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The social imagination needed for an innovation-led recovery

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  • Archibugi, Daniele

Abstract

In response to critical comments by Bengt-Åke Lundvall and Edward Steinmueller, I argue that we need to understand why the economic crisis has been so long, so deep and so wide. Even though it originated in the financial sector, a recovery has not yet materialised because existing and potential technological opportunities have not been exploited. An innovation-based recovery will need to take advantage of these opportunities and will also require a favourable institutional environment. Pro-active public intervention in science and technology will additionally be required, combined with new social imagination.

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  • Archibugi, Daniele, 2017. "The social imagination needed for an innovation-led recovery," Research Policy, Elsevier, vol. 46(3), pages 554-556.
    • Handle: RePEc:eee:respol:v:46:y:2017:i:3:p:554-556
    DOI: 10.1016/j.respol.2016.09.018
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    Cited by:

    1. Szalavetz, Andrea, 2018. "Digitális átalakulás és fenntarthatóság. A technológiaoptimista környezetgazdászok és a pesszimista ökológiai közgazdászok közötti vita újraindítása [Digital transformation and environmental sustai," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(10), pages 1067-1088.
    2. Eric Hansen & Erlend Nybakk, 2018. "Response to the global financial crisis: a follow-up study," Journal of Innovation and Entrepreneurship, Springer, vol. 7(1), pages 1-12, December.
    3. Armand, Alex & Mendi, Pedro, 2018. "Demand drops and innovation investments: Evidence from the Great Recession in Spain," Research Policy, Elsevier, vol. 47(7), pages 1321-1333.
    4. Muscio, Alessandro, 2023. "The ambiguous role of science and technology in Marvel superhero comics: From their ‘Golden Age’ to the present-day," Technological Forecasting and Social Change, Elsevier, vol. 186(PB).

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