English, Article, Journal or magazine article edition: Inadequacy of technology and innovation systems at the periphery: notes on Celso Furtado's contributions for a dialogue between evolutionists and structuralists Eduardo da Motta e Albuquerque

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Bookmark: http://trove.nla.gov.au/version/114765
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Inadequacy of technology and innovation systems at the periphery: notes on Celso Furtado's contributions for a dialogue between evolutionists and structuralists
Author
  • Eduardo da Motta e Albuquerque
Physical Description
  • preprint
Notes
  • 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.
  • Celso Furtado, evolutionary theory, innovation systems, welfare systems, catching up process
  • RePEc:cdp:texdis:td254
Language
  • English
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