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Silicon and the State - French Innovation Policy in the Internet Age (Paperback, illustrated edition)
Loot Price: R578
Discovery Miles 5 780
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Silicon and the State - French Innovation Policy in the Internet Age (Paperback, illustrated edition)
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Loot Price R578
Discovery Miles 5 780
Expected to ship within 12 - 17 working days
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In the early 1990s, French officials viewed with some concern the
emerging and innovative high-technology sectors of the U.S. and
British marketplace. Fearful of falling too far behind, the French
government implemented a vast array of policies -from tax
incentives for investing in risky high-tech start-ups to new
standards for electronic signatures -designed to promote the
commercialization of new economy technologies in France. The
efforts have turned French innovation policy on its head.
Traditional government and bank-financed research and development
were replaced by private venture capital. Professionals in France's
technical elite -long accustomed to a secure career track in
prestigious laboratories and industrial conglomerates -began moving
into risky entrepreneurial ventures. New technologies, once
developed exclusively by France's national champions of the
marketplace, such as Ariane, Airbus, and Renault, began to be
commercialized by technology start-ups. Efforts to promote the new
economy, however, have proved politically and socially contentious.
Many French policymakers and public intellectuals fear that
regulatory liberalization might threaten or undermine state
sovereignty. Gunnar Trumbull investigates France's experience in
adapting to the requirements of innovation in the new information
and communications technology (ICT) sectors by focusing on events
over a six-year period, from 1996 to 2002. This short stretch of
time proved a crucible for French leaders and businesspeople: it
saw dramatic efforts at regulatory reform; a boom in technology
start-ups, venture capital, and initial public offerings; the
spread of the Internet; and then a collapse in the Internet market,
accompanied by a broader economic decline. The new challenges of
the ICT revolution were confronted, and new policies and practices
were tested and stressed. The author describes France's new
technology policy as both boldly new and familiarly French. He
commends the French state for continuing to play a central role in
shaping France's new economy and argues that the new reforms
actually reinforce the role and autonomy of the state.
Acknowledging that the government's solutions have not been
elegant, Trumbull asserts that they nonetheless offer a workable
accommodation of French values to the requirements of
competitiveness in the new economy sectors and provide a model for
others. Silicon and the State provides important new insight into
the way France has worked to reconcile its traditions of state
engagement and social solidarity with the challenges the country
faces from new economy technologies.
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