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Is War Necessary for Economic Growth? Military Procurement and Technology Development
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In this paper, the authors argue that changes in the structure of the defence industries and of the U.S. industrial economy make it unlikely that military and defence related procurement would again become an important source of revolutionary new technologies in the absence of a major war.Abstract:
Military and defence related procurement has been an important source of technology development across a broad spectrum of industries that account for an important share of United States industrial production. Changes in the structure of the defence industries and of the U.S. industrial economy make it unlikely that military and defence related procurement would again become an important source of revolutionary new technologies in the absence of a major war. Available in OSO: http://www.oxfordscholarship.com/oso/public/content/economicsfinance/0195188047/toc.htmlread more
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The Entrepreneurial State
TL;DR: The Entrepreneurial State as mentioned in this paper argues that successful economies result from government doing more than just creating the right conditions for growth, instead, government has a key role to play in developing new technologies whose potential is not yet understood by the business community.
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From market fixing to market-creating: a new framework for innovation policy
TL;DR: In this paper, the authors consider four key issues that arise from a market-creating framework for policy: decision-making on the direction of change; the nature of (public and private) organizations that can welcome the underlying uncertainty and discovery process; evaluation of mission-oriented and market-creation policies; and the ways in which both risks and rewards can be shared so that smart growth can also result in inclusive growth.
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Does culture still matter?: The effects of individualism on national innovation rates
Mark Zachary Taylor,Sean Wilson +1 more
TL;DR: This article analyzed several independent datasets of culture and innovation from 62 countries spanning more than two decades and found that most measures of individualism have a strong, significant, and positive effect on innovation, even when controlling for major policy variables.
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The Source and Nature of General Purpose Technologies for Supporting Next K-Waves: Global Leadership and the Case Study of the U.S. Navy's Mobile User Objective System
TL;DR: This study suggests that one of contributing factors that may support the next GPT is due to strategic investments for the U.S. Navy's Mobile User Objective System (MUOS), which is a constellation of ground-breaking satellites for next-generation narrowband tactical satellite communications system, which makes prior products obsolete.
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General Sources of General Purpose Technologies in Complex Societies: Theory of Global Leadership-Driven Innovation, Warfare and Human Development
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Technology, Growth, and Development: An Induced Innovation Perspective
TL;DR: In this article, the authors place the process of technical change within the context of modern growth theory and place the emphasis on both induced technical and institutional change, and the rate and direction of technological change is viewed as induced by changes in relative resource endowments and by institutional innovations such as the modern research university and the industrial research laboratory.
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Technology and American economic growth
TL;DR: In this article, the fundamental factors, needs, prospects, and limits of modern Chinese society, all seen through the critical environmental constraints and impacts, are examined. But this book is not a systematic litany of what went wrong and how much.
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Beyond spinoff : military and commercial technologies in a changing world
William Diebold,John A. Alic +1 more
TL;DR: In this paper, the authors examine how the government and the private sector can boost America's technological competitiveness and how the two influence each others' technical activities and argue that there needs to be critical reappraisal of traditional relationships between the military and industry.
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Military Enterprise and Technological Change: Perspectives on the American Experience
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Moore's law and the economics of semiconductor price trends
TL;DR: In this paper, an analytical framework for understanding the technical origins and economic implications of distinctive patterns of innovation in semiconductors known as Moore's Law is presented. And the history of Moore's law predictions, coupled with additional assumptions, yield predictions of the cost or price on a semiconductor integrated circuit.