Arbeitspapier

Technical change and economic growth: Some lessons from secular patterns and some conjectures on the impact of ICT technologies

This paper discusses the link between patterns of technological change and economic development taking an evolutionary perspective. We argue that the modes and timing of such coupled dynamics are deeply influenced by the emergence of new techno-economic paradigms or regimes. ICT-based technologies are the drivers of the current paradigm, which, we show, is still at an early stage of diffusion, particularly for developing countries. Building from historical evidence, we argue that catching up of developing countries critically depends on their ability to master the technology behind the dominant technoeconomic paradigm. We then discuss threats and opportunities related to a possible ICTbased development path.

Language
Englisch

Bibliographic citation
Series: LEM Working Paper Series ; No. 2008/01

Classification
Wirtschaft
Subject
Technical change
Economic Growth
ICT
Technischer Fortschritt
Innovation
Informationstechnik
Wirtschaftswachstum
Evolutionsökonomik
Schätzung
OECD-Staaten

Event
Geistige Schöpfung
(who)
Castaldi, Carolina
Dosi, Giovanni
Event
Veröffentlichung
(who)
Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)
(where)
Pisa
(when)
2008

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Castaldi, Carolina
  • Dosi, Giovanni
  • Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM)

Time of origin

  • 2008

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