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Title:Innovation systems, radical transformation, step-by-step: India in light of China PDF Logo
Authors:Kuznetsov, Yevgeny
Issue Date:2008
Series/Report no.:Research paper / UNU-WIDER 2008.90
Abstract:The paper introduces a reform trajectory we call revolutionary incrementalism in which partial and incremental measures add up to profound transformation. Recent advances in economic theory demonstrate that growth is not hard to start: it almost starts itself, somewhere, sometimes. But keeping it going is not easy: doing so requires attention to the context of growth-binding constraints and situation-specific ways to resolve them. The same goes for institutions: it is almost always possible to find some that are working. The issue is using the ones that work to improve those that don't. The thrust of the proposal is to rely on variation within existing institutions as the Archimedean lever with which to leverage reform and change. India's public sector record for implementing and coordinating innovation efforts can be notoriously fragmented and inefficient but there are some parts that perform better than others, and there are recognized pockets of excellence virtually within every ministry or public sector organization. The same internal diversity is even more visible in the private sector.
Subjects:innovation systems
heterogeneity of institutions
radical incrementalism
search networks
open economy industrial policy
JEL:O32
O38
ISBN:978-92-9230-144-6
Document Type:Working Paper
Appears in Collections:WIDER Research Papers, United Nations University (UNU)

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