000 02522nam a2200397 i 4500
001 CR9781009227490
003 UkCbUP
005 20240910182407.0
006 m|||||o||d||||||||
007 cr||||||||||||
008 211206s2022||||enk o ||1 0|eng|d
020 _a9781009227490 (ebook)
020 _z9781009227483 (paperback)
040 _aUkCbUP
_beng
_erda
_cUkCbUP
050 4 _aHC79.T4
_bC37 2022
082 0 4 _a338.064
_223
100 1 _aCarlaw, Kenneth,
_eauthor.
245 1 0 _aIndustrial policy :
_bthe coevolution of public and private sources of finance for important emerging and evolving technologies /
_cKenneth I. Carlaw, Richard G. Lipsey.
264 1 _aCambridge :
_bCambridge University Press,
_c2022.
300 _a1 online resource (94 pages) :
_bdigital, PDF file(s).
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
490 1 _aCambridge elements. Elements in evolutionary economics,
_x2514-3573
500 _aTitle from publisher's bibliographic system (viewed on 22 Jun 2022).
520 _aDismissing industrial policy because 'governments cannot pick winners' is counter-productive. This Element studying selected major innovations illustrates the fact that virtually all major new technologies have been developed by a synergetic cooperation between the public and the private sectors, each doing what it can do best. By examining how R&D is financed, rather than where it takes place, the authors show that the role of the public sector is much more pronounced than is often thought. The nature of the cooperation − who does what − varies with the nature of each innovation so that simple, one-size-fits-all, rules about what each sector should do are suspect. These results are particularly important because they challenge the scepticism in the United states and elsewhere about the importance of industrial policy, a scepticism that threatens to undermine the long-term, and necessary cooperation, between the public and private sectors in promoting growth-inducing innovations.
650 0 _aTechnological innovations
_xFinance.
650 0 _aPublic-private sector cooperation.
650 0 _aPublic investments.
650 0 _aIndustrial policy.
700 1 _aLipsey, Richard G.,
_eauthor.
776 0 8 _iPrint version:
_z9781009227483
830 0 _aCambridge elements.
_pElements in evolutionary economics,
_x2514-3573.
856 4 0 _uhttps://doi.org/10.1017/9781009227490
942 _2ddc
_cEB
999 _c10117
_d10117