The positive effect of public research on industrial innovations is beyond controversy: public research institutions produce knowledge that is subsequently transferred into product and process innovations by private businesses. Besides this rather passive role in commercializing inventions,...

Contents: 1. Technology and innovation policy: Setting the stage -- 2. Technology policies to enhance private-sector r&d -- 3. The effectiveness of technology policy -- 4. Unanticipated consequences of technology policy -- 5. The technology policy environment -- 6. Technology policies to...