Chris Freeman - Rationale and Method
Starting point:
New growth theory privileges education, research and experimental development as the basic factors underlying economic growth.
Research and inventive activities account for only a small proportion of “info” employment
Growth of a professionalized system of R&D is
1870s first specialized R&D labs appear in industry.
Adam Smith - "a great part of the machines made use of in those manufactures in which labour is most subdivided, were originally the inventions of common workmen.”
Modern R&D contrasts with this by dint of:
Professionalisation is associated with:
trend towards division of labour creates specialised R&D labs
Freeman, addresses the operation of R&D from traditional economic perspective - efficiency in the deployment of scarce resources.
1. How can we improve the flow of new information, knowledge, inventions and innovations?
Traditional reluctance to examine invention and research in this way creates:
R&D revolution of the 20th C. involves a fundamental change in the relationship between society and technology.
Consider the argument that science and technology and autonomous
Empirical evidence to suggests that science and communication with the scientific community is vital for contemporary technical innovation.
Thus the R&D system represents the point of entry for science into the industrial system.
Improvements and changes now involves some grasp of theoretical scientific principles.
PPT Slide
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