Efficient industrial technology policy, high government industrial R&D expenditure: does one require the other?
by Shu-Chin Huang
International Journal of Technology, Policy and Management (IJTPM), Vol. 8, No. 3, 2008

Abstract: The purpose of this paper is to account for technological change in the Electronic Components and Communications Equipment (ECCE) industry. Taking the industry in the USA, Japan and the UK for a case study, government policies for the industry after 1981 are compared. Six types of policies are analysed that involve supply-push, demand-pull, institutional changes, technological trajectories and technological paradigms. It shows that to improve technological development in the industry, government industrial Research and Development (R&D) expenditure does not have to be large, but policies to affect the determinants of technological change to promote private R&D investments are needed.

Online publication date: Wed, 26-Mar-2008

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