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The Positive Sum Strategy Harnessing Technology for Economic Growth (1986) / Chapter Skim
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Government Policies for Innovation and Growth
Pages 535-540

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From page 535...
... There was a group called He "Atari Democrats" (although they are frantically searching for a new name since Atan has fallen on harder tunes) , and when was asked to chair the Republican Task Force on High Technology Initiatives, 138 of the 167 lonely House Republicans joined He task force, which indicates the level of interest in technological issues.
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From page 536...
... It cannot be denied that government plays a role in technological advancement and economic growth, but we must determine govemment's proper role. It seems to me that rather than targeting specific companies, specific industnes, or specific technologies, the proper role of government is to target the process by which those industnes, those technologies, and those companies are fostered the process of innovation.
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From page 537...
... Without capital-formation incentives, the United States will lack the productivity growth and economic growth it needs. The third prerequisite, in addition to commitment to basic research and incentives for risk taking, is an adequate supply of trained technical people.
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From page 538...
... If we do not cut spending significantly now, deficits in the future will increase dramatically, growing rather than decreasing in a tune of rapid economic growth. My experience win my own company, System Industnes, provides an analogy.
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From page 539...
... Who is responsible for advancing technology? Who is responsible for creating economic growth, exports, and new ideas?
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  • monetary matters
  • world markets
  • primary means
  • future products

  • despite laudable
  • spending significantly
  • encourages companies
  • adequate supply
  • means evaluating

  • distress card
  • future technologies
  • creating economic
  • conduct basic
  • industrial policy

  • suppose hat
  • elusive objectives
  • eliminate programs
  • capital formation
  • people believe


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