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Technical Change and Economic Growth: Some Lessons from Secular Patterns and Some Conjectures on the Current Impact of ICT Technology

  • Carolina Castaldi
  • Giovanni Dosi

This paper discusses the link between patterns of technological change and economic development taking an evolutionary perspective. We argue that the modes and timing of such coupled dynamics are deeply influenced by the emergence of new techno-economic paradigms or regimes. ICT-based technologies are the drivers of the current paradigm, which, we show, is still at an early stage of diffusion, particularly for developing countries. Building from historical evidence, we argue that catching up of developing countries critically depends on their ability to master the technology behind the dominant technoeconomic paradigm. We then discuss threats and opportunities related to a possible ICTbased development path.

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Paper provided by Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy in its series LEM Papers Series with number 2008/01.

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Date of creation: 08 Jan 2008
Date of revision:
Handle: RePEc:ssa:lemwps:2008/01
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  1. Trajtenberg, M. & Bresnahan, T.F., 1992. "General Purpose Technologies: "Engines of Growth"," Papers 16-92, Tel Aviv.
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  3. Carolina Castaldi & Mario Cimoli & Nelson Correa & Giovanni Dosi, 2004. "Technological Learning, Policy Regimes and Growth in a `Globalized' Economy: General Patterns and the Latin American Experience," LEM Papers Series 2004/01, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
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  18. Cimoli, Mario & Dosi, Giovanni, 1995. "Technological Paradigms, Patterns of Learning and Development: An Introductory Roadmap," Journal of Evolutionary Economics, Springer, vol. 5(3), pages 243-68, September.
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  33. repec:oup:qjecon:v:112:y:1997:i:1:p:253-90 is not listed on IDEAS
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