Technology and the Wealth of Nations

Most discussions of US economic competitiveness focus on the creation of new technologies, but the abundant evidence presented in this timely book indicates that the key factor underpinning US competitiveness is not the development of technology itself, but the factors that influence the commercialisation of technology. As we enter the last decade of the twentieth century, economic policy and performance are being linked more and more closely to technology-related issues. Technology commercialisation is now recognised as critical to this linkage and this book constitutes a state-of-the-art analysis of this vital but often overlooked aspect of technological innovation. The sixteen papers in this volume contribute towards the integration of technological innovation and commercialisation and highlight the influences of macroeconomic variables on these factors. This book will also provide guidance for managers seeking to improve performance in these areas.