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Technology Policy and A-Synchronic Technologies: The Case of German High-Speed Trains

In: Innovation Policy in a Knowledge-Based Economy

Author

Listed:
  • Patrick Llerena

    (BETA)

  • Eric Schenk

    (LICIA)

Abstract

Public support for research and development (R&D) can be oriented towards various objectives : at early stages of the innovation process, exploration of technological opportunities is sought. Indeed, short run, profit oriented research strategies might lead to too early a focus and to lock-in to an inferior solution (Cowan 1991). At later stages, public support often seeks to foster the adoption of the new technology. There are situations where private incentives lead to under-adoption of the new technology (Farrell and Saloner 1986). Even though these objectives may be distinct, they can overlap, for instance when several technologies are supported simultaneously. The purpose of this chapter is to shed some light on the difficulties that could be encountered in such situations.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Patrick Llerena & Eric Schenk, 2005. "Technology Policy and A-Synchronic Technologies: The Case of German High-Speed Trains," Springer Books, in: Patrick Llerena & Mireille Matt (ed.), Innovation Policy in a Knowledge-Based Economy, chapter 4, pages 115-134, Springer.
  • Handle: RePEc:spr:sprchp:978-3-540-26452-1_5
    DOI: 10.1007/3-540-26452-3_5
    as

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    Cited by:

    1. Arman Avadikyan & Patrick Llerena, 2009. "Socio-technical transition processes: A real option based reasoning," Working Papers of BETA 2009-21, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    2. Bert Sadowski & Mathijs Verheijen & Alberto Nucciarelli, 2010. "Strategic Options for Mobile Broadband Services: The Case of a Municipal WiMAX Network in The Netherlands," Chapters, in: Morten Falch & Jan Markendahl (ed.), Promoting New Telecom Infrastructures, chapter 7, Edward Elgar Publishing.

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