Technology Policy: A Selective Review with Emphasis on European Policy and the Role of RJVs

  • Yannis Katsoulacos
  • David Ulph


Technology policy can be thought of as a specific set of industrial policies that aim to improve the ability of firms to compete by promoting technological improvements through the generation, diffusion and adoption of process, product and organizational innovations. In recent years technology policy has moved to the forefront of the discussion of industrial policy within the European Commission, the United States and Japan.


Industrial Policy Innovative Activity Technology Policy Social Optimum Resource Allocation Problem 
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.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. Acs, Zoltan J. and David B. Audretsch (1987) ‘Innovation, Market Structure and Firm Size’, Review of Economics and Statistics, 69(4) (November) pp. 567–75.CrossRefGoogle Scholar
  2. Acs, Zoltan J. and David B. Audretsch (1988) ‘Innovation in Large and Small Firms: An Empirical Analysis’, American Economic Review, 78(4) (September) pp. 678–90.Google Scholar
  3. Acs, Zoltan J. and David B. Audretsch (1990) Innovation and Small Firms (Cambridge, MA: MIT Press).Google Scholar
  4. Acs, Zoltan J. and David B. Audtretsch (1993a) ‘Innovation and Technological Change: The New Learning’, in Gary D. Libecap (ed.), Advances in the Study of Enterpreneurship Innovation and Growth, vol. 6 (Greenwich, Conn.: JAI Press) 109–42.Google Scholar
  5. Acs, Zoltan J. and David B. Audretsch (eds) (1993b) Small Firms and Entrepreneurship: An East-West Perspective (Cambridge University Press).Google Scholar
  6. Acs, Zoltan J., David B. Audretsch and Maryann P. Feldman (1992) ‘Real Effects of Academic Research: Comment’, American Economic Review, 81(3) (March).Google Scholar
  7. Acs, Zoltan J., David B. Audretsch and Maryann P. Feldman (1993a) ‘Innovation and R&D Spillovers’, CEPR Discussion Paper no. 865, December.Google Scholar
  8. Acs, Zoltan J., David B. Audretsch and Maryann P. Feldman (1993b) ‘R&D Spillovers and Recipient Firm Size’, Review of Economics and Statistics, 99.Google Scholar
  9. Audretsch, D.B. and Marco Vivarelli (1994) ‘Small Firms and Spillovers: Evidence From Italy’, CEPR Discussion Paper no. 927, March.Google Scholar
  10. Beath, J. and D. Ulph (1990) ‘The Trade-off between Static and Dynamic Efficiency in a Non-Tournament Model of Innovation’, Discussion Paper No. 90/286, Dept. of Economics, University of Bristol.Google Scholar
  11. Beath, J., Y. Katsoulacos and D. Ulph (1995) ‘Game Theoretic Approaches’, in P. Stoneman (ed.), ‘Handbook of the Economics of Innovation and Technological Change (Oxford: Basil Blackwell).Google Scholar
  12. Cohen, W. and D. Levinthal (1989) ‘Innovation and Learning: The Two Faces of R&D’, Economic Journal, 99 pp. 569–96.CrossRefGoogle Scholar
  13. Commission of the European Communities (1990) Industrial Policy in an Open and Competitive Environment, COM (90)556.Google Scholar
  14. D’Aspremont, C. and A. Jacquemin (1988) ‘Cooperative and Non-Cooperative R&D in a Duopoly with Spillovers’, American Economic Review, 78, pp. 1133–7.Google Scholar
  15. Itoh, M. et al. (1991) Economic Analysis of Industrial Policy (San Diego, California: Academic Press).Google Scholar
  16. Jaffe, Adam B. (1986) ‘Technological Opportunity and Spillovers of R&D: Evidence from Firms’ Patents, Profits and Market Value’, American Economic Review, 76 (December) pp. 984–1001.Google Scholar
  17. Jaffe, Adam B. (1989) ‘Real Effects of Academic Research’, American Economic Review, 79(5) (December) pp. 957–70.Google Scholar
  18. Katsoulacos, Y. and D. Ulph (1993) ‘Market R&D Allocations When Research Paths Are Product Specific’, Scandinavian Journal of Economics, vol. 95, no. 3.Google Scholar
  19. Katsoulacos, Y. and D. Ulph (1994a) ‘Evaluating Welfare Losses Under R&D Rivalry and Product Differentiation’, CEPR Discussion Paper No. 992.Google Scholar
  20. Katsoulacos, Y. and D. Ulph (1994b) ‘Information Revelation, R&D Cooperation and Technology Policy’, mimeo, Athens University of Economics and Business.Google Scholar
  21. Katz, M. (1986) ‘An Analysis of Cooperative Research and Development’, RAND Journal of Economics, 17 (Winter) pp. 527–43.CrossRefGoogle Scholar
  22. Link, Albert N. and John Rees (1990) ‘Firm Size, University Based Research, and the Returns to R&D’, Small Business Economics, 2(1), pp. 25–32.CrossRefGoogle Scholar
  23. Stoneman, P. (1987) Economic Analysis of Technology Policy (Oxford University Press).Google Scholar
  24. Suzumura, K. (1992) ‘Cooperative and Non-cooperative R&D in an Oligopoly with Spillovers’, American Economic Review.Google Scholar

Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 1997

Authors and Affiliations

  • Yannis Katsoulacos
  • David Ulph

There are no affiliations available

Personalised recommendations