From Mission to Commercial Orientation: Perils and Possibilities for Federal Industrial Technology Policy

Maryellen Kelley ()

Economic Development Quarterly, 1997, vol. 11, issue 4, 313-328

Abstract: During the 1990s, the federal government developed a new post-Cold War commercial orientation in some of its technology policies. These initiatives signify a change in direction from the strictly military-led, mission-driven approach of the past. Their shared goal is to assist industry in achieving technical advances that provide private returns to the innovating (or technology-using)firms that also yield broad social and economic benefits to the nation as a whole. This new direction in policy is not without its perils. Government agencies have to define and manage new roles and relationships with industry in carrying out these policies. Because of the uncertainties involved in any effort (private or public) to advance new technologies, there will inevitably be some failures. In this transition to a new post-Cold War policy era, these provide important learning opportunities for policy makers and program administrators in designing future programs.

Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:sae:ecdequ:v:11:y:1997:i:4:p:313-328

DOI: 10.1177/089124249701100404

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