Keynote EAEPE Development Economics Symposium Berlin 2017

Related Content

Srinivas, S. (forthcoming, 2017) “Evolutionary Demand, Innovation, Development” in D. Nathan, S. Sarkar, and M. Tewari (Eds). Upgrading and Innovation in Global Value Chains in Asia (Cambridge University Press);

“The world urgently needs a G 20 solving global problems and investing in a global culture of cooperation. ‘Our country first’-movements are threatening stability, wealth and peace in our interdependent world.”

--DIRK MESSNER,CO-CHAIR T20, DIRECTOR OF THE GERMAN DEVELOPMENT INSTITUTE / DEUTSCHES INSTITUT FÜR ENTWICKLUNGSPOLITIK (DIE)

Gateway House: T20: Thinking for G20

The T20 during

Germany’s G20 Presidency

http://www.t20germany.org/

This article argues that the technological innovation is a contextual process whose relevance should be assessed depending on the socio-economic condition it is embedded in. Without this, technology-led economic policies (of Catch-Up varieties) are unlikely to meet the needs of most people, especially in countries where innovation and poverty reside side by side. We analyze micro-level account of the cognitive and socio-economic context within which innovations arise and argue that a process of real importance is being sidelined: the ability to innovate under 'scarcity' conditions.