Do we need a strategic high technology policy?
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Germany, with the rest of Western Europe, is in danger of losing the race to Japan for the lead in the field of the new key technologies. What is the reason for this? Do we need a strategic high technology policy? The following three articles present differing answers to these questions.
KeywordsFree Trade Comparative Advantage Trade Policy Industrial Revolution Industrial Policy
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- 1.Peter Drucker: The New Realities, Heinemann Professional Publishing, Oxford 1989, p. 122 f.Google Scholar
- 2.Cf. J. A. Brender: Rationales for Strategic Trade and Industrial Policy, in: Paul R. Krugman (ed.): Strategic Trade Policy and the New International Economics, The MIT Press, Cambridge, Massachusetts 1986, p. 36 ff. On the new trade theory cf. also Paul R. Krugman: Rethinking International Trade, The MIT Press, Cambridge, Massachusetts 1990.Google Scholar