Is National Technology Policy Obsolete in a Globalised World? The Japanese Response

Martin Fransman ()

Cambridge Journal of Economics, 1995, vol. 19, issue 1, 95-119

Abstract: It is increasingly argued that, in a world where trade, business and finance, and science and technology cross national borders, attempts by national governments and firms to appropriate the fruits of national technology programs are doomed to fail. Japan, although a late globalizer, is becoming increasingly globalized. However, Japanese policymakers have responded by internationalizing Japan's technology policy while retaining its national objectives. This paper examines if these policies are doomed to fail or if they can be justified and, if the latter, whether the Japanese case is special or if it is at least to some extent valid for large Western countries. (c) 1995 Academic Press, Inc. Copyright 1995 by Oxford University Press.

Date: 1995
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