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Capabilities Accumulation and Development: What History Tells the Theory

  • Giovanni Dosi
  • , Xiaodan Yu
  • Sant'Anna School of Advanced Studies

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Development, catching up, and possibly forging ahead have to do with the technological, institutional, and policy dynamics associated with the great transformation—borrowing Karl Polanyi’s (1944) expression—leading from traditional, mostly rural economies to economies driven by industrial activities (and nowadays also advanced services), able to systematically learn how to implement and eventually how to generate new products and new ways of producing under conditions of dynamic increasing returns (Brandt and Rawski, 2008, use the same expression with reference to the Chinese miracle).
Original languageEnglish
Title of host publicationThe Oxford Handbook of China Innovation
PublisherOxford University Press
Pages29-55
Number of pages27
Volume2021
ISBN (Print)9780190900564
DOIs
Publication statusPublished - 2021

All Science Journal Classification (ASJC) codes

  • General Economics,Econometrics and Finance
  • General Business,Management and Accounting

Keywords

  • Capability accumulation
  • Catching up
  • Chinese industrialization
  • Industrial policies
  • Knowledge
  • Technological paradigms
  • Technological trajectories

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