Towards The Knowledge-Based Economy

United States and Its APEC Partners
  • Nicholas S. Vonortas
  • Adam Tolnay
Part of the Economics of Science, Technology and Innovation book series (ESTI, volume 23)


In the future, the economies that perform the best will be those whose governments help develop and manage their knowledge assets most effectively for innovation. Technology policy will thus need to revert to innovation policy that will be much more technology-user centered and demand based than technology policy has been until now. As such, innovation policy must also be better integrated with general economic policies that affect incentives to innovate, policies that shape the regulatory and institutional environment in which innovation takes place, and policies that provide appropriate safety nets for the parts of the population that fail to follow the ever increasing pace of change.


Gross Domestic Product Venture Capital Innovation Policy Technology Policy Venture Capital Fund 
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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Copyright information

© Springer Science+Business Media New York 2001

Authors and Affiliations

  • Nicholas S. Vonortas
    • 1
  • Adam Tolnay
    • 2
  1. 1.George Washington UniversityUSA
  2. 2.Georgetown UniversityUSA

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