Linking Policy Research and Practice in 'STIG Systems': Many Obstacles, but Some Ways Forward

Philippe Aghion, Paul David and Dominique Foray
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Dominique Foray: Chaire en Economie et Management de l'Innovation (CEMI)

No 06-009, Discussion Papers from Stanford Institute for Economic Policy Research

Abstract: This paper reflects on the relevance of systems thinking about 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 literatures 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 analyze their respective virtues while also acknowledging their more serious problematic features. Those become visible quickly when trying connect systems-relevant research with practical policy-making in this field. Not content to have simply identified some significant obstructions in the path toward that goal, the paper also suggests some potentially feasible ways forward.

Keywords: Techonological Change; systems paradigm; STIG systems (search for similar items in EconPapers)
JEL-codes: O32 O33 (search for similar items in EconPapers)
Date: 2006-10
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Citations: View citations in EconPapers (2)

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Working Paper: Linking policy research and practice in ‘STIG Systems’: Many obstacles, but some ways forward (2007)
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