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Technology foresight in traditional Bolivian sectors: Innovation traps and temporal unfit between ecosystems and institutions

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  • Cespedes Quiroga, Mauricio
  • Martin, Dominique Philippe

Abstract

Combating poverty is a priority for developing countries. The program “Technology Foresight Initiative in Latina America” initiated by UNIDO (United Nations Industrial Development Organization) is in line with this context. This paper examines two Technological Foresight for traditional Bolivian activities: the “textiles from camelid fibers” sector and the “medicinal plants” sector. The study model takes into account two dimensions: the socio-technical regime and the formal institutions. Findings highlights the difficulty to implement a virtuous circle of innovation because of innovation traps (1) that can be seen as a consequence of the socio-technical regime, and because of some misfit between formal institutions (2) and what is required by the value chain. These results emphasize the learning curve of the TF for countries such as Bolivia.

Suggested Citation

  • Cespedes Quiroga, Mauricio & Martin, Dominique Philippe, 2017. "Technology foresight in traditional Bolivian sectors: Innovation traps and temporal unfit between ecosystems and institutions," Technological Forecasting and Social Change, Elsevier, vol. 119(C), pages 280-293.
    • Handle: RePEc:eee:tefoso:v:119:y:2017:i:c:p:280-293
    DOI: 10.1016/j.techfore.2016.06.023
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    Cited by:

    1. Hameeda A. AlMalki & Christopher M. Durugbo, 2023. "Systematic review of institutional innovation literature: towards a multi-level management model," Management Review Quarterly, Springer, vol. 73(2), pages 731-785, June.
    2. Caixia Mao & Ryu Koide & Lewis Akenji, 2020. "Applying Foresight to Policy Design for a Long-Term Transition to Sustainable Lifestyles," Sustainability, MDPI, vol. 12(15), pages 1-20, July.
    3. Abdol Majid Saadat Nezhad & Tahmoures Sohrabi & Nasrollah Shadnoosh & Abbas Toloie Eshlaghy, 2017. "A New Approach to Challenges of Venture Capital in Financing the Industrial Clusters through Cooperative Models and Venture Funds in Iran," International Journal of Economics and Financial Issues, Econjournals, vol. 7(6), pages 111-119.

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