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Diane Publishing Books
Technology & Economic Growth: Implications for Federal Policy
Gregory Tassey (au). Beginning with an overview of the economics literature that has attempted over several decades to measure the contributions of technology to economic growth at the project, firm, industry, & national economic levels, this report continues with an analysis of why the private sector systematically underinvests in certain elements of technology & why, therefore, government support may be required at various points in a technology’s life cycle. Also compares U.S. policies for technology development with the corresponding policies of other industrialized nations. Charts & tables. References.
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