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German Technology Policy: Institutions, Objectives and Economic Efficiency

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  • Klodt Henning

    (Institut für Weltwirtschaft an der Universität Kiel D - 24100 Kiel)

Abstract

The economic analysis of technology policy suggests non-distortive public support of private innovative activities with a stress upon basic rather than applied research. Actual technology policy in Germany is marked by a high degree of sectoral selectivity which results from the dominance of direct project support. The second main feature of the German innovation system is the persistence of public research institutions, although technological priorities have significantly changed over time. Public support to private R&D should be reoriented towards indirect measures, and public research institutions should be more exposed to competition.

Suggested Citation

  • Klodt Henning, 1998. "German Technology Policy: Institutions, Objectives and Economic Efficiency," Zeitschrift für Wirtschaftspolitik, De Gruyter, vol. 47(2), pages 142-163, August.
    • Handle: RePEc:lus:zwipol:v:47:y:1998:i:2:p:142-163:n:3
    DOI: 10.1515/zfwp-1998-0203
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    Cited by:

    1. Siebert, Horst & Stolpe, Michael, 2001. "Technology and economic performance in the German economy," Kiel Working Papers 1035, Kiel Institute for the World Economy (IfW Kiel).
    2. Karl Helmut & Antje Möller & Rüdiger Wink, 2003. "Regional Industrial Policies In Germany," CERIS Working Paper 200309, CNR-IRCrES Research Institute on Sustainable Economic Growth - Torino (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY.

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