Publicly supported non-defense R&D: The USA's Advanced Technology Program

J.-C. Spender ()

Science and Public Policy, 1997, vol. 24, issue 1, 45-52

Abstract: Governments in mixed economies see many reasons to intervene in their private sector's R&D, but the theoretical justifications are hotly debated and poorly researched. The most widely accepted notion is that private R&D has substantial public payoff and that it behooves government to subsidize activities which would otherwise fall victim to failures in the market for infrastructural goods. For this reason, like many other industrialized countries, the USA is experimenting with non-military technology R&D support programs, such as the Department of Commerce's Advanced Technology Program (ATP), established in 1988. This can be illustrated as promoting trajectories through an innovation space formed by partnership between the USA's three institutionally distinct modes of scientific and technological innovation: scientific research; private enterprise; and public-sector management of our society's public goods. Copyright , Beech Tree Publishing.

Date: 1997
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