Technology policy in the 21st century: How will we adapt to complexity?
Don E Kash and
Robert Rycroft
Science and Public Policy, 1998, vol. 25, issue 2, 70-86
Abstract:
Technology is becoming ever more complex and this has important implications for national technology policies. A major US policy challenge is how to formulate and implement policies effectively when innovation cannot be understood. Using a review of the complexity-science and evolutionary-economics literature, and six case studies of evolving complex technologies, this paper concludes that there are five common patterns which policy must recognize: seamlessness, diversity continuous change, lack of understanding, and the predictability of incremental innovation steps. The self-conscious development of a US national innovation system as a policy priority is important, because technology policies must cover all elements of the innovation process holistically. Copyright , Beech Tree Publishing.
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:oup:scippl:v:25:y:1998:i:2:p:70-86
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