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Abstract

The starting point to consider a governmental design for informational society which meets the proposed criterion of promoting a high rate of discovery, invention and innovation is to examine the evolution of the political economy since 1790. In this examination a consideration of the development of incentives and institutional arrangements for discovery, invention and innovation is important in order to forecast future advances. Hence, the new governmental design should focus on making improvements which are unlikely to evolve from the current design.

Keywords

Public Good Political Economy Federal Government Judicial Review Information Policy 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Notes and References 2

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© Kluwer Academic Publishers 1993

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