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Industrial Policy and DevelopmentThe Political Economy of Capabilities Accumulation$
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Mario Cimoli, Giovanni Dosi, and Joseph E. Stiglitz

Print publication date: 2009

Print ISBN-13: 9780199235261

Published to Oxford Scholarship Online: February 2010

DOI: 10.1093/acprof:oso/9780199235261.001.0001

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Technological Learning, Policy Regimes, and Growth: The Long‐Term Patterns and Some Specificities of a ‘Globalized’ Economy

Technological Learning, Policy Regimes, and Growth: The Long‐Term Patterns and Some Specificities of a ‘Globalized’ Economy

Chapter:
(p.39) 3 Technological Learning, Policy Regimes, and Growth: The Long‐Term Patterns and Some Specificities of a ‘Globalized’ Economy
Source:
Industrial Policy and Development
Author(s):

Carolina Castaldi

Mario Cimoli

Nelson Correa

Giovanni Dosi (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199235261.003.0003

This chapter offers a frame of interpretation for the international patterns of technological innovation and diffusion, and their relations with income growth, in general, but with a particular emphasis on the possible role played by the so-called “globalization” processes of the last couple of decades. It provides a background for the discussion of the role of policies in different countries and different historical periods presented in the chapters that follow. The chapter argues that neither the contemporary evidence nor the theory supports the view that globalization naturally goes hand-in-hand with international convergence: in quite a few cases, the opposite holds. Rather, policy variables continue to be fundamental to the engineering of development processes.

Keywords:   international convergence, international divergence, globalization, knowledge diffusion

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