Linking Policy Research and Practice in ‘Stig Systems’: Many Obstacles, But Some Ways Forward

CDM Working Papers Series WORKING PAPER-CEMI-2007-002

30 Pages Posted: 3 Jul 2009

See all articles by Philippe Aghion

Philippe Aghion

College de France and London School of Economics and Political Science, Fellow; Centre for Economic Policy Research (CEPR); National Bureau of Economic Research (NBER)

Paul A. David

Stanford University - Department of Economics; University of Oxford - All Souls College; UNU-MERIT (Maastricht)

Dominique Foray

Ecole Polytechnique Fédérale de Lausanne - Management of Technology and Entrepreneurship Institute (MTEI)

Date Written: June 1, 2007

Abstract

This paper reflects on the relevance of 'systems-theoretic' approaches to the interdependent policy issues bearing on the dynamics of science, technology and innovation in their relationship to economic growth. Considering the approach that characterizes much of the current economics literature’s treatment of technology and growth policies, we pose the critical question: what kind of systems paradigm is likely to prove particularly fruitful in that particular problem-domain? Evolutionary, neo-Schumpeterian, and complex system dynamics approaches are conceptually attractive, and we examine their respective virtues while also acknowledging their more serious problematic features. The latter become visible quickly when one tries to connect systems-relevant research with practical policy-making in this field. Not content to have simply identified a number of the significant obstructions encountered in the path toward that goal, the paper also suggests some potentially feasible ways forward.

Keywords: policy research, innovation, growth policy, system dynamics

Suggested Citation

Aghion, Philippe and David, Paul A. and Foray, Dominique, Linking Policy Research and Practice in ‘Stig Systems’: Many Obstacles, But Some Ways Forward (June 1, 2007). CDM Working Papers Series WORKING PAPER-CEMI-2007-002. Available at SSRN: https://ssrn.com/abstract=1427767 or http://dx.doi.org/10.2139/ssrn.1427767

Philippe Aghion (Contact Author)

College de France and London School of Economics and Political Science, Fellow ( email )

London
United Kingdom

Centre for Economic Policy Research (CEPR)

London
United Kingdom

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Paul A. David

Stanford University - Department of Economics ( email )

Landau Economics Building
579 Serra Mall
Stanford, CA 94305-6072
United States
650 723-3710 (Phone)
650 725-5702 (Fax)

HOME PAGE: http://www-econ.stanford.edu/faculty/

University of Oxford - All Souls College ( email )

High Street
Oxford, Oxon. OX1 4AL
United Kingdom
44 (0)1865 279299 (Phone)
44 (0)1865 279313 (Fax)

UNU-MERIT (Maastricht) ( email )

Keizer Karel Plein 19
Maastricht, TC 6211
Netherlands

HOME PAGE: http://ccg.merit.unu.edu/

Dominique Foray

Ecole Polytechnique Fédérale de Lausanne - Management of Technology and Entrepreneurship Institute (MTEI) ( email )

Odyssea
Station 5
Lausanne, 1015
Switzerland

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