Book contents
- Frontmatter
- Contents
- Preface
- Techno-Economic Paradigms
- 1 Introduction: Carlota Perez and Evolutionary Economics
- 2 Developing Innovation Capability: Meeting the Policy Challenge
- 3 Slow Food, Slow Growth … Slow ICT: The Vision of Ambient Intelligence
- 4 Technical Change and Structural Inequalities: Converging Approaches to Problems of Underdevelopment
- 5 The New Techno-Economic Paradigm and its Impact on Industrial Structure
- 6 Governance in and of Techno-Economic Paradigm Shifts: Considerations for and from the Nanotechnology Surge
- 7 Innovation Policy and Incentives Structure: Learning from the Mexican Case
- 8 Schumpeter's Business Cycles and Techno-Economic Paradigms
- 9 Asian Innovation Experiences and Latin American Visions: Exploiting Shifts in Techno-Economic Paradigms
- 10 Doing Capitalism: Notes on the Practice of Venture Capitalism (Revised and Extended)
- 11 Small States, Innovation and Techno-Economic Paradigms
- 12 Financial Experimentation, Technological Paradigm Revolutions and Financial Crises
- 13 Why the New Economy is a Learning Economy
- 14 The Art of Macro-Qualitative Modelling: An Exploration of Perez' Sequence Model of Great Surges
- 15 Technology, Institutions and Economic Development
- 16 Techno-Economic Paradigms and the Migration (Relocation) of Industries to the Peripheries
- 17 On the Discreet Charm of the (Rentier) Bourgeoisie: The Contradictory Nature of the Installation Period of a New Techno-Economic Paradigm
- 18 Production-Based Economic Theory and the Stages of Economic Development: From Tacitus to Carlota Perez
- 19 Carlota Perez' Contribution to the Research Programme in Public Management: Understanding and Managing the Process of Creative Destruction in Public Institutions and Organizations
- 20 Carlota Perez – Her Biography and the Origins of her Ideas
- Notes
- Bibliography Carlota Perez
2 - Developing Innovation Capability: Meeting the Policy Challenge
Published online by Cambridge University Press: 05 March 2012
- Frontmatter
- Contents
- Preface
- Techno-Economic Paradigms
- 1 Introduction: Carlota Perez and Evolutionary Economics
- 2 Developing Innovation Capability: Meeting the Policy Challenge
- 3 Slow Food, Slow Growth … Slow ICT: The Vision of Ambient Intelligence
- 4 Technical Change and Structural Inequalities: Converging Approaches to Problems of Underdevelopment
- 5 The New Techno-Economic Paradigm and its Impact on Industrial Structure
- 6 Governance in and of Techno-Economic Paradigm Shifts: Considerations for and from the Nanotechnology Surge
- 7 Innovation Policy and Incentives Structure: Learning from the Mexican Case
- 8 Schumpeter's Business Cycles and Techno-Economic Paradigms
- 9 Asian Innovation Experiences and Latin American Visions: Exploiting Shifts in Techno-Economic Paradigms
- 10 Doing Capitalism: Notes on the Practice of Venture Capitalism (Revised and Extended)
- 11 Small States, Innovation and Techno-Economic Paradigms
- 12 Financial Experimentation, Technological Paradigm Revolutions and Financial Crises
- 13 Why the New Economy is a Learning Economy
- 14 The Art of Macro-Qualitative Modelling: An Exploration of Perez' Sequence Model of Great Surges
- 15 Technology, Institutions and Economic Development
- 16 Techno-Economic Paradigms and the Migration (Relocation) of Industries to the Peripheries
- 17 On the Discreet Charm of the (Rentier) Bourgeoisie: The Contradictory Nature of the Installation Period of a New Techno-Economic Paradigm
- 18 Production-Based Economic Theory and the Stages of Economic Development: From Tacitus to Carlota Perez
- 19 Carlota Perez' Contribution to the Research Programme in Public Management: Understanding and Managing the Process of Creative Destruction in Public Institutions and Organizations
- 20 Carlota Perez – Her Biography and the Origins of her Ideas
- Notes
- Bibliography Carlota Perez
Summary
Introduction
The challenge of innovation is clear – if businesses fail to change what they offer or the ways in which they create and deliver those offerings (product and process innovation), they risk being outpaced in an increasingly competitive global environment. Even those with the capacity to innovate their products and processes risk challenge from others with alternative business models or marketing propositions. So innovation is important – but the key issue is not in the innovation itself, but rather the capability within the organization to repeat the trick, to produce a continuing stream of innovation in a dynamic and shifting environment.
We have a growing understanding of the elements that make up such ‘innovation capability’ (IC) derived from extensive research on the innovation process. From a comparatively early stage interest grew in looking at innovation not simply in terms of its nature (i.e., radical or incremental) or the sources (i.e., knowledge push or demand pull), but rather how the process was organized and managed (Tidd et al. 2005). A variety of studies began to draw attention to the range of managerial and organizational factors that affected whether and how a firm innovated (Carter and Williams 1957; Langrish et al. 1972; Rothwell 1977; Cooper 2001).
Other strands of research have also contributed to our understanding; for example, development studies focused extensively on issues of learning and of technology transfer and helped us understand the nature of the capabilities needed to move from a position of technological dependence to one of strength (Lall 1992; Bell and Pavitt 1993; Figuereido 2001).
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- Information
- Techno-Economic ParadigmsEssays in Honour of Carlota Perez, pp. 19 - 38Publisher: Anthem PressPrint publication year: 2009