Time Horizons and Technology Investments

Committee on Time Horizons and Technology Investments,National Academy of Engineering

Time Horizons and Technology Investments
Format
Paperback
Publisher
National Academies Press
Country
United States
Published
1 January 1992
Pages
120
ISBN
9780309046473

Time Horizons and Technology Investments

Committee on Time Horizons and Technology Investments,National Academy of Engineering

It is frequently argued that U.S. corporations have shorter time horizons for planning and investment than their Japanese and German competitors. This argument, though widely accepted in studies of U.S. competitiveness, has rarely been examined in depth. Time Horizons and Technology Investments explores the evidence that some U.S. corporations consistently select projects biased toward short-term return, and addresses factors influencing the time-related preferences of U.S. corporate managers in selecting projects for investment. It makes recommendations to policymakers and managers about policies to mitigate negative external influences and about strategies to remove internal biases toward noncompetitive decisions.

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