Sen meets Schumpeter: Introducing structural and dynamic elements into the human capability approach
AbstractThis paper argues for the necessity and potential of introducing Schumpeter's understanding of economic development as structural change into Amartya Sen's people-oriented development as freedom approach. Sen and other authors on social choice, human development and inequality have effectively promoted - through the United Nations Development Programme - that the expansion of human agency, well-being and capabilities are the means and ends of development (Sen, 1999). However, this approach has lead to a neglect of structural and technological aspects of economic systems such as social network dynamics, technological progress and the structural changes in the variety and balance of economic activities. Innovation driven socioeconomic change has decisive influences on the capabilities of the actors to be active agents in the development processes. For instance, the variety of economic sectors in a country and the access to information and finance networks determine occupational choices and learning opportunities. Economic diversification and social network dynamics follow evolutionary paths that can contribute to human development, but also intrinsically drive success-breeds-success mechanisms and inequality reproduction. Therefore, an agent oriented evolutionary theory of inequality and qualitative change has to take these structural features of economic development into account. --
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 of Hohenheim, Center for Research on Innovation and Services (FZID) in its series FZID Discussion Papers with number 48-2012.
Date of creation: 2012
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-07-08 (All new papers)
- NEP-ENT-2012-07-08 (Entrepreneurship)
- NEP-EVO-2012-07-08 (Evolutionary Economics)
- NEP-HME-2012-07-08 (Heterodox Microeconomics)
- NEP-HPE-2012-07-08 (History & Philosophy of Economics)
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ZBW - German National Library of Economics).
If references are entirely missing, you can add them using this form.