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Innovation systems and policy: not only for the rich?

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  • Carlota Perez

Abstract

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.

Suggested Citation

  • Carlota Perez, 2012. "Innovation systems and policy: not only for the rich?," The Other Canon Foundation and Tallinn University of Technology Working Papers in Technology Governance and Economic Dynamics 42, TUT Ragnar Nurkse Department of Innovation and Governance.
    • Handle: RePEc:tth:wpaper:42
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    Cited by:

    1. Landoni, Matteo & ogilvie, dt, 2019. "Convergence of innovation policies in the European aerospace industry (1960–2000)," Technological Forecasting and Social Change, Elsevier, vol. 147(C), pages 174-184.
    2. Fernanda Q. Sperotto & Iván G. P. Tartaruga, 2021. "The Green Side of Industry: The Drivers and the Impacts of ECO-Innovations in Brazil," Sustainability, MDPI, vol. 13(14), pages 1-23, July.
    3. O. Bilousova, 2017. "Financial tools to ensure the development of the national economy," Economy and Forecasting, Valeriy Heyets, issue 1, pages 31-43.
    4. Diercks, Gijs, 2019. "Lost in translation: How legacy limits the OECD in promoting new policy mixes for sustainability transitions," Research Policy, Elsevier, vol. 48(10).
    5. Csaba Makó & Brian Mitchell & Miklós Illéssy, 2015. "Developing Dynamic Innovative Capabilities: The Growing Role of Innovation and Learning in the Development of Organisations and Skills in Developed and Emerging Nations of Europe," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 1(1), pages 18-38, January.

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