Lancaster EPrints

The influence of government science and technology policies on new product development in the US UK, South Korea and Taiwan.

Schoening, Niles and Sounder, Wm. E. and Lee, Jinjoo and Cooper, Rachel (1998) The influence of government science and technology policies on new product development in the US UK, South Korea and Taiwan. International Journal of Technology Management, 15 (8). pp. 821-835. ISSN 0267-5730

Full text not available from this repository.

Abstract

This analysis of the impacts of science and technology (S&T) policies of the US, UK, Taiwanese and South Korean governments on 86 new products developed by firms within these countries helps answer ever-present questions about the effectiveness of such policies. In the USA and UK, little evidence was found of government policies having any direct effects on private sector new product innovation activities. By contrast, evidence was found that the South Korean and Taiwanese governments have played a major role in increasing their countries' new product innovation activities through tax credits, direct and indirect grants, low interest loans, intellectual property regulations and other mechanisms. Consistent with conventional wisdom, these differences appeared to be rooted in dissimilar east-west cultures and related institutionalised expectations about the role of governments. Surprisingly, government agencies were not found to be important sources of either technologies or information useful in developing new products in any of the four countries. Instead, the firm's own networks of colleague firms, suppliers and customers were more important sources. These results suggest that S&T policies in all four countries should be redirected towards encouraging networking, collaborative R&D and information exchange between firms, suppliers and customers.

Item Type: Article
Journal or Publication Title: International Journal of Technology Management
Uncontrolled Keywords: science and technology policies ; US ; UK ; Korea ; Taiwan ; policies toward innovation ; government incentives.
Subjects: N Fine Arts > NC Drawing Design Illustration
Departments: Faculty of Arts & Social Sciences > Lancaster Institute for the Contemporary Arts
ID Code: 39905
Deposited By: Professor Rachel Cooper (LICA)
Deposited On: 10 Mar 2011 11:41
Refereed?: Yes
Published?: Published
Last Modified: 26 Jul 2012 18:01
Identification Number:
URI: http://eprints.lancs.ac.uk/id/eprint/39905

Actions (login required)

View Item