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Techno-Nationalism, The Dominant 21st Century Trend

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  • Sarmiza Pencea

Abstract

At the dawn of a new industrial revolution, against the backdrop of globalization’s receding tide, the theUS-China competition for technological supremacy breeds a new strain of mercantilism: the economic techno nationalism. It is the direct connection between a country’s national security, economic prosperity and social stability on the one hand, and its innovation achievements and capabilities on the other hand, that distinguish and define this new trend and that justify the state’s activism, as the nation’s protector against the opportunistic or hostile actions of other actors. This paper captures and dissects the techno-nationalistic acts and facts bred by the US-China high-tech war both in the two rival economies and in others, with proved technological authority, in support of the prediction that this type of economic behaviour will becomeincreasingly dominant in the 21st century’s international economic relations.

Suggested Citation

  • Sarmiza Pencea, 2021. "Techno-Nationalism, The Dominant 21st Century Trend," Revista de Economie Mondiala / The Journal of Global Economics, Institute for World Economy, Romanian Academy, vol. 13(1), pages 5-32.
  • Handle: RePEc:iem:journl:v:13:y:2021:i:1:p:5-32
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    File URL: http://www.iem.ro/rem/index.php/REM/article/view/798/882
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    More about this item

    Keywords

    US-China; techno-nationalism; innovation; research and development; RDI; technological competition;
    All these keywords.

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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