Japan's Growing Technological Capability Implications for the U.S. Economy (1992) / Chapter Skim
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Comments on Policy Implications
Comments on Policy Implications
Pages 221-226
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From page 221... ...
The United States has lost other sectors because the needed capital investment was not available; still others are gone because of the shortsightedness of management.
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From page 222... ...
In fact, trade and our technology leadership—or lack of it- are leading indicators of what is in store for us. It does not take much intelligence to predict that the future competitiveness of the United States is seriously jeopardized if we do not fundamentally change our ad hoc technology policy.
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From page 223... ...
The coordination, guidance and national strategies of other governments that are used to help their own industries collaborate among various sectors of society constitute a formidable handicap for the United States to overcome, because we are structurally and philosophically unwilling to accommodate ourselves to even a modicum of priority setting and cooperation between our public and private sectors. This separation of the private and public sectors is a severe handicap at a time of rapid change.
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From page 224... ...
Through this approach, Japan has gained inside advantages over the more compartmentalized formula practiced here in the United States. We are too obsessed with Japan, as has been pointed out elsewhere in this discussion.
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From page 225... ...
U.S.-JAPAN RELATIONS I want to spend a couple more minutes on what we can do togetherthe United States and Japan—in this vital area of technology policy. First, we must cooperate and compete, and do both simultaneously.
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From page 226... ...
As I said in the beginning, the United States needs to bring its own house in order, including its economic and education infrastructure, as well as its technical capabilities. These issues form the basis of all the questions covered in the last two days.
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