Technological competition and interdependence

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Advanced industrial nations are grappling with significant political and economic challenges driven by rapid technological change. This volume features economists and political scientists discussing the current state of technological capability in the United States, Japan, and Western Germany, both historically and as a foundation for future development. The contributors analyze competition and cooperation among high-tech firms and the need for a more harmonious trade regime. The essays provide an international perspective on the theoretical frameworks surrounding policy issues influenced by increasing global competition and the evolving international trade landscape. Key discussions highlight the decline of American technological dominance, rising competition, and growing international collaboration among high-tech firms. Topics include the internationalization of basic research, the narrowing gap between basic and applied research, the impact of nation-specific interfirm relations and labor market characteristics on technological advancement, and the effectiveness of government research and development assistance. Three essays overview the technological capabilities and major policy challenges faced by the U.S., Japan, and Western Germany, while others delve into theoretical and policy issues from political science and economics perspectives, addressing specific policy challenges and related topics.