Industrial policies, patterns of learning, and development: An evolutionary perspective

Mario Cimoli, Giovanni Dosi, Xiaodan Yu

Research output: Chapter in Book/Conference proceedingBook Chapterpeer-review

7 Citations (Scopus)

Abstract

This work discusses the role of industrial policies within an evolutionary view of innovation and learning as drivers of economic development. Building on the notions of technological paradigms and trajectories, it links the processes of catching up with the dynamics of capability accumulation within and across firms. Technological paradigms provide a structure to the knowledge embodied in individual and, even more importantly, in organizational problem-solving procedures and routines, which collectively define the technological and organizational capabilities of firms and whole countries. The improvement of such capabilities is at the core of the process of development and catching up, well beyond sheer capital accumulation. In turn, such processes are embedded in broader national systems of innovation in which industrial policies play a pivotal role.

Original languageEnglish
Title of host publicationThe Oxford Handbook of Industrial Policy
PublisherOxford University Press
Pages93-124
Number of pages32
ISBN (Electronic)9780198862420
DOIs
Publication statusPublished - 10 Nov 2020

Keywords

  • Absolute and comparative advantages
  • Catching up
  • Economic evolution and development
  • Industrial policies
  • National systems of innovation
  • Technological paradigms
  • Theory of production

ASJC Scopus subject areas

  • General Economics,Econometrics and Finance
  • General Business,Management and Accounting

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