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.
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