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Pages 35-46

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From page 35...
... 5. 2See, for example, the observations of Ed Zchau, a member of Congress in the 1980s from Silicon Valley, in his article, "Government Policies for Innovation and Growth" in National Research Council The Positive Sum Strategy, Harnessing Technology for Economic Growth, op.cit., pp.
From page 36...
... of the U.S. semiconductor industry, now taken for granted, was not assured in the mid-1980s.
From page 37...
... AnnaLee Saxenian, Regional Advantage: Culture and Competition in Silicon Valley and Route 128, Cambridge, MA: Harvard University Press, 1994. For a perspective on the federal role in Silicon Valley, see Timothy Sturgeon, "How Silicon Valley Came to Be," in Martin Kenney, ea., Understanding Silicon Valley, The Anatomy of an Entrepreneurial Region, Stanford: Stanford University Press, 2000.
From page 38...
... This is one of the rationales for the awards of the Advanced Technology Program. For an assessment of this program, see National Research Council, The Advanced Technology Program: Assessing Outcomes, op.cit.
From page 39...
... THE PACE OF TECHNOLOGY DEVELOPMENT AND GROWTH U.S. policy makers at the state and federal levels have focused their attention increasingly on high-technology industry and the new technologies and entrepreneurial activities that support themes Their concern is supported by a growing i6The dynamic nature of international competition in high-technology industries is discussed in National Research Council, Conflict and Cooperation in National Competition for High-Technology Industry, 1996, op.
From page 40...
... Such firms in turn tend to gain market share, create new product markets, and use resources more productively than traditional industries do.20 High-technology firms perform more R&D than traditional firms do and generate more high-wage employment. In fact, these firms are distinguished by the high percentage of revenue devoted to research: 10 percent of revenues on R&D, in contrast to 3 percent of revenues on R&D for more traditional industries.
From page 41...
... 26See National Research Council, The Small Business Innovation Research Program: An Assessment of the Department of Defense Fast Track Initiative.
From page 42...
... 42 G O VERNMENT- IND US TR Y PA R TNER SHIP S 28Organisation for Economic Cooperation and Development, Is There a New Economy? A First Report on the OECD Growth Project.
From page 43...
... 35For a discussion of the opportunities and challenges facing the New Economy, see National Research Council, Measuring and Sustaining the New Economy.
From page 44...
... See Kenneth Flamm, Creating the Computer, Washington, D.C.: Brookings, 1988. The Committee's study of public-private partnerships has not systematically explored the important role of government procurement.


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