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Dynamics of introducing innovations in agriculture: a critique of the neoclassical approachna agricultura: uma crítica a abordagem neo-clássica

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  • Ademar Ribeiro Romeiro

Abstract

This paper presents the theoretical foundations of the induced innovation model.We try to show its inadequacy to explain the rise of a new technological paradigm. Thevalidity of the model is restricted by its central hypothesis as to the economic rationalityof productive agents that are induced to introduce innovations to save the more expensiveproduction factor. Supply-side constraints on innovations are neglected, but they are veryimportant to explain the technical and scientific characteristics that define a new technologicalpattern; so, the factor-saving bias is the only thing the model can say about a newtechnological paradigm to be generated. JEL Classification: Q16; Q18; O33

Suggested Citation

  • Ademar Ribeiro Romeiro, 1991. "Dynamics of introducing innovations in agriculture: a critique of the neoclassical approachna agricultura: uma crítica a abordagem neo-clássica," Brazilian Journal of Political Economy, Center of Political Economy, vol. 11(1), pages 44-57.
    • Handle: RePEc:ekm:repojs:v:11:y:1991:i:1:p:44-57:id:1447
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    Keywords

    Innovation; technological change; agriculture; Hayami-Ruttan model;
    All these keywords.

    JEL classification:

    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy
    • 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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