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Policies and Institutional Engineering in Developing Economies

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  • Mario Cimoli
  • Giovanni Dosi
  • Richard Nelson
  • Joseph Stiglitz

Abstract

The existence of profound relationships of some sorts between innovation, industrialization and economic development is now generally acknowledged in both economic history and economic theory. However, the conditions which foster technological learning and its successful incorporation into the economy and in particular the role of institutions and policies continues to be more controversial. This chapter addresses these issues and tries to offer a framework for the interpretation of the ways activities of “institutional engineering” and policies shape technological catching-up and industrial development.

Suggested Citation

  • Mario Cimoli & Giovanni Dosi & Richard Nelson & Joseph Stiglitz, 2007. "Policies and Institutional Engineering in Developing Economies," Globelics Working Paper Series 2007-04, Globelics - Global Network for Economics of Learning, Innovation, and Competence Building Systems, Aalborg University, Department of Business and Management.
    • Handle: RePEc:aal:glowps:2007-04
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    References listed on IDEAS

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    2. Swati Mehta, 2014. "Strategies of Technology Accumulation by Indian Pharmaceutical Firms: A Multinomial Logit Analysis," Millennial Asia, , vol. 5(1), pages 67-87, April.

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