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Co-evolutionary policy processes: Understanding innovative economies and future resilience

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  • Sotarauta, Markku
  • Srinivas, Smita

Abstract

The great debates of most fields associated with economic development rest on emergence versus intention and the interplay between the two. The “residual” of unexplained divergence between goal and outcome, in this sense, can be ascribed in part to the interplay, or co-evolution, between policies (intention) and self-organizing (emergent) development. Do public policy and economic development co-evolve in technologically innovative economies, and if so, how? This paper discusses the basic premise that the gap between economic development strategies and their poor implementation cannot simply be removed by creating better-intended strategies, tools or institutions. The analysis uses evolutionary thinking for an analysis of economic development, and ends with some postulates for future study on innovative regions and the concept of resilience.

Suggested Citation

  • Sotarauta, Markku & Srinivas, Smita, 2006. "Co-evolutionary policy processes: Understanding innovative economies and future resilience," MPRA Paper 52689, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:52689
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    References listed on IDEAS

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    Cited by:

    1. Dutrénit, gabriela & Capdevielle, Mario & Corona, Juan Manuel & Puchet, Martin & Santiago, Fernando & Vera-Cruz, Alexandre, 2010. "El sistema nacional de innovación mexicano: estructuras, políticas, desempeño y desafíos [The Mexican national innovation system: structures, policies, performance and challenges]," MPRA Paper 31982, University Library of Munich, Germany.
    2. Gabriela Dutrénit & Juan Carlos Moreno-Brid & Martín Puchet & Eduardo Moreno, 2014. "Economic growth, innovation and inequality in Latin America: improvements, setbacks and pending issues post-Washington Consensus," Chapters, in: Gabriela Dutrénit & Judith Sutz (ed.), National Innovation Systems, Social Inclusion and Development, chapter 11, pages 304-348, Edward Elgar Publishing.
    3. Jerry Courvisanos & Ameeta Jain & Karim K. Mardaneh, 2016. "Economic Resilience of Regions under Crises: A Study of the Australian Economy," Regional Studies, Taylor & Francis Journals, vol. 50(4), pages 629-643, April.
    4. Srinivas, Smita, 2009. "Industry policy, technological change, and the state," MPRA Paper 52691, University Library of Munich, Germany.
    5. Gabriela Dutrénit & Martín Puchet Anyul & Luis Sanz-Menendez & Morris Teubal & Alexandre O. Vera-Cruz, 2008. "A policy model to foster coevolutionary processes of science, technology and innovation: the Mexican case," Globelics Working Paper Series 2008-03, Globelics - Global Network for Economics of Learning, Innovation, and Competence Building Systems, Aalborg University, Department of Business and Management.
    6. Srinivas, Smita, 2009. "Cost, risk, and labor markets: the state and sticky institutions in global production networks," MPRA Paper 52690, University Library of Munich, Germany.
    7. Magdalena Jurczyk-Bunkowska & Ilona Pawe³oszek, 2015. "The Concept Of Semantic System For Supporting Planning Of Innovation Processes," Polish Journal of Management Studies, Czestochowa Technical University, Department of Management, vol. 11(1), pages 79-89, June.
    8. Jussi Ahokas, 2011. "A comprehensive view of regional economic development in Finland," ERSA conference papers ersa10p469, European Regional Science Association.
    9. Srinivas, Smita, 2007. "Urban labour markets in the 21st century: dualism, regulation and the role(s) of the State," MPRA Paper 53099, University Library of Munich, Germany.
    10. Castellacci, Fulvio, 2018. "Co-evolutionary growth: A system dynamics model," Economic Modelling, Elsevier, vol. 70(C), pages 272-287.
    11. Markku Sotarauta & Riina Pulkkinen, 2011. "Institutional Entrepreneurship for Knowledge Regions: In Search of a Fresh Set of Questions for Regional Innovation Studies," Environment and Planning C, , vol. 29(1), pages 96-112, February.
    12. Ron A. Boschma & Markku Sotarauta, 2007. "Economic policy from an evolutionary perspective: the case of Finland," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 7(2/3/4/5), pages 156-173.
    13. Hynynen Ari, 2016. "Future in Wood? Timber Construction in Boosting Local Development," European Spatial Research and Policy, Sciendo, vol. 23(1), pages 127-139, June.

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    More about this item

    Keywords

    policy; economic development; evolutionary; co-evolution; India;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy

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