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Innovation as a Political Process of Development: Are Neo-Schumpetarians Value Neutral?

Papaioannou, Theo and Srinivas, Smita (2016). Innovation as a Political Process of Development: Are Neo-Schumpetarians Value Neutral? In: SPRU’s 50th Anniversary Conference on Transforming Innovation, 7-9 September 2016, University of Sussex.

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Abstract

Since the reconstruction of Joseph Schumpeter’s view of innovation as a driver of capitalist development and the subsequent formation of the national innovation systems (NIS) theory in the early 1990s that can be described as neo-Schumpeterian, there has been a continuous attempt to analyse innovation. However, much of this has positioned innovation as a value-neutral process. We argue that such value-neutrality requires closer analysis because the neo-Schumpeterian thinkers do appear to acknowledge that capitalism itself is an uneven, dynamic process. The relationship between the vital dynamism of such analysis of technological change and the context of its description of power relations and value deserves further attention. Under what conditions are systemic interactions between institutions and actors potentially universalisable? Can the theory of innovation be abstracted from its social and political bases? This paper aims to redefine innovation as a predominately political process that is both historical and contextual, and thus draw out its implications for development politics.

Item Type: Conference or Workshop Item
Copyright Holders: 2016 The Authors
Keywords: innovation; Joseph Schumpeter; evolutionary economics; political economy of development
Academic Unit/School: Faculty of Arts and Social Sciences (FASS) > Politics, Philosophy, Economics, Development, Geography
Faculty of Arts and Social Sciences (FASS)
Interdisciplinary Research Centre: Centre for Citizenship, Identities and Governance (CCIG)
Innovation, Knowledge & Development research centre (IKD)
OpenSpace Research Centre (OSRC)
International Development & Inclusive Innovation
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Item ID: 47347
Depositing User: Theo Papaioannou
Date Deposited: 23 Sep 2016 10:05
Last Modified: 04 Sep 2017 09:08
URI: http://oro.open.ac.uk/id/eprint/47347
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