3946172
Descripción
Mapa Mental por stella.kalis, actualizado hace más de 1 año
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Creado por stella.kalis
hace alrededor de 9 años
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Public Policy Approaches
- 0. Preface:
- Economy is a Complex System
- in LR largely outside of direct control of
individual policy makers
- in LR largely outside of direct control of
individual policy makers
- take Systems Process Approach
- facilitate community processes
- e.g. communication
- e.g. self-organisation
- e.g. transformative innovation
- e.g. communication
- facilitate community processes
- Economy is a Complex System
- 1. Innovation is key driver of
capitalist system
- process will involve creative destruction
- recessions free up resources used
by inefficiency / defunct firms
- recessions free up resources used
by inefficiency / defunct firms
- policy can encourage or
hinder innovation
- avoid propping up old dying
inefficient industries
- facilitate structural change processes to
speed up destructive process
- social welfare system important
support during digital disruption
- avoid propping up old dying
inefficient industries
- process will involve creative destruction
- 2. Emphasize LR dynamic efficiency
- Long term strategic
direction for a firm, industry
or economy
- strategic trade theory
- strategic trade theory
- invest in building blocks
today for tomorrows
evolutionary development
- more and ealier STEM education,
programming at high school, financial
incentives
- e.g. NBN,
telecommunications
investements
- health and education
- private health care levy
- private health care levy
- superannuation policy
- renewable energy
- govt funded R&D
- Critical for radical innovation, but so much
UNCERTAINTY present
- Strategic role for public investment
- e.g. medical research, renewable energy, defence
- e.g. medical research, renewable energy, defence
- Strategic role for public investment
- more and ealier STEM education,
programming at high school, financial
incentives
- tradeoff between stability and order,
and openness and diversity
- Dynamic VS Static
- will need BOTH but
different situations required
different emphases
- DYNAMIC: creativity,
entrepreneurship, LR
- STATIC: Managerialism, SR
- DYNAMIC: creativity,
entrepreneurship, LR
- will need BOTH but
different situations required
different emphases
- Dynamic VS Static
- allows for sub-optimal frameworks within jurisdiction
- facilitating diverse points of view within system
- e.g. Arts and Humanities funding
- dictatorships dont allow for
diversity -> no innovation
- e.g. Arts and Humanities funding
- facilitating diverse points of view within system
- Long term strategic
direction for a firm, industry
or economy
- 3. Improve Linkages between system components
- encouraging firms to work together
- law & order
- CRC: Cooperative Research Centers
(between govt, universities and private
industry)
- Government can set visions for the future
- these visions can be the catalyst
for increased linkages between
industries
- these visions can be the catalyst
for increased linkages between
industries
- encouraging firms to work together
- 4. Support and encourage experimental behaviour
- economy needs to be tolerant of failure
- social security network
- social security network
- support by gov for R&D, seed
funding, incubators
- economy needs to be tolerant of failure
- 5. Encourage abundant microdiversity and variety
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