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Cover of The economics of R&D policy

The economics of R&D policy

By Gregory Tassey

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Publish Date

1997

Publisher

Quorum

Language

eng

Pages

245

Description:

This book offers models and analysis of the economic elements that drive technology-based growth with emphasis on their implications for policy analysis. It also compares existing U.S. policies with those used in Europe and Japan. The results of these models and analysis is a framework for matching various forms of underinvestment with efficient strategic and policy responses. This market-failure based approach enables industry and government R&D initiatives to be developed, analyzed, and implemented with greater success than previously attained.