Policy Challenges for the 1990s and Beyond

Abstract

This volume has sketched out some of the complexities of analyzing, formulating, and coordinating the science and technology policies of interdependent industrial and industrializing economies. Building on my earlier arguments, this chapter briefly considers two future policy challenges: (1) developing technology policies to improve national innovative performance and (2) reducing the international frictions produced by the interaction of the domestic technology policies of independent states. The response of United States and other nations’ policymakers to these challenges will influence the future of the global trading system as well as the living standards of the citizens of the global economy of the twenty-first century.