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The Institutional Factors of Strategic Development and the Tactical Regulation of Nanotechology

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  • Daniil P. Frolov
  • Agnessa O. Inshakova
  • Marina L. Davydova

Abstract

The analysis of influence of institutional factors on development of technologies is carried out. The generating role of institutions in technological progress is proved. The general logic of an institutionalization of new technological way is presented on an example of nanotechnologies.Institutes are the "weak link" of the concepts and theories of the evolution of technology and technological structures. Most modern theorists of evolutionary economics are focused mainly on the study of the dynamics and forms of scientific and technological progress, especially the mechanisms of nucleation and diffusion of large "clusters" of innovation.In their turn, the institutional economists have concentrated on the analysis of factors and ways to minimize the transaction costs sustained interaction of agents and their organizations "in the high-tech world with a huge degree of specialization and division of labor other than impersonal exchange" (North 1997).In their works only relate to the institutional structure and infrastructure of innovative development, although, as noted by Nelson (2002), the concept of national and regional innovation systems is institutional in nature just on this fact is rarely emphasizes the attention of scientists. As a result, institutional forms and mechanisms of technological evolution is very poorly understood, and their analysis is based on very general ideas about the institutes and institutions.

Suggested Citation

  • Daniil P. Frolov & Agnessa O. Inshakova & Marina L. Davydova, 2017. "The Institutional Factors of Strategic Development and the Tactical Regulation of Nanotechology," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 588-606.
    • Handle: RePEc:ers:journl:v:xx:y:2017:i:3b:p:588-606
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    References listed on IDEAS

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    1. Masahiko Aoki, 2013. "Endogenizing institutions and institutional changes," Chapters, in: Comparative Institutional Analysis, chapter 16, pages 267-297, Edward Elgar Publishing.
    2. Richard R. Nelson, 2002. "special issue: Bringing institutions into evolutionary growth theory," Journal of Evolutionary Economics, Springer, vol. 12(1), pages 17-28.
    3. Christopher Palmberg & Hélène Dernis & Claire Miguet, 2009. "Nanotechnology: An Overview Based on Indicators and Statistics," OECD Science, Technology and Industry Working Papers 2009/7, OECD Publishing.
    4. Dosi, Giovanni, 1993. "Technological paradigms and technological trajectories : A suggested interpretation of the determinants and directions of technical change," Research Policy, Elsevier, vol. 22(2), pages 102-103, April.
    5. V. Polterovich., 2009. "The Innovation Pause Hypothesis and the Strategy of Modernization," VOPROSY ECONOMIKI, N.P. Redaktsiya zhurnala "Voprosy Economiki", vol. 6.
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