Science and Technology Policy in Interdependent Economies by David C. Mowery

By David C. Mowery

Economic coverage debates have committed expanding awareness to the layout and implementation of guidelines to help the expansion of high-technology businesses and industries. within the usa this specialise in `technology coverage' has been inspired by way of related debates and coverage experiments in different commercial economies, significantly Japan and Western Europe. The family U.S. debate over help for know-how improvement and nationwide competitiveness has been hampered by means of significant conceptual flaws -- the call for for fast monetary effects from uncomplicated examine and contemplating nationwide expertise guidelines self sustaining of advancements within the overseas economic system.
This quantity addresses those deficiencies within the research of know-how coverage by way of interpreting a couple of concerns confronted through managers and public officers in business and industrializing economies which are now associated heavily via foreign flows of products, capital, and know-how. The ebook lays out an analytical framework for the learn of nationwide regulations in the direction of know-how and technological know-how. furthermore, the e-book addresses the complicated matters raised by way of interdependence one of the private and non-private associations governing the construction, commercialization, and adoption of recent expertise in numerous nationwide economies. eventually, the e-book studies the improvement of 2 worldwide high-technology industries: aerospace and semiconductor parts.

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Demonstration projects accelerated commercialization or adoption of technologies when technological uncertainties were low, when significant cost-sharing with nonfederal participants (including local governments in some cases) was present, when initiation and administration of 34 Science and Technology Policy in Interdependent Economies the project involved nonfederal participants who also had responsibility for the technology's diffusion, when a strong private sector network existed for commercialization, and when time constraints were not unrealistic.

This characteristic of the dominant component of federal R&D spending (see Table 2-2) historically has imparted a strong bias to the overall federal R&D budget in favor of development. In 1983, "development" expenditures accounted for more than 88 percent of federal defense R&D and 31 percent of federal nondefense R&D spending. S. 4S Assessing the impact of military R&D spending on innovative performance in civilian products is complicated by the fact that the influence of 42 Science and Technology Policy in Interdependent Economies such spending can easily be confounded with that of military procurement.

Technology policy should be designed to attract high-value-added activities, employment, and industries to one's soil. , interactions between users and producers that operate more efficiently among firms headquartered in the same nation), may nevertheless lead one to favor ownership as a policy criterion. News accounts of the Clinton Administration's debates over the treatment of foreign-owned enterprises in the United States suggest that the administration is assigning greater importance to location than to ownership and may favor foreign-owned providers of high-wage skilled jobs (see Davis, 1993).

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Science and Technology Policy in Interdependent Economies by David C. Mowery
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