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Technology Policy Requires Picking Winners

Author

Listed:
  • Robert W. Rycroft

    (George Washington University)

  • Don E. Kash

    (George Mason University)

Abstract

Before the United States can create the capability to compete in the international market place, it must address the need for organizational systems that are composed of components from both the public and private sectors. This article investigates the constraints on effective policy resulting from: (1) ideology and economic theory, (2) an inaccurate reading of history, and (3) an outdated interpretation of technological innovation. The article concludes that one cannot have a technology policy if one does not create systems that can pick winners.

Suggested Citation

  • Robert W. Rycroft & Don E. Kash, 1992. "Technology Policy Requires Picking Winners," Economic Development Quarterly, , vol. 6(3), pages 227-240, August.
    • Handle: RePEc:sae:ecdequ:v:6:y:1992:i:3:p:227-240
    DOI: 10.1177/089124249200600301
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    Cited by:

    1. Li, Aitong & Xu, Yuan & Shiroyama, Hideaki, 2019. "Solar lobby and energy transition in Japan," Energy Policy, Elsevier, vol. 134(C).
    2. Raimundo Soto, "undated". "Política Fomento Empresarial y Reconversión Laboral: Experiencias Internacionales y el Caso Chileno," ILADES-UAH Working Papers inv109, Universidad Alberto Hurtado/School of Economics and Business.

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