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Technology Policy: Is America on the Right Track?

The issues surrounding US competitiveness and Lewis M. Branscomb's proposal for a new national technology policy outlined in his article "Does America Need a Technology Policy" are debated. In the proposal, what matters is not creating new technology but absorbing and applying innovat...

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Bibliographic Details
Published in:Harvard business review 1992-05, Vol.70 (3), p.140-140
Main Authors: Hillis, W Daniel, Burton, Daniel F, Costello, Robert B, White, Robert M, Weidenbaum, Murray, Georghiou, Luke, Colombo, Umberto, Schnieder, Leslie, Lee, Thomas H, Gorte, Julie Fox
Format: Magazinearticle
Language:English
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Summary:The issues surrounding US competitiveness and Lewis M. Branscomb's proposal for a new national technology policy outlined in his article "Does America Need a Technology Policy" are debated. In the proposal, what matters is not creating new technology but absorbing and applying innovations quickly. Instead of concentrating on the supply of new technologies, the US government should stimulate demand for innovative ideas by encouraging collaborative research, investing in technological infrastructure, emphasizing the importance of precompetitive research, and helping companies improve their capacity to adopt innovations to specific business needs. Executive vice president Daniel F. Burton of the Council on Competitiveness agrees that simply generating new technology is not enough and that national security and international competitiveness depend on putting new technology to work in practical applications.
ISSN:0017-8012