I really doubt it. For good or for bad I don't think any non-capitalist society could push technological innovation as fast as a capitalist society.It simply wouldn't be convenient. With the "law of competition" dead why would people innovate as quickly? It would be completely superfluous. This is not to say that people would stop developing society, as such. But I think that the difference here would be (hopefully) to develop "outwards" rather than "upwards"; to develop "depth" rather than "appearance".
What I mean is: don't conflate scientific progress with economic development (which a few people have done already). Its the connections between the two that's important.