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Strategic technology policy for Eastern Europe

Radosevic, S; (1994) Strategic technology policy for Eastern Europe. Economic Systems , 18 (2) 87 - 116. Green open access

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In this paper I apply the concept of strategic technology policy (STRTP), originally developed by Justman and Teubal, to the East European situation. I view strategic technology policy as an indispensable bridge between science policy, industrial policy and competition policy. Strategic technology policy means explicit targeting for the improvement of technological and related capabilities, based on co-ordination between groups of enterprises and government. The concept is discussed in the context of three di fferent theoretical approaches to technology policy: neo-classical, transaction costs and evolutionary. The analysis is then applied to the example of Croatia, on the basis of which I generalize and apply the STRTP concept, distinguishing between three groups of industries which diff er regarding the loci of their technological capabilities|production know-how based, engineering based and R&D based. I conclude that STRTP must be based primarily in the evolutionary approach, but that in Eastern Europe it should incorporate some of the features of transaction costs and neo-classical approaches.

Type: Article
Title: Strategic technology policy for Eastern Europe
Open access status: An open access version is available from UCL Discovery
Publisher version: http://www.elsevier.com/wps/find/journaldescriptio...
Language: English
Keywords: technology policy, Eastern Europe, Strategy
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL > Provost and Vice Provost Offices > UCL SLASH > SSEES
URI: https://discovery.ucl.ac.uk/id/eprint/1338550
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