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Science, Technology and Innovation for Economic Growth: Linking Policy Research and Practice in "STIG Systems"

  • David, Paul
  • Aghion, Philippe

This paper reflects on the relevance of "systems-theoretic" approaches to theinterdependent policy issues relating to the dynamics of science, technology and innovation and their relationship to economic growth. Considering the approach that characterizes much of the current economics literature's treatment of technology and growth policies, we pose the critical question: what kind of systems paradigm is likely to prove particularly fruitful in that particular problem-domain? Evolutionary, neo-Schumpeterian, and complex system dynamics approaches are conceptually attractive, and we examine their respective virtues and limitations. Both qualities are redily visible when one tries to connect systems-relevant research with practical policy-making in this field.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 12096.

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Date of creation: Oct 2008
Date of revision:
Handle: RePEc:pra:mprapa:12096
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  17. Tor Jakob Klette & Jarle Møen, 1998. "From Growth Theory to Technology Policy – Coordination Problems in Theory and Practice," Discussion Papers 219, Statistics Norway, Research Department.
  18. Paul A. David, 2011. "Path Dependence: A Foundational Concept for Historical Social Science," Chapters, in: Law, Economics and Evolutionary Theory, chapter 4 Edward Elgar.
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