A new look at the US pattern of federal R and D spending: preliminary lessons for newly industrializing economies

Article Abstract:

Recent studies suggest that US industrial policy has moved from 'mission oriented' towards 'diffusion oriented' which results in more market-oriented and economically motivated change. However, fornewly industrializing economies (NIEs), the mission-oriented industrial technology policy paradigm is still a useful focal point of governmental actions. In the absence of a mission-oriented policy, research and development becomes self-serving and alien. This may hamper the development of indigenous domestic technologies in NIEs.

United States, Analysis, Science and technology policy, Industrial policy, Industrial development, Industrialization

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Tax policies affecting R and D: an international comparison

Article Abstract:

The effectiveness of tax incentives for research and experimental (R and E) expenditures of companies is evaluated as they occur in different countries. Results indicate that R and E tax credits are ineffective in influencing the actual level of successful research and development. To achieve significant productivity growth and global competitiveness, investments should focus on infratechnology rather than commercially oriented development.

Research and development tax credit

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Eurotech capital

Article Abstract:

The Commission of the European Communities has established the Eurotech Capital Initiative which will provide technology advancement capital for small and medium-sized enterprises. The Eurotech InnVest management team is slated to coordinate the program. Companies interested in the funding need to supply salient data about the firm, such as its management, products and financial standing.

Investments, Small business, European Union. European Commission

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