USA

Linda Weiss ()
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Linda Weiss: University of Sydney

Chapter Chapter 13 in Public Procurement, Innovation and Policy, 2014, pp 259-285 from Springer

Abstract: Abstract Despite an influential view of the United States as a neoliberal state with a free market economy, its federal authorities have built the world’s most formidable technology development model based on procurement-driven innovation. Rather than a relatively discrete area of activity in which defence-intensive suppliers interact with security-specific procurers, the procurement system has evolved into a series of hybridised structures in which the lines between public and private, security and commerce, military and civilian have been thoroughly criss-crossed. The chapter concludes that US procurement activism and its entwinement of security and commerce is not an industrial policy, but rather a sui generis phenomenon that has emerged from profoundly strategic goals. While this makes it a powerful element in the national innovation system, it also makes it difficult to emulate or transpose to other settings.

Keywords: Venture Capital; National Security; Commercial Market; Commercial Technology; Venture Capital Fund (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-40258-6_13

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DOI: 10.1007/978-3-642-40258-6_13

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