Why should managers be thinking about technology policy?

Richard Nelson

Strategic Management Journal, 1995, vol. 16, issue 8, 581-588

Abstract: Courses on the management of innovation and technology seldom treat government technology policies, and the issues they pose for business management. This is unfortunate. In many fields business has a big stake in government technology policies. They can help business, be a waste of money, or actually hurt business. This essay considers three broad issues in contemporary technology policy, that are of significant consequence to business: government support of applied research, the question of how to deal with the decline in business‐funded basic research, and the complex questions about intellectual property rights.

Date: 1995
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