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Economic Policy and Technological Performance. Edited by Partita Dasgupta and Paul Stoneman. Cambridge: Cambridge University Press, 1987. Pp. 243. $44.00.
This book provides much needed attention to the area of economic policy for technology transfer. Though there has been quite a bit of literature on the economics of technical change, the public policy issues in this area have been largely ignored. This book tries to fill that void.
In the introduction, Dasgupta and Stoneman depict technology as a production good. Dasgupta, in chapter one, links the innovation chain from the degree of appropriability, through the market structure, to technological opportunities. The discussion of scale economies in the production of knowledge is very revealing. In chapter two, Barber...