Investing in Innovation: Creating a Research and Innovation Policy That Works

About this book

Shortly after taking office in 1993, President Clinton called for a shift in American technology policy towards an expansion of public investments in partnerships with private industry, backed by scientific research in universities and national laboratories. These plans became the centre of an ideological struggle between those who believe that the market alone is sufficient to keep American industry innovative and those who are convinced that government must offer industry expanded research support to meet global competition. The authors of this volume were invited by the Clinton administration to take a nonpartisan look at how successful the new policies have been and to propose ways to make their programmes more effective and more likely to attract bipartisan support. This text presents an expansion of the report and offers a new set of technology policy principles. These principles provide guidelines for stimulating technological innovation, shaping public/private partnerships and establishing criteria for federal investments in research. The authors use the principles to evaluate many federal research programmes and to make recommedations for change.

Contents

Part 1 The changing environment for technology policy: Challenges to technology policy in a changing world economy, Lewis M. Branscomb, Richard Florida; technology policy and economic growth, Michael Borrus, Jay Stowsky; Measurement issues, Adam B. Jaffe; Social capital - a key enabler of innovation, Jane E. Fountain; From science policy to research policy, Lewis M. Branscomb. Part 2 Assessment of technology programs: The advanced technology program - opportunities for enhancement, Christopher T. Hill; Dual-use and the technology reinvestment project, Linda R. Cohen; Rethinking the small business innovation research program, Scott J. Wallsten; Technology transfer and the use of CRADAs at the national institutes of health, David H. Guston; Manufacturing extension - performance, challenges, and policy issues, Philip Shapira; Toward a new generation of environmental technology, George R. Haeton Jr; R. Darryl Banks; Federal energy research and development for the challenges of the 21st century, John P. Holdren. Part 3 Policy tools and institutions: Beyond the national information - infrastructure initiative, Brian Kahin; University-industry relations - the next four years and beyond, Harvey Brooks, Lucien P. Randazzese; Industry consortia, Daniel Roos et al; State governments - partners in innovation, Christopher M. Coburn, Duncan M. Brown; Managing technology policy at the White House, David M. hart; Towards a research and innovation policy, Lewis M. Branscomb, James H. Keller.

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