Inadequacy of technology and innovation systems at the periphery: notes on Celso Furtado's contributions for a dialogue between evolutionists and structuralists
Eduardo Albuquerque ()
Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais
This paper focuses on "inadequacy of technology" as formulated by Celso Furtado. The concept of "inadequacy of technology" may be, on the one hand, an enlightening assessment of the technological condition of underdevelopment and, on the other hand, a helpful "focusing device" for an agenda on innovation systems at the periphery. Furtado's approach on inappropriate technology may uncover the social roots of the well know "low-growth trap" of less-developed economies. Celso Furtado explains how inadequacy of technology is related to the polarization "modernization-marginalization" that characterizes economies with immature systems of innovation, as the Brazilian economy. This concept also highlights how difficult it is to overcome the complex interplay among unequal income distribution, localized and blocked technical progress and unsustainable economic growth. To overcome the inadequacy of technology a dual institutional building seems to be necessary: the innovation systems might co-evolve with welfare systems.
Keywords: Celso Furtado; evolutionary theory; innovation systems; welfare systems; catching up process (search for similar items in EconPapers)
JEL-codes: O30 B29 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ino and nep-pke
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cdp:texdis:td254
Ordering information: This working paper can be ordered from
Cedeplar-FACE-UFMG Av. Antonio Carlos, 6627 Belo Horizonte, MG 31270-901 Brazil
Access Statistics for this paper
More papers in Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais Cedeplar-FACE-UFMG Av. Antonio Carlos, 6627 Belo Horizonte, MG 31270-901 Brazil. Contact information at EDIRC.
Bibliographic data for series maintained by Gustavo Britto ().