Technology and the Pursuit of Economic Growth
Technology's contribution to economic growth and competitiveness has been the subject of vigorous debate in recent years. This book demonstrates the importance of a historical perspective in understanding the role of technological innovation in the economy. The authors examine key episodes and institutions in the development of the U.S. research system and in the development of the research systems of other industrial economies. They argue that the large potential contributions of economics to the understanding of technology and economic growth have been constrained by the narrow theoretical framework employed within neoclassical economies. A richer framework, they believe, will support a more fruitful dialogue among economists, policymakers, and managers on the organization of public and private institutions for innovation. David Mowery is Associate Professor of Business and Public Policy at the School of Business Administration, University of California, Berkeley. Nathan S. Rosenberg is Fairleigh Dickinson Professor of Economics at Stanford University. He is the author of Inside the Black Box: Technology and Economics (CUP, 1983).
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activities addition Agency American analysis appear applied associated basic research benefits British budget central century Chapter chemical collaboration collaborative ventures commercial aircraft competitive components concern considerable contract contributed cooperative costs declined Defense Department direct discussion domestic early economic effective employment engineering equipment established example expenditures exploitation facilities federal foreign funding growth higher important improvements in-house increased independent industrial research innovation institutions investment involved Japan Japanese Japanese firms knowledge laboratories less major manufacturing materials ment military million needs noted operating organization percent performance period personnel possible postwar problems programs projects recent reduced role scientific sectors share significant sources specific steel structure success suggests Table technical testing tion trade transfer transportation U.S. firms United universities utilization World