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Pages 25-28

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From page 25...
... To some, this restraint or scaling back of federal civilian technology programs signalled a return to the traditional U.S. policy of caution in economic intervention and S&T policies that emphasize the support of basic science and mission-oriented technological developments in defense and public health.52 However, the 105th Congress has seen a substantial reduction in the conflict over industrial policy, as both Democrats and Republicans in the political center have accepted the concept of public-private partnerships in R&D with certain policy safeguards.s3 One of the main differences between the currently emerging policy and that of the past is that there is no longer a consensus on the role of government in such areas as energy and space, and even in defense the long-term trend has been toward shrinking budgets despite recent relative increases.
From page 26...
... 3 See C.K. Prahalad and Gary Hamel, "The Core Competence of the Corporation," Harvard Business Review, May-June 1990, pp.
From page 27...
... Manufacturing Joint Venture for NextGeneration Semiconductor Memory Products," August 8, 1995. 33 Yoshiko Hara, "Hitachi turns to IBM, eyes PowerPC," Electronic Engineering Times, May 2, 1994, n795, p.
From page 28...
... 4. On the other hand, the Japanese government has provided loans at very low rates to encourage new technologies and business alliances through such avenues as the Japan Key Technology Center which is funded through dividends derived from government-owned shares in Nippon Telegraph and Telephone Company (NTT)


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