Information Structure and Coordination in Technology Policy: A Theoretical Model and Two Case Studies

Dominique Foray and Patrick Llerena

Journal of Evolutionary Economics, 1996, vol. 6, issue 2, 157-73

Abstract: The main purpose of our paper is to present a model which allows a comparison of different types of technology policies to be made. It appears that there is a kind of model which is appropriate to that purpose but which belongs to the theory of the firm. Indeed, one of the characteristics of technology policies is the degree of centralization of decision; as it is in the design of firm organization. It seems that a model like AOKI's (1986) presents sufficient properties to be used in our frameworks for technology policies, more precisely diffusion and mission oriented policies. This framework will be applied to the case of some technology policies in the Federal Republic of Germany (before re-unification): programmes in production technologies and the Transrapid programme.

Date: 1996
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