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Capabilities, Innovation and Economic Growth - Policymaking for Freedom and Efficiency (Paperback)
Loot Price: R1,266
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Capabilities, Innovation and Economic Growth - Policymaking for Freedom and Efficiency (Paperback)
Series: Routledge Studies in Development Economics
Expected to ship within 12 - 17 working days
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The question of whether we can foster growth and innovation while
promoting individual freedoms poses a challenge for everyone
studying and working on innovation and development policies. Whilst
innovation literature is largely dominated by a focus on
efficiency, development literature tends to focus on equality and
pays less attention to mechanisms fostering economic and social
change. This book aims to move beyond these barriers and to
identify development policies that foster both efficiency and
equality, exploring the connection between innovation policies and
the improvement of individual freedoms. Capabilities, Innovation
and Economic Growth argues that we can answer these questions by
focusing on the relation between Amartya Sen's human development
approach and the Neo-Schumpeterian analysis of innovation systems.
After considering the connections between the two schools of
thought and the way they enrich each other's perspectives, chapters
go on to show how policy can support virtuous circles in which
innovation, human development and economic growth interact and
mutually reinforce each other. This is undertaken through the
descriptive analysis and the empirical testing of a sample of
nations and European regions. The volume concludes with an
exploration of the contribution that the capabilities approach can
give to the design of innovation policy, and with the analysis of
macroeconomic policies favorable to innovation and human
development. This will be essential reading for: students and
academic economists interested in development, growth and
innovation; policy makers and officers in charge of defining
development and innovation plans at national and regional level;
and consultants and managers in development agencies implementing
innovation and development projects.
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