By Ulrich Hilpert
In the back of the rhetoric of `intervention' and `deregulation' which has observed country makes an attempt to stimulate technological innovation within the final decade is secreted a narrative of failed targets, confusion, litter and incoherence.Techno-industrial innovation does make calls for at the kingdom, not just when it comes to new industries, but additionally in regard to the inter-relation of business and R&D coverage and the production of markets.This publication presents a comparative research of techno-industrial innovation in Europe, Japan and the us. Drawing on case reviews starting from the semi-conductor to the biotechnology industries, the e-book offers a entire and distinctive survey of nationwide thoughts for the inner and international markets and units them of their political context, the place `the bills can be excessive and the pay-offs uncertain'.
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Extra info for State Policies and Techno-Industrial Innovation
CHUNG, Jee-Man (1983), The Electronics Industry in Korea, in: Monthly Review of the Korea Exchange Bank, 17, 1983, 13-30. CLARKE, Jeremy and CABLE, Vincent (1982), The Asian Electronics Industry Looks to the Future, in : IDS-Bulletin, 13, 1982, 24-34. DORFMAN, Nancy (1983), Route 128: The Development of a Regional High Tech Economy, in : Research Policy, 12, 1983, 299-316. ) (1986), The Politics of the Communications Revolution in Western Europe. London: Frank Cass. FAR EASTERN ECONOMIC REVIEW, November 13 (1986), Crimping the Copiers.
Appropriate market structures are a necessary initial condition for the realization of techno-industrial innovation. But the structure of science-based industries has shown the need for strong government funding, whose amortization requires larger markets. The access to potential markets is, therefore, a major advantage in this process. Countries that have large internal markets are in a much better position than medium or small ones. The availability of new techno-scientific findings and the existence of industrial structure that is prepared to make use of them greatly reduce the significance of the market question.
They enter existing markets or create new markets just by virtue of their emergence. 26 Given the small countries’ orientation in the technology mix, there is not the same need for the organization of markets that is required with regard to larger-scale technologies. But the technology-based products they manufacture are placed only to a limited extent in existing markets. The market niches that the large firms are not interested in form the basis for the creation of the highly dynamic and flexible industrial structure small countries aim at.