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State Science- and Technology-Based Economic Development Policy: History, Trends and Developments, and Future Directions

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  • Walter H. Plosila

Abstract

This article examines the history of state science- and technology-based economic development efforts since the late 1960s, identifying trends and developments, current emphases, and future directions. State programs have gone through three periods of evolution in design and focus; each of these is described. Overall, the legacies of state technology-based economic development since World War II have had considerable impact on the overall practice of state economic development, including changes in the areas of finance, real estate, entrepreneurship, and talent, and in the role of higher education. These legacies are described, and implications for future state directions in state science- and technology-based development are examined.

Suggested Citation

  • Walter H. Plosila, 2004. "State Science- and Technology-Based Economic Development Policy: History, Trends and Developments, and Future Directions," Economic Development Quarterly, , vol. 18(2), pages 113-126, May.
    • Handle: RePEc:sae:ecdequ:v:18:y:2004:i:2:p:113-126
    DOI: 10.1177/0891242404263621
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    References listed on IDEAS

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    1. Timothy J. Bartik, 1999. "The Market Failure Approach to Regional Economic Development Policy," Book chapters authored by Upjohn Institute researchers, in: John P. Blair & Laura A. Reese (ed.),Readings in Urban Economics: Issues and Public Policy, pages 14-24, W.E. Upjohn Institute for Employment Research.
    2. Stephan Weiler, 2000. "Information and Market Failure in Local Economic Development: A New Role for Universities?," Economic Development Quarterly, , vol. 14(2), pages 194-203, May.
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    Cited by:

    1. Jaewon Lim & Sandy Dall'erba, 2016. "An analysis of the impact of federally-funded investments in science, research and technology across regions and education groups in Arizona," Regional Science Policy & Practice, Wiley Blackwell, vol. 8(4), pages 149-165, November.

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