Heuristics and the microeconomics of innovation and development

IF 1.4 Q3 DEVELOPMENT STUDIES

Innovation and Development Pub Date : 2021-09-02 DOI:10.1080/2157930X.2021.1986894

Smita Srinivas

引用次数: 4

Abstract

ABSTRACT Researchers have long recognized multiple ways of innovating. However, the expositions fail to connect the microeconomics of production sets to the real-world institutional variety required to build technological capabilities and innovate. This paper argues for explicit attention to institutional variety in the heuristics used in innovation policy and practice, and analyses three such heuristics. While some types of social challenges can be addressed through formal science and industrial R&D, the most common proxies for innovation, most industrializing contexts will require changes in institutions and organizations to frame and solve local development problems. The analysis thus bridges the traditional microeconomics of production sets with innovation and development priorities.

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启发式与创新与发展的微观经济学

研究人员早就认识到创新的多种方式。然而，这些展览未能将生产组合的微观经济学与建立技术能力和创新所需的现实世界制度多样性联系起来。本文认为，在创新政策和实践中使用的启发式方法应明确关注制度多样性，并分析了三种启发式方法。虽然某些类型的社会挑战可以通过正式的科学和工业研发(创新的最常见代表)来解决，但大多数工业化背景将需要改变制度和组织来构建和解决当地的发展问题。因此，该分析将生产集的传统微观经济学与创新和发展优先事项联系起来。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Innovation and Development Social Sciences-Cultural Studies

CiteScore

3.70

自引率

0.00%

发文量

期刊介绍： conomic development and growth depend as much on social innovations as on technological advances. However, the discourse has often been confined to technological innovations in the industrial sector, with insufficient attention being paid to institutional and organisational change and to the informal sector which in some countries in the South plays a significant role. Innovation and Development is an interdisciplinary journal that adopts a broad approach to the study of innovation, in all sectors of the economy and sections of society, furthering understanding of the multidimensional process of innovation and development. It provides a forum for the discussion of issues pertaining to innovation, development and their interaction, both in the developed and developing world, with the aim of encouraging sustainable and inclusive growth. The journal encourages articles that approach the problem broadly in line with innovation system perspective focusing on the evolutionary and institutional structure of innovation and development. This focus cuts across the disciplines of Economics, Sociology, Political Science, Science and Technology Policy, Geography and Development Practice. In a section entitled Innovation in Practice, the journal includes short reports on innovative experiments with proven development impact with a view to encouraging scholars to undertake systematic inquiries on such experiments. Brief abstracts of degree awarded PhD theses in the broad area of concern for the journal and brief notes which highlight innovative ways of using internet resources and new databases or software are also published.