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Restating Government’s Role in Innovation

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Government’s Role in Innovation

Abstract

The Administration’s formal technology policy, as stated in the Executive Office’s U.S. Technology Policy, emphasized the government’s role in three key areas, although remaining somewhat vacuous in terms of the specifics for an implementation strategy. The key areas that are emphasized, and rightly so in our estimation, are:

  • funding of Rɭ performed in the private sector

  • funding of Federal laboratory research activities and the effective transfer of that technology to the private sector; and

  • funding of basic research (especially at universities) and encouragement of industry-university research relationships.

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Notes

  1. See Bozeman and Link (1983, 1985) for an alternative tax credit-based policy suggestion. Basically, they argue for a tax credit for undertaking cooperative research.

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  2. See Link and Bauer (1989).

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© 1992 Springer Science+Business Media New York

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Leyden, D.P., Link, A.N. (1992). Restating Government’s Role in Innovation. In: Government’s Role in Innovation. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-2936-7_8

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  • DOI: https://doi.org/10.1007/978-94-011-2936-7_8

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-5304-4

  • Online ISBN: 978-94-011-2936-7

  • eBook Packages: Springer Book Archive

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