Celebrating 20 years of Globelics

https://unu-merit-eu.zoom.us/meeting/register/tZUofu6vrTkpHtx79WnVuBA8RjiRxQF4aqFJ On April 1st 2023, Globelics@20 concludes its year-long celebration with a seminar on Innovation for Inclusive Development. Please join us. Two decades of hard work by the wider Globelics leadership is to be celebrated. Smita Srinivas has had involvement with this community as scholar, and serves as one of the Editors of the journal … Read more

Giving shape to the Future

In 2008, Markku Sotarauta and Smita Srinivas peered into the future as best they could and published Sotarauta, M., & Srinivas, S. (2006). Co-evolutionary policy processes: Understanding innovative economies and future resilience. Futures, 38(3), 312-336. In real life, the conversation took a few years and emails to sort ideas and merge a literature on institutions, … Read more

When is Industry “Sustainable” and When are People Healthy?

Srinivas, S. (forth.). When is Industry ‘Sustainable’? The Economics of Institutional Variety in a Pandemic, Special Issue (Lee, Kastelli, Mamica Eds.) Industrial Policy for Sustainable Development, Review of Evolutionary Political Economy. Cases analysed: Oxygen, Ayurveda, India, Covid-19 Photo by Denes Kozma on Unsplash Abstract Industrialising economies today are characterised by a multi-level heterogeneity ofcustoms, norms, … Read more

Patna 2023: For India, From India, with love and ambition

Patna, India

…and possibly some brickbats. TCLab debates will be part of a wider India-focused invitation-only development conference hosted by the Asian Development Research Institute (ADRI, Patna). We expect a lively intellectual conversation on current context and future, with economists, urbanists, agriculturalists, and others. Photo by Sidhant Shreshtha on Unsplash

Pandemic productivity: New publications out

The TCLab Publishing section lists several new edited books, book chapters, journal articles, and new technical reports. We are adding several more to the website pages as fast as we can. Many of these new contributions address the technology and industrial foundations of the pandemic, sustainable development, or social policy in a dynamic context of … Read more

Can Heuristics free Microeconomics and Us?

There’s some hand-waving that goes on in microeconomics when it describes production. How do firms know how and how much to make? Besides firms, how else is production organised in national systems? Are production vector sets useful? Building on Nelson and Winter’s (1984) early insights on some of the challenges of traditional microeconomics, this article … Read more

Innogen with Prof. Smita Srinivas

“The economics discipline is deeply fractured. This is an enormous problem today and it affects not only how we tackle Covid-19, but also climate change, biodiversity, energy challenges, financial crashes…What students are being taught does not capture the enormous advances in evolutionary institutional analyses that have been made.”

Values and the neo-Schumpeterians

“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.”