State Sponsored Technological Development
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Technology Development
State and private sector development of technology, privatization
- State involvement with legislation, regulation, resources and infrastructure
- State involvement with technological innovation questioned, competition and efficiency
- Polymer Incorporated, Canadian Crown corporation, manufacturing synthetic rubber
- Polymer altered structure to match a competitive strategy: R+D and sales divisions, price competition with natural rubber, profit prioritization, export markets, process improvement, new product development, by-product sales
- Market for synthetics, access to skilled scientists, advanced technology
- Postwar infant industry request denied, deregulation of industry
- Demand increases due to Marshall Plan funding and Korean war
- Synthetic materials and public opinion, advertising and education, automobiles
- Claim of private sector efficiency is historically contingent
- Ownership is not the crucial issue for competition
State Sponsored Technological Development is a post from: The Glaring Facts
