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Visible Costs and Invisible Benefits - Military Procurement as Innovation Policy (Hardcover, 1st ed. 2017)
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Visible Costs and Invisible Benefits - Military Procurement as Innovation Policy (Hardcover, 1st ed. 2017)
Series: Economics of Science, Technology and Innovation
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This book examines the historic role of professional and demanding
military customers in industrial development. Particular emphasis
is paid to public procurement of military equipment as a catalyst
for innovation; and the civilian commercialization of military
technologies (from gunpowder and cannons to submarines, missiles
and aircraft) is documented by many case illustrations that show
how macro-level productivity advance has been generated. A
complementary volume to Advancing Public Procurement as Industrial
Policy (2010), which focused on the spillover effects of the
Swedish combat aircraft, Gripen, in this book Gunnar Eliasson
widens the perspective to cover product development across the
Swedish defense industry, with an emphasis on regional economic
development and macro-economics, inter alia through the involvement
of Saab (aircraft) and Kockums (submarines) in partnership ventures
in Australia, Norway and Brazil. The volume is organized into four
parts. Part one examines the historical transformation of the
Swedish economy over the past three centuries from agriculture and
raw materials to an advanced industrial economy. Part two presents
detailed case studies to illustrate the spillover effects of
procurement projects and military-industrial partnerships. Part
three explains the spillover phenomenon theoretically within a
dynamic micro- to macro-economic perspective. Particular emphasis
is placed on the empirical credibility of model-based economy-wide
and dynamic cost-benefit calculations. The book concludes with a
section on fostering industrial development through public
procurement. The result is a book that will appeal to economists in
the industrial economics and management fields; to technical,
marketing and purchasing executives in business; and to policy
makers in public procurement concerned with innovation and long-run
industrial development.
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