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Federal Government Initiatives and the Foundations of the Information Technology Revolution: Lessons from History

There is little argument that early investment in computing and communications (C&C) research and development has paid off, given the growth and vitality of the computing industry in the US. Less clear are how and why federal C&C research support has been effective overall; guidance for futu...

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Bibliographic Details
Published in:The American economic review 1998-05, Vol.88 (2), p.34-39
Main Author: Blumenthal, Marjory S.
Format: Article
Language:English
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Summary:There is little argument that early investment in computing and communications (C&C) research and development has paid off, given the growth and vitality of the computing industry in the US. Less clear are how and why federal C&C research support has been effective overall; guidance for future research policy can come from an examination of history. This paper outlines how the organization of federal funding for C&C R&D has helped to make such funding so fertile, noting dimensions that may be of during value even as circumstances change. It focuses on the High Performance Computing and Communications Initiative of the 1980s and early 1990s, which evolved from earlier funding programs and influences current programs and prospects. By design, the paper emphasizes positive aspects that may be relevant for the future.
ISSN:0002-8282
1944-7981