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Development and innovation: learning from the legacies of Freeman and Furtado

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  • Helena Maria Martins Lastres
  • José Eduardo Cassiolato

Abstract

Some ideas and policy proposals on development and innovation, disseminated in the second decade of the 2000s, reintroduce obsolete visions, which isolate economic phenomena from their territorial, historical and socio-political contexts. Hence, there is a need to recuperate Freeman’s and Furtado’s systemic and contextualized contributions to the understanding of these processes. Besides exploring these and other convergences in their approaches, the paper highlights their crucial insights about the usually ignored influence of power on these issues. We reaffirm that the combination of the two authors’ analytical and normative frameworks makes them even more useful to a wider set of cases and countries. We also argue that this effort can provide a novel and proper ground for comparative analyses, helping to foster development and further refinement of different frameworks, strengthening their role as a tool to understand and orient the processes of development and innovation.

Suggested Citation

  • Helena Maria Martins Lastres & José Eduardo Cassiolato, 2017. "Development and innovation: learning from the legacies of Freeman and Furtado," Innovation and Development, Taylor & Francis Journals, vol. 7(2), pages 271-286, July.
    • Handle: RePEc:taf:riadxx:v:7:y:2017:i:2:p:271-286
    DOI: 10.1080/2157930X.2017.1361057
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    Cited by:

    1. Manuel Gonzalo & Hugo Kantis, 2021. "The Indian venture capital emergence, development, and boom: A southern contextualization," Growth and Change, Wiley Blackwell, vol. 52(2), pages 687-705, June.

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