Economic policy debates have devoted increasing attention to the
design and implementation of policies to aid the growth of
high-technology firms and industries. In the United States this
focus on technology policy' has been influenced by similar debates
and policy experiments in other industrial economies, notably Japan
and Western Europe. The domestic U.S. debate over support for
technology development and national competitiveness has been
hampered by two major conceptual flaws -- the demand for immediate
economic results from basic research and considering national
technology policies independent of developments in the
international economy. This volume addresses these deficiencies in
the analysis of technology policy by examining a number of issues
faced by managers and public officials in industrial and
industrializing economies that are now linked closely through
international flows of goods, capital, and technology. The book
lays out an analytical framework for the study of national policies
towards technology and science. In addition, the book addresses the
complex issues raised by interdependence among the public and
private institutions governing the creation, commercialization, and
adoption of new technology in different national economies.
Finally, the book reviews the development of two global
high-technology industries: aerospace and semiconductor components.
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