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Linking Trade and Technology Policies
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On the eve of the twenty-first century, the increasing globalization of technology creates new challenges for American policymakers. The clear economic and technological lead that the United States enjoyed at the end of World War II has now been replaced by intense competition with Japan and other countries that have achieved new and highly effective ways of moving innovations to the marketplace. At the same time, the postwar era of U.S. relative economic and technological self-sufficiency has given way to a world in which U.S. economic prosperity and national security depend increasingly on access to foreign capital, products, services, markets, talent, and technology. Competition and cooperation are both elements of this new global context. A variety of approaches have evolved in Japan, Europe, and the United States for achieving collaboration between the public and private sectors in research and development and, in some cases, in manufacturing and marketing. Paralleling these national experiments has been a rapid proliferation of transnational technical alliances among companies. At the same time, global competition has intensified in many industries, with competition in R&D-intensive or high- technology industries attracting increasing attention and involvement from governments seeking to capture these high value-added, high-growth industries within their national borders.
NATIONAL ACADEMY PRESS - Organizational Body
0-309-58404-3
NONE
Business Policy and Strategy
English
1992
1-177
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