NATS 1840A - lecture 12

NATS 1840A - lecture 12 - State Sponsored Technological...

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State Sponsored Technological Development - Both the private sector and the state have been involved in directing technological development over the years - Our current balance is towards private sector control, as most technological development and R+D is done in industry, and most industry is private - The balance is shifting further, with more and more state run enterprises being privatized - There are numerous examples of the state being a necessary component of technological development, contributing resources, establishing laws, facilitating finance - In certain cases, the private sector is unwilling to support the necessary infrastructure to support technological development, and this falls to the state - No one questions the need for the state to regulate, legislate and provide infrastructure - However, many question the role of the state in technological innovation, arguing that the private sector is more competitive and thus more efficient - This pervasive view (anchored in economics) is being challenged by
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This note was uploaded on 09/30/2011 for the course NATS 1800 taught by Professor Jfdksoa during the Spring '11 term at York University.

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NATS 1840A - lecture 12 - State Sponsored Technological...

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