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Technology Systems and Technology Policy in an Evolutionary Framework

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  • Metcalfe, J S

Abstract

The central purpose of this paper is to outline an evolutionary theory of technology policy and to connect it with the emerging literature on national systems of innovation. Any understanding of technology policy must be based on a clear understanding of the nature of technology and the important differences between science and technology. Technology can be treated in terms of knowledge, skills, and artifacts and in each case there are different variety-generating mechanisms, different selection processes, and different institutional structures. For policy purposes, the degree of connection between these different dimensions of technology is at the core of technology policy. (c) 1995 Academic Press, Inc. Copyright 1995 by Oxford University Press.

Suggested Citation

  • Metcalfe, J S, 1995. "Technology Systems and Technology Policy in an Evolutionary Framework," Cambridge Journal of Economics, Oxford University Press, vol. 19(1), pages 25-46, February.
  • Handle: RePEc:oup:cambje:v:19:y:1995:i:1:p:25-46
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