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Mainstream and evolutionary views of technology, economic growth and catching up

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  • Juan Ricardo Perilla Jimenez

    (Maastricht University)

Abstract

A critical appraisal of the literature is provided with a focus on the theoretical differences underlining the mainstream and evolutionary economics of the role of technology on the ability of backward countries to catch up. The policy implications derived from these contesting approaches are illustrated in the context of the National Innovation Systems framework and the conventional debate over the advantage of backwardness. We stress that the evolutionary theory stands for a broad view of innovation and the systems literature for active public action toward the leadership, sponsorship and coordination of (local) innovation, which are positions that contrast with the theoretical views of neoclassical economics.

Suggested Citation

  • Juan Ricardo Perilla Jimenez, 2019. "Mainstream and evolutionary views of technology, economic growth and catching up," Journal of Evolutionary Economics, Springer, vol. 29(3), pages 823-852, July.
  • Handle: RePEc:spr:joevec:v:29:y:2019:i:3:d:10.1007_s00191-019-00606-1
    DOI: 10.1007/s00191-019-00606-1
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    3. Juan Ricardo Perilla Jiménez, 2020. "Testing the impact of technology diffusion and innovation on long-run growth using cointegration techniques," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 29(6), pages 748-773, August.
    4. Jugend, Daniel & Fiorini, Paula De Camargo & Armellini, Fabiano & Ferrari, Aline Gabriela, 2020. "Public support for innovation: A systematic review of the literature and implications for open innovation," Technological Forecasting and Social Change, Elsevier, vol. 156(C).
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    6. Tânia Pinto & Aurora A. C. Teixeira, 2020. "The impact of research output on economic growth by fields of science: a dynamic panel data analysis, 1980–2016," Scientometrics, Springer;Akadémiai Kiadó, vol. 123(2), pages 945-978, May.

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