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Journal Article - Harvard Business Review

Does America Need a Technology Policy?

From semiconductors to supercomputers, jumbo jets to HDTV, technology is probably the single most important factor driving the evolution of global competition. The accelerating pace of technological innovation is spawning new businesses, transforming old ones, and redefining the rules of competitive success. Little wonder, then, that the national debate about the competitiveness of U.S. industry—and government’s role in improving it—is increasingly becoming a debate about technology policy.