Science and Technology Policy in Interdependent Economies

The book examines the complexities of economic policy related to high-technology firms, highlighting the influence of international practices from Japan and Western Europe. It critiques the U.S. debate on technology policy for two key flaws: the expectation of immediate economic outcomes from basic research and the tendency to view national technology strategies in isolation from global economic trends. By addressing these issues, the book aims to provide insights into more effective technology policy development and implementation.