This study of six industries in eight economies examined the role in building industrial technological capability played by outside sources particularly technology institutions (TIs) such as research and standards organizations and by directed policies such as tax incentives. It concluded that...

We argue five main propositions. Firstly, the choice between royalties and profit-based taxation involves an efficiency trade-off, between diminished incentives to produce output on one hand, and diminished incentives to minimize costs on the other (as in Laffont and Tirole 1993). So the Brown...