Innovation theory, systems and indicators

Systems of Innovation and Economic Theory – a Genealogical Approach

IERI Working Paper 2018-001
Mario Scerri

This paper traces the development of thought on the economics of innovation from perspective of discourse formations in order to assess the placement of the system of innovation approach in economic theory. In order to do this, a genealogical approach is used in order to chart the development of the study of innovation within an evolutionary perspective, in relation to the evolution of liberal, neoclassical and neoliberal economics.

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