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Science, Technology and Development: Emerging concepts and visions

Author

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  • Soete, Luc

    () (UNU-MERIT)

Abstract

This paper analyzes the impact of globalization on the allocation of public and private resources for research, knowledge creation and diffusion. We argue that while the concentration of research investments remains in a relatively small number of rich countries and regions, the focus of such activities is increasingly global. From this perspective the international business community is becoming increasingly concerned about the sustainability of its long term growth based on relatively low growth at the high end of the market in comparison to rising demand amongst lower income groups, located primarily in developing countries. Building on this analysis, the paper outlines a vision of innovation for development that could lead to a truly new research programme for innovation studies and the development of successful innovation-for-development strategies.

Suggested Citation

  • Soete, Luc, 2008. "Science, Technology and Development: Emerging concepts and visions," MERIT Working Papers 001, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  • Handle: RePEc:unm:unumer:2008001
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    File URL: https://www.merit.unu.edu/publications/wppdf/2008/wp2008-001.pdf
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    References listed on IDEAS

    as
    1. Mowery, David C., 1983. "Industrial Research and Firm Size, Survival, and Growth in American Manufacturing, 1921–1946: An Assessment," The Journal of Economic History, Cambridge University Press, vol. 43(04), pages 953-980, December.
    2. Howitt, Peter & Aghion, Philippe, 2006. "Appropriate Growth Policy: A Unifying Framework," Scholarly Articles 4554121, Harvard University Department of Economics.
    3. Rishab Ghosh & Luc Soete, 2006. "Information and intellectual property: the global challenges," Industrial and Corporate Change, Oxford University Press, vol. 15(6), pages 919-935, December.
    4. Munawar Iqbal & David T. Llewellyn, 2002. "Introduction," Chapters,in: Islamic Banking and Finance, chapter 1 Edward Elgar Publishing.
    5. Chris Freeman & Luc Soete, 1997. "The Economics of Industrial Innovation, 3rd Edition," MIT Press Books, The MIT Press, edition 3, volume 1, number 0262061953, January.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Brach, Juliane & Naudé, Wim, 2012. "International entrepreneurship and technological capabilities in the Middle East and North Africa," MERIT Working Papers 020, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).

    More about this item

    Keywords

    Economic Development; Science and Technology; Research and Development; Diffusion of Technology; Investment; Innovation; Developing Countries;

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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