Science, Technology, and Innovation Policy: Opportunities and Challenges for the Knowledge Economy

Science, Technology, and Innovation Policy: Opportunities and Challenges for the Knowledge Economy

Science, Technology, and Innovation Policy: Opportunities and Challenges for the Knowledge Economy

Science, Technology, and Innovation Policy: Opportunities and Challenges for the Knowledge Economy

Synopsis

Despite the unprecedented development and growth of knowledge during the 20th century, the evolution of a peaceful 21st century will depend on our ability to address the challenges of prosperity, sustainability, and security. From these challenges, this collection seeks to devise a research agenda to help us to understand better the knowledge-based economy.

Excerpt

Science and technology (S&T) are key global resources for wealth and job creation and for shared prosperity at home and abroad--challenges and opportunities are faced by corporations, entrepreneurs, universities, governments, federal laboratories, and research institutes alike. Success depends on educated management and employees, global networks and know-how, appreciation for the importance of both personal relationships and information technology in forming and maintaining partnerships, and a facility for successfully dealing with diverse regional, national, and international socioeconomic systems and cultures.

Governments, firms, universities, and research laboratories all take part in the process of building what has been conceptualized as national science and technology systems. The actions of these key players and interactions between them determine the impact of S&T activities on the well-being of nations and regions worldwide. Important challenges are to better understand and manage the complex processes that underlie world-class S&T research leading to successful technology commercialization and adoption. The impact of S&T on economic development and shared prosperity involves cooperation and competition among academia, business, and government at regional, national, and global levels of activity. As knowledge increasingly becomes a key strategic resource for economic development, there is a need to enhance our understanding of the barriers and incentives--in developed, developing, and emerging regions worldwide--for effective knowledge generation, transfer, adoption, and diffusion. Increasing interest in these processes has motivated creative and innovative research and practice across a wide range of businesses and academic disciplines--from management, marketing, entrepreneurship, engineering, and economics to government, public policy, area studies, sociology, history, and law.

In 1996 The Instituto Superior Técnico, Lisbon, Portugal and IC Institute, The University of Texas at Austin, working with IC 's Global . . .

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