Diversity Creation and Technological Systems: A Technology Policy Perspective

• The debate over the appropriate extent, nature, and timing of government policies to foster economic growth has a long history. John Stuart Mill’s well-known infant industry argument emphasized the advantage of an early start in a new venture, the problems of differential social and private risk taking, as well as the temporary nature of intervention. More recently, the classical infant industry argument has been reinvented in the form of ‘strategic trade policies’ (Krugman, 1983) which extends the role of government policy in a developed economy to trade policy as well. Policy is seen as an instrument to improve competitiveness in specific product areas (e.g., integrated circuits) by creating and drawing the benefits from first mover advantages.

Subject headings

SAMHÄLLSVETENSKAP  -- Ekonomi och näringsliv -- Ekonomisk historia (hsv//swe)

SOCIAL SCIENCES  -- Economics and Business -- Economic History (hsv//eng)

SAMHÄLLSVETENSKAP  -- Social och ekonomisk geografi -- Ekonomisk geografi (hsv//swe)

SOCIAL SCIENCES  -- Social and Economic Geography -- Economic Geography (hsv//eng)

SAMHÄLLSVETENSKAP  -- Ekonomi och näringsliv -- Nationalekonomi (hsv//swe)

SOCIAL SCIENCES  -- Economics and Business -- Economics (hsv//eng)

Publication and Content Type

kap (subject category)

vet (subject category)