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German technology policy, innovation, and national institutional frameworks

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  • David Soskice

Abstract

This paper examines the patterns of technological innovation in Germany, and compares them with those prevalent in the US and UK economies. The paper argues that the institutional features of the German system of innovation lend it comparative advantage in innovation. The paper discusses these issues in a framework of the economics of organisation in industry; it closes by discussing some of the limitations of the German system in regard to newly emergent technologies.

Suggested Citation

  • David Soskice, 1997. "German technology policy, innovation, and national institutional frameworks," Industry and Innovation, Taylor & Francis Journals, vol. 4(1), pages 75-96.
    • Handle: RePEc:taf:indinn:v:4:y:1997:i:1:p:75-96
    DOI: 10.1080/13662719700000005
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    References listed on IDEAS

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    1. repec:ner:ucllon:http://discovery.ucl.ac.uk/17678/ is not listed on IDEAS
    2. Mayer, Colin & Alexander, Ian, 1990. "Banks and securities markets: Corporate financing in Germany and the United Kingdom," Journal of the Japanese and International Economies, Elsevier, vol. 4(4), pages 450-475, December.
    3. Aghion, Philippe & Tirole, Jean, 1997. "Formal and Real Authority in Organizations," Journal of Political Economy, University of Chicago Press, vol. 105(1), pages 1-29, February.
    4. Alexander, Ian & Mayer, Colin, 1990. "Banks and Securities Markets: Corporate Financing in Germany and the UK," CEPR Discussion Papers 433, C.E.P.R. Discussion Papers.
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