Publisher's Synopsis
Governments have become increasingly aware of the importance of technology in economic performance, and public intervention in the technological process has increase considerably since the war. This book looks at why and how this intervention should take place from the standpoint of economic theory. Particular topics in the economics of technology policy are then analysed with chapters on patents,standards, risk uncertainty and finance, the international dimension, the defence sector, and employment.;Students taking courses in industrial economics, economic policy, or the economics of technological change; researchers and policy advisers in the field will find it of interest.