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Firm Structure, Government Policy, and the Organization of Industrial Research: Great Britain and the United States, 1900–1950

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  • Mowery, David C.

Abstract

An important factor in the poor performance of the British economy in the twentieth century is the low level of investment by British firms in research and development. In this article, Professor Mowery compares the development of industrial research in Great Britain and the United States between 1900 and 1950, focusing on the reasons for the much lower levels of industrial research investment in Britain. He concludes that the substantial British lag can be attributed to differences in corporate structure, educational systems, and government policy.

Suggested Citation

  • Mowery, David C., 1984. "Firm Structure, Government Policy, and the Organization of Industrial Research: Great Britain and the United States, 1900–1950," Business History Review, Cambridge University Press, vol. 58(4), pages 504-531, January.
    • Handle: RePEc:cup:buhirw:v:58:y:1984:i:04:p:504-531_00
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    Cited by:

    1. Lazzarini, Sérgio G., 2012. "Strategizing by the Government: Industrial Policy and Sustainable Competitive Advantage," Insper Working Papers wpe_289, Insper Working Paper, Insper Instituto de Ensino e Pesquisa.
    2. Wu, Jie & Wu, Zefu & Zhuo, Shuaihe, 2015. "The effects of institutional quality and diversity of foreign markets on exporting firms’ innovation," International Business Review, Elsevier, vol. 24(6), pages 1095-1106.
    3. Lin, Grace T.R. & Shen, Yung-Chi & Chou, James, 2010. "National innovation policy and performance: Comparing the small island countries of Taiwan and Ireland," Technology in Society, Elsevier, vol. 32(2), pages 161-172.
    4. Wu, Jie & Ma, Zhenzhong & Zhuo, Shuaihe, 2017. "Enhancing national innovative capacity: The impact of high-tech international trade and inward foreign direct investment," International Business Review, Elsevier, vol. 26(3), pages 502-514.
    5. Powell, Walter W. & Giannella, Eric, 2010. "Collective Invention and Inventor Networks," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 575-605, Elsevier.
    6. Sergio G. Lazzarini, 2015. "Strategizing by the government: Can industrial policy create firm-level competitive advantage?," Strategic Management Journal, Wiley Blackwell, vol. 36(1), pages 97-112, January.
    7. Furman, Jeffrey L. & Porter, Michael E. & Stern, Scott, 2002. "The determinants of national innovative capacity," Research Policy, Elsevier, vol. 31(6), pages 899-933, August.
    8. Han, Sang Yun & Bae, Sung Joo, 2014. "Internalization of R&D outsourcing: An empirical study," International Journal of Production Economics, Elsevier, vol. 150(C), pages 58-73.

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