Technology Policy Requires Picking Winners

Robert W. Rycroft and Don E. Kash
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Robert W. Rycroft: George Washington University
Don E. Kash: George Mason University

Economic Development Quarterly, 1992, vol. 6, issue 3, 227-240

Abstract: Before the United States can create the capability to compete in the international market place, it must address the need for organizational systems that are composed of components from both the public and private sectors. This article investigates the constraints on effective policy resulting from: (1) ideology and economic theory, (2) an inaccurate reading of history, and (3) an outdated interpretation of technological innovation. The article concludes that one cannot have a technology policy if one does not create systems that can pick winners.

Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:sae:ecdequ:v:6:y:1992:i:3:p:227-240

DOI: 10.1177/089124249200600301

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