National Interests in an Age of Global Technology (1991) / Chapter Skim
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SUMMARY AND RECOMMENDATIONS
SUMMARY AND RECOMMENDATIONS
Pages 1-13
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technical enterprise and, in so doing, have fundamentally altered the terms of the traditional competitiveness debate. Since the mid-1970s, there has been an acceleration of two mutually reinforcing trends the convergence in technical capabilities of industrialized nations and the global integration of formerly discrete national technical enterprises.
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As their technical prowess and foreign direct investments have expanded, a growing number of foreign corporations have also begun to reorganize their advanced technical activities more internationally and to assume a more active role in the creation of transnational technical alliances (see Chapter 1, pp.
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Indeed, the definition of what constitutes a "domestic" or a "foreign" corporation and the nature of "corporate citizenship" more generally have become more and more vexing issues for public policymakers as the technical activities and resource base of a growing number of corporations become increasingly distributed internationally. Similarly, the emerging global economic and technical enterprise challenges long-standing assumptions regarding the relatively neat dichotomy of domestic and international policy areas related to national competitiveness.
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89-1351. Drawing on a series of industry case studies, the proceedings of committee meetings and a major symposium, 1 and the views of many knowledgeable representatives from government, industry, and academe in North America, Western Europe, and Asia, this study argues for more explicit recognition of the emerging global technical enterprise and its profound implications for private strategies and public policies.
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DOMESTIC POLICY DIRECTIONS Among the greatest comparative strengths of the nation's technical enterprise are its research capabilities, its system of advanced technical education, its large pool of elite technical talent, and its extensive, sophisticated information technology infrastructure. These comparative advantages find expression in continuing U.S.
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The National Science Foundation's Engineering Research Centers, the National Institute of Standards and Technology's Centers for Manufacturing Technology, Ohio's Thomas Edison Program, Pennsylvania's Ben Franklin Partnership Program, the Southern Technology Council, and the Industrial Technology Institute are promising means for providing public support for a diverse set of initiatives and selectively broadening the application of those that prove most success
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Promotion of commercially significant generic technologies need not require major investments in research and development programs. Indeed, obstacles to the diffusion of such technologies may be more important than any obstacle to their development.
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It is entirely appropriate that policymakers charged with advancing the interests of all U.S. citizens should develop criteria consistent with that charge regarding corporate participation in any venture involving public funds or legal exemptions.
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This situation argues for expanding recruitment of technically competent personnel by agencies that formulate and implement domestic and international economic policy and also points up the need for greater organizational focus at the national level on the policies affecting commercial development and application of technology. The committee notes with guarded optimism the positive steps by the current administration to provide more organizational focus through the President's Science and Technology Adviser, recently elevated to the position of Assistant to the President, the President's Council of Advisers on Science and Technology, the Office of Science and Technology Policy, the newly created Office of Technology Policy in the Department of Commerce, and Commerce's National Institute of Standards and Technology.
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foreign economic policy relate to national disparities in the treatment of foreign direct investment and competition policy. ~ The United States should seek to forge multilateral consensus regarding the mutual obligations of multinational corporations and their home and host governments.
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There is mounting pressure on policymakers throughout the industrialized world to reinterpret national antitrust law or competition policy to fit the realities of global competition and avoid disadvantaging their indigenous firms in the global marketplace. Nevertheless, in the context of the current surge of foreign direct investment and the proliferation of transnational corporate alliances and mergers, often in already highly concentrated industries, unilateral approaches to antitrust regulation pose two major hazards.
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3. The Southern Technology Council is based in Research Triangle Park, North Carolina; the Industrial Technology Institute is based in Ann Arbor, Michigan.
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President's Commission on Industrial Competitiveness.
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