Market for Scientists and Engineers?,"
NBER Working Papers
7723, National Bureau of Economic Research, Inc.
- Paul M. Romer, 2001. "Should the Government Subsidize Supply or Demand in the Market for Scientists and Engineers?," NBER Chapters, in: Innovation Policy and the Economy, Volume 1, pages 221-252 National Bureau of Economic Research, Inc.
- Paul A. David & Gavin Wright, 1999.
"General Purpose Technologies and Surges in Productivity: Historical Reflections on the Future of the ICT Revolution,"
Oxford University Economic and Social History Series
_031, Economics Group, Nuffield College, University of Oxford.
- Paul A. David & Gavin Wright, . "General Purpose Technologies and Surges in Productivity: Historical Reflections on the Future of the ICT Revolution," Working Papers 99026, Stanford University, Department of Economics.
- Paul David & Gavin Wright, 1999. "General Purpose Technologies and Surges in Productivity: Historical Reflections on the Future of the ICT Revolution," Economics Series Working Papers 1999-W31, University of Oxford, Department of Economics.
- Blumenthal, Marjory S, 1998. "Federal Government Initiatives and the Foundations of the Information Technology Revolution: Lessons from History," American Economic Review, American Economic Association, vol. 88(2), pages 34-39, May.
- Alan B. Krueger & Mikael Lindahl, 2000.
"Education for Growth: Why and For Whom?,"
NBER Working Papers
7591, National Bureau of Economic Research, Inc.
- David, Paul A., 1994. "Why are institutions the 'carriers of history'?: Path dependence and the evolution of conventions, organizations and institutions," Structural Change and Economic Dynamics, Elsevier, vol. 5(2), pages 205-220, December.
- Franco Malerba & Richard Nelson & Luigi Orsenigo & Sidney Winter, 2006.
"Vertical Integration and Dis-integration of Computer Firms: A History Friendly Model of the Co-evolution of the Computer and Semiconductor Industries,"
Papers on Economics and Evolution
2006-19, Max Planck Institute of Economics, Evolutionary Economics Group.
- Franco Malerba & Richard Nelson & Luigi Orsenigo & Sidney Winter, 2008. "Vertical integration and disintegration of computer firms: a history-friendly model of the coevolution of the computer and semiconductor industries," Industrial and Corporate Change, Oxford University Press, vol. 17(2), pages 197-231, April.
- Franco Malerba & Richard Nelson & Luigi Orsenigo & Sidney Winter, 2006. "Vertical Integration and Dis-integration of Computer Firms: A History Friendly Model of the Co-evolution of the Computer and Semiconductor Industries," KITeS Working Papers 191, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Dec 2006.
- Kenneth Arrow, 1962. "Economic Welfare and the Allocation of Resources for Invention," NBER Chapters, in: The Rate and Direction of Inventive Activity: Economic and Social Factors, pages 609-626 National Bureau of Economic Research, Inc.
- Richard R. Nelson, 1959. "The Simple Economics of Basic Scientific Research," Journal of Political Economy, University of Chicago Press, vol. 67, pages 297.
- Klette, T.J. & Moen, J., 1998.
"From Growth Theory to Technology Policy -Coordination Problems in Theory and Practice,"
20/98, Norwegian School of Economics and Business Administration-.
- Tor Jakob Klette & Jarle Møen, 1999. "From Growth Theory to Technology Policy - Coordination Problems in Theory and Practice," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 25, pages 53-74.
- Tor Jakob Klette & Jarle Møen, 1998. "From Growth Theory to Technology Policy – Coordination Problems in Theory and Practice," Discussion Papers 219, Research Department of Statistics Norway.
- Stephen Nickell, 1993.
"Competition and Corporate Performance,"
CEP Discussion Papers
dp0182, Centre for Economic Performance, LSE.
- Sah, Raaj Kumar & Stiglitz, Joseph E, 1988. "Committees, Hierarchies and Polyarchies," Economic Journal, Royal Economic Society, vol. 98(391), pages 451-70, June.
- Paul A. David, 2005. "The Economic Logic of “Open Science” and the Balance between Private Property Rights and the Public Domain in Scientific Data and," Development and Comp Systems 0502006, EconWPA.
- Paul A. David, 2007. "Path dependence: a foundational concept for historical social science," Cliometrica, Journal of Historical Economics and Econometric History, Association Française de Cliométrie (AFC), vol. 1(2), pages 91-114, July.
- Brian Arthur, W. & Ermoliev, Yu. M. & Kaniovski, Yu. M., 1987. "Path-dependent processes and the emergence of macro-structure," European Journal of Operational Research, Elsevier, vol. 30(3), pages 294-303, June.
- Bresnahan, Timothy F. & Trajtenberg, M., 1995.
"General purpose technologies 'Engines of growth'?,"
Journal of Econometrics,
Elsevier, vol. 65(1), pages 83-108, January.
- G. Silverberg & B. Verspagen, 1995. "Evolutionary Theorizing on Economic Growth," Working Papers wp95078, International Institute for Applied Systems Analysis.
- Paul M Romer, 1999.
"Endogenous Technological Change,"
Levine's Working Paper Archive
2135, David K. Levine.
- Adam B. Jaffe & Richard G. Newell & Robert N. Stavins, 2004. "Technology Policy for Energy and the Environment," NBER Chapters, in: Innovation Policy and the Economy, Volume 4, pages 35-68 National Bureau of Economic Research, Inc.
- Partha, Dasgupta & David, Paul A., 1994. "Toward a new economics of science," Research Policy, Elsevier, vol. 23(5), pages 487-521, September.
- Philippe Aghion & George-Marios Angeletos & Abhijit Banerjee & Kalina Manova, 2005. "Volatility and Growth: Credit Constraints and Productivity-Enhancing Investment," NBER Working Papers 11349, National Bureau of Economic Research, Inc.
- Flanagan, Kieron & Uyarra, Elvira & Laranja, Manuel, 2010. "The ‘policy mix’ for innovation: rethinking innovation policy in a multi-level, multi-actor context," MPRA Paper 23567, University Library of Munich, Germany.
- Margarida Chagas Lopes, 2013.
"Is Public Education Viable? A brief critical review of neoliberalism in education with a special focus on the Portuguese situation,"
wp022013, Socius, Socio-Economics Research Centre at the School of Economics and Management (ISEG) of the Technical University of Lisbon.
- Margarida CHAGAS LOPES, 2013. "Is public education viable? A brief critical review of neoliberalism in education with a special focus on the Portuguese situation," Journal of Research in Educational Sciences, ASERS Publishing, vol. 0(6), pages 106-120, August.
- Almas Heshmati & Subal C. Kumbhakar, 2014.
"A general model of technical change with an application to the OECD countries,"
Economics of Innovation and New Technology,
Taylor & Francis Journals, vol. 23(1), pages 25-48, January.
- Heshmati, Almas & Kumbhakar, Subal C., 2011. "A General Model of Technical Change with an Application to the OECD Countries," IZA Discussion Papers 6004, Institute for the Study of Labor (IZA).
- Cristiano, Antonelli & Ferraris, Gianluigi, 2009. "Innovation as an Emerging System Property: an Agent Based Model," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 200911, University of Turin.
- repec:idb:brikps:8608 is not listed on IDEAS
- Bleda, Mercedes & del Río, Pablo, 2013. "The market failure and the systemic failure rationales in technological innovation systems," Research Policy, Elsevier, vol. 42(5), pages 1039-1052.
- Hyytinen, Ari & Maliranta, Mika, 2013. "Firm lifecycles and evolution of industry productivity," Research Policy, Elsevier, vol. 42(5), pages 1080-1098.
- Anadón, Laura Díaz, 2012. "Missions-oriented RD&D institutions in energy between 2000 and 2010: A comparative analysis of China, the United Kingdom, and the United States," Research Policy, Elsevier, vol. 41(10), pages 1742-1756.
- Cristiano Antonelli & Gianluigi Ferraris, 2011. "Innovation as an Emerging System Property: An Agent Based Simulation Model," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 14(2), pages 1.
- repec:idb:brikps:38498 is not listed on IDEAS
- repec:idb:brikps:38218 is not listed on IDEAS
- Lindič, Jaka & Bavdaž, Mojca & Kovačič, Helena, 2012. "Higher growth through the Blue Ocean Strategy: Implications for economic policy," Research Policy, Elsevier, vol. 41(5), pages 928-938.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).
If references are entirely missing, you can add them using this form.