Co-Evolution and Choice in Science and Technology Policy

33 Pages Posted: 13 Mar 2018

Date Written: March 13, 2018

Abstract

In this work, we develop the argument that technological progress emerges from the co-evolution between bodies of practice and bodies of understanding. We formally explore some consequences of the existence of mutually-dependent selection processes at work in both realms (co-evolution), and we extract implications regarding catalysts of co-evolution, as well as blocking factors. Then, we pick out blocking factors, and drawing on the concepts of fuzzy sets and choice structures, we propose a tentative strategy for decision-making within co-evolutionary environments. The analysis and the exploration of this proposal lead us to obtain a statistical index (the T–index) which may be relevant for science and technology policy. We suggest procedures for the application of the index, and we illustrate the whole analysis with a real case (the energy storage problem). Finally, we summarize our conclusions.

Keywords: Innovation, Co-Evolution, Science and Technology Policy, Fuzzy Sets, Choice Structure

JEL Classification: B52, O33, O38

Suggested Citation

Almudi, Isabel and Fatás-Villafranca, Francisco, Co-Evolution and Choice in Science and Technology Policy (March 13, 2018). Available at SSRN: https://ssrn.com/abstract=3139715 or http://dx.doi.org/10.2139/ssrn.3139715

Isabel Almudi (Contact Author)

University of Zaragoza ( email )

Gran Via 2
Zaragoza, 50005
Spain

Francisco Fatás-Villafranca

University of Zaragoza ( email )

Zaragoza, 50005
Spain

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