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Extracting the innovation policies for Iran based on the approximation of policy implications for comparative economic doctrines

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  • Sepehr Ghazinoory
  • Meysam Narimani
  • Faezeh Khamoushi
  • Hamid Kazemi

Abstract

Due to many differences in presumptions and theoretical foundations within neoclassical and evolutionary economics, policy-makers are always confronted with the dilemma of selecting one of these two central models for technology and innovation policy. In light of widely institutionalised ineffectiveness in the field of market and systematic coordination – in Iran as well many other countries – the present investigation presumes that reliance on any of the above doctrines alone is ineffective. An intermediate concept of policy rationales to achieve a comparative structure of policy implications is proposed. Policy rationales (in innovation and technological policy) for neoclassical and evolutionary economics were derived based on a thematic analysis. A spectrum of policy implications of both doctrines was designed and completed in the form of a questionnaire for, together with theoretical foundations and policy rationales by specialists of the field of innovative and technological policy in Iran. Given the institutional conditions and structural frameworks which actually exist, and in spite of wide dissimilarities within the theoretical foundations of neoclassical and evolutionary economics, Clustering of respondents and subsequent test trials show that policy implications of the economics doctrines in the field of innovative and technological policy in Iran are complementary and convergent.

Suggested Citation

  • Sepehr Ghazinoory & Meysam Narimani & Faezeh Khamoushi & Hamid Kazemi, 2017. "Extracting the innovation policies for Iran based on the approximation of policy implications for comparative economic doctrines," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 30(1), pages 1257-1276, January.
  • Handle: RePEc:taf:reroxx:v:30:y:2017:i:1:p:1257-1276
    DOI: 10.1080/1331677X.2017.1311225
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    Cited by:

    1. Masoud Taherinia & Mehrdad Matin & Jamal Valipour & Kavian Abdolahi & Peyman Shouryabi & Mohammad Mahdi Barzegar, 2024. "Capital Structure Adjustment Speed and Expected Returns: Examination of Information Asymmetry as a Moderating Role," Papers 2403.06035, arXiv.org.

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