Nothing Special   »   [go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/eee/respol/v46y2017i3p554-556.html
   My bibliography  Save this article

The social imagination needed for an innovation-led recovery

Author

Listed:
  • Archibugi, Daniele
Abstract
In response to critical comments by Bengt-Åke Lundvall and Edward Steinmueller, I argue that we need to understand why the economic crisis has been so long, so deep and so wide. Even though it originated in the financial sector, a recovery has not yet materialised because existing and potential technological opportunities have not been exploited. An innovation-based recovery will need to take advantage of these opportunities and will also require a favourable institutional environment. Pro-active public intervention in science and technology will additionally be required, combined with new social imagination.

Suggested Citation

  • Archibugi, Daniele, 2017. "The social imagination needed for an innovation-led recovery," Research Policy, Elsevier, vol. 46(3), pages 554-556.
    • Handle: RePEc:eee:respol:v:46:y:2017:i:3:p:554-556
    DOI: 10.1016/j.respol.2016.09.018
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0048733316301561
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.respol.2016.09.018?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Robert J. Gordon, 2016. "The Rise and Fall of American Growth: The U.S. Standard of Living since the Civil War," Economics Books, Princeton University Press, edition 1, number 10544.
    2. Evangelista, Rinaldo & Vezzani, Antonio, 2010. "The economic impact of technological and organizational innovations. A firm-level analysis," Research Policy, Elsevier, vol. 39(10), pages 1253-1263, December.
    3. Freeman, Chris & Louca, Francisco, 2002. "As Time Goes By: From the Industrial Revolutions to the Information Revolution," OUP Catalogue, Oxford University Press, number 9780199251056.
    4. Archibugi, Daniele & Filippetti, Andrea, 2018. "The retreat of public research and its adverse consequences on innovation," Technological Forecasting and Social Change, Elsevier, vol. 127(C), pages 97-111.
    5. Revoltella, Debora & Brutscher, Philipp-Bastian & Tsiotras, Alexandra & Weiss, Christoph, 2016. "Infrastructure investment in Europe and international competitiveness," EIB Working Papers 2016/01, European Investment Bank (EIB).
    6. Simona Iammarino & Philip McCann, 2013. "Multinationals and Economic Geography," Books, Edward Elgar Publishing, number 15181.
    7. Richard R Nelson, 2011. "The Moon and the Ghetto revisited," Science and Public Policy, Oxford University Press, vol. 38(9), pages 681-690, November.
    8. Faïz Gallouj & Paul Windrum, 2009. "Services and services innovation," Journal of Evolutionary Economics, Springer, vol. 19(2), pages 141-148, April.
    9. Faïz Gallouj & Maria Savona, 2009. "Innovation in services: a review of the debate and a research agenda," Journal of Evolutionary Economics, Springer, vol. 19(2), pages 149-172, April.
    10. Filippetti, Andrea, 2010. "Harnessing the 'essential tension' of design: The complex relationship between the firm and designer consultants," MPRA Paper 22002, University Library of Munich, Germany.
    11. Freeman, Chris, 2001. "A hard landing for the 'New Economy'? Information technology and the United States national system of innovation," Structural Change and Economic Dynamics, Elsevier, vol. 12(2), pages 115-139, July.
    12. Faïz Gallouj, 2009. "Services and Innovation," Post-Print halshs-01113947, HAL.
    13. Carlota Perez, 2002. "Technological Revolutions and Financial Capital," Books, Edward Elgar Publishing, number 2640.
    14. Joel Mokyr & Chris Vickers & Nicolas L. Ziebarth, 2015. "The History of Technological Anxiety and the Future of Economic Growth: Is This Time Different?," Journal of Economic Perspectives, American Economic Association, vol. 29(3), pages 31-50, Summer.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Szalavetz, Andrea, 2018. "Digitális átalakulás és fenntarthatóság. A technológiaoptimista környezetgazdászok és a pesszimista ökológiai közgazdászok közötti vita újraindítása [Digital transformation and environmental sustai," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(10), pages 1067-1088.
    2. Eric Hansen & Erlend Nybakk, 2018. "Response to the global financial crisis: a follow-up study," Journal of Innovation and Entrepreneurship, Springer, vol. 7(1), pages 1-12, December.
    3. Armand, Alex & Mendi, Pedro, 2018. "Demand drops and innovation investments: Evidence from the Great Recession in Spain," Research Policy, Elsevier, vol. 47(7), pages 1321-1333.
    4. Muscio, Alessandro, 2023. "The ambiguous role of science and technology in Marvel superhero comics: From their ‘Golden Age’ to the present-day," Technological Forecasting and Social Change, Elsevier, vol. 186(PB).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Daniele Archibugi & Bengt-Åke Lundvall & Edward Steinmueller, 2016. "Science Fiction and Economic Cycles. A Dialogue on Technological Expectations," Management Working Papers 12, Birkbeck Department of Management, revised Nov 2016.
    2. Daniele Archibugi & Bengt-Ã…ke Lundvall & Edward Steinmueller, 2016. "(English) Science Fiction and Economic Cycles. A Dialogue on Technological Expectations (Italiano) Fantascienza e cicli economici. Un dialogo sulle aspettative tecnologiche," IRPPS Working Papers 90:2016, National Research Council, Institute for Research on Population and Social Policies.
    3. Archibugi, Daniele & Filippetti, Andrea & Frenz, Marion, 2013. "The impact of the economic crisis on innovation: Evidence from Europe," Technological Forecasting and Social Change, Elsevier, vol. 80(7), pages 1247-1260.
    4. Chang, Yuan-Chieh & Chen, Min-Nan, 2016. "Service regime and innovation clusters: An empirical study from service firms in Taiwan," Research Policy, Elsevier, vol. 45(9), pages 1845-1857.
    5. Rinaldo Evangelista & Maria Savona, 2010. "Innovation and Employment in Services," Chapters, in: Faïz Gallouj & Faridah Djellal (ed.), The Handbook of Innovation and Services, chapter 16, Edward Elgar Publishing.
    6. Archibugi, Daniele, 2017. "Blade Runner economics: Will innovation lead the economic recovery?," Research Policy, Elsevier, vol. 46(3), pages 535-543.
    7. Alessandro Nuvolari & Emanuele Russo, 2019. "Technical progress and structural change: a long-term view," LEM Papers Series 2019/17, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    8. Jose-Luis Hervas-Oliver & Francisca Ripoll-Sempere & Carles Boronat Moll, 2016. "Does management innovation pay-off in SMEs? Empirical evidence for Spanish SMEs," Small Business Economics, Springer, vol. 47(2), pages 507-533, August.
    9. Sandro Montresor, 2018. "Innovation in tourism," Tourism Economics, , vol. 24(7), pages 765-780, November.
    10. Francesco Bogliacino & Mario Pianta, 2016. "The Pavitt Taxonomy, revisited: patterns of innovation in manufacturing and services," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 33(2), pages 153-180, August.
    11. Francesca Mameli & Simona Iammarino & Ron Boschma, 2012. "Regional variety and employment growth in Italian labour market areas: services versus manufacturing industries," Papers in Evolutionary Economic Geography (PEEG) 1203, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Feb 2012.
    12. Frank Crowley & Jane Bourke, 2017. "The Influence Of Human Resource Management Systems On Innovation: Evidence From Irish Manufacturing And Service Firms," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 21(01), pages 1-28, January.
    13. John Cantwell, 2014. "A commentary on Grazia Ietto-Gillies' paper: 'The Theory of the Transnational Corporation at 50+'," Economic Thought, World Economics Association, vol. 3(2), pages 1-58, September.
    14. Faridah Djellal & Faïz Gallouj, 2010. "Invisible innovation and hidden performance in services: a challenge for public policy," Post-Print hal-01672583, HAL.
    15. Homayounfard, Amir & Zaefarian, Ghasem, 2022. "Key challenges and opportunities of service innovation processes in technology supplier-service provider partnerships," Journal of Business Research, Elsevier, vol. 139(C), pages 1284-1302.
    16. Faïz Gallouj & Luis Rubalcaba & Paul Windrum, 2013. "Conclusions and agenda for future research," Chapters, in: Faïz Gallouj & Luis Rubalcaba & Paul Windrum (ed.), Public–Private Innovation Networks in Services, chapter 18, pages 462-486, Edward Elgar Publishing.
    17. Shr-Wei Kao & Pin Luarn, 2020. "Topic Modeling Analysis of Social Enterprises: Twitter Evidence," Sustainability, MDPI, vol. 12(8), pages 1-20, April.
    18. Crass, Dirk & Schwiebacher, Franz, 2013. "Do trademarks diminish the substitutability of products in innovative knowledge-intensive services?," ZEW Discussion Papers 13-061, ZEW - Leibniz Centre for European Economic Research.
    19. Nicola De Liso & Anna Serena Vergori, 2017. "The Different Approaches to the Study of Innovation in Services in Europe and the USA," Metroeconomica, Wiley Blackwell, vol. 68(1), pages 121-146, February.
    20. Koskela-Huotari, Kaisa & Edvardsson, Bo & Jonas, Julia M. & Sörhammar, David & Witell, Lars, 2016. "Innovation in service ecosystems—Breaking, making, and maintaining institutionalized rules of resource integration," Journal of Business Research, Elsevier, vol. 69(8), pages 2964-2971.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:respol:v:46:y:2017:i:3:p:554-556. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/respol .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.