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9781412810128

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<p> A nexus of new technologies leading to production cost reductions comes along periodically and sets the stage for a period of rapid growth. Various inventions must wait until the rest of the pieces are in place to realize their potential. The roles, goals, interaction, and limits of private industry, government, and research institutions in this process are considered in this volume. Edmonson (formerly, Georgia State Univ.) considers the process to be far too complex to enable the public sector to move it forward effectively. When policy is meant to foster growth by fostering innovation, the proper role of government is clearly outlined as arbiter and facilitator, not winner-picking. Summing Up: Recommended. Upper-division undergraduate, graduate, research, and professional collections. <p> --J. M. Nowakowski, Choice <p> The roles, goals, interaction, and limits of private industry, government, and research institutions in this process are considered in this volume. Edmonson (formerly, Georgia State University) considers the process to be far too complex to enable the public sector to move it forward effectively. When policy is meant to foster growth by fostering innovation, the proper role of government is clearly outlined as arbiter and facilitator, not 'winner-picking.' Recommended. <p> --J. M. Nowakowski, Muskingum College

A nexus of new technologies leading to production cost reductions comes along periodically and sets the stage for a period of rapid growth. Various inventions must wait until the rest of the pieces are in place to realize their potential. The roles, goals, interaction, and limits of private industry, government, and research institutions in this process are considered in this volume. Edmonson (formerly, Georgia State Univ.) considers the process to be far too complex to enable the public sector to move it forward effectively. When policy is meant to foster growth by fostering innovation, the proper role of government is clearly outlined as arbiter and facilitator, not winner-picking. Summing Up: Recommended. Upper-division undergraduate, graduate, research, and professional collections. </p> --J. M. Nowakowski<em>, Choice</em></p> The roles, goals, interaction, and limits of private industry, government, and research institutions in this process are considered in this volume. Edmonson (formerly, Georgia State University) considers the process to be far too complex to enable the public sector to move it forward effectively. When policy is meant to foster growth by fostering innovation, the proper role of government is clearly outlined as arbiter and facilitator, not 'winner-picking.' Recommended. </p> --J. M. Nowakowski, Muskingum College</p>

<p> The roles, goals, interaction, and limits of private industry, government, and research institutions in this process are considered in this volume. Edmonson (formerly, Georgia State University) considers the process to be far too complex to enable the public sector to move it forward effectively. When policy is meant to foster growth by fostering innovation, the proper role of government is clearly outlined as arbiter and facilitator, not 'winner-picking.' Recommended. <p> --J. M. Nowakowski, Muskingum College

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Nathan Edmonson has worked in numerous positions including professor of economics at Georgia State University, Director of Mineral Economics at Kennecott Minerals Company, chief economist at Ashland Oil, and as economics consultant to the Board of Governors of the Federal Reserve System. Currently he does independent investing and consulting. He has written scholarly articles in Mining Engineering, Journal of Industrial Economics, and Nitrogen.

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