Military Procurement and Technology Development
The purpose of this paper is to demonstrate that military and defense related research and procurement have been a major source of commercial technology development across a broad spectrum of industries that account for an important share of United States industrial production. I discuss the development of five general purpose technologies: (1) military and commercial aircraft, (2) nuclear energy and electric power, (3) computers and semiconductors, (4) the Internet, and (5) the space industries. The defense industrial base has become a smaller share of the industrial sector which is itself a declining sector in the U.S. economy. It is doubtful that military and defense related procurement will again become an important source of new general purpose technologies. When the history of U.S. technology development for the next half century is eventually written it will almost certainly be written within the context of slower productivity growth than the relatively high rates that prevailed in the U.S through the 1960's and during the information technology bubble that began in the early 1990's.
|Date of creation:||2005|
|Contact details of provider:|| Postal: 231ClaOff Building, 1994 Buford Avenue, St. Paul, MN 55108-6040|
Phone: (612) 625-1222
Fax: (612) 625-6245
Web page: http://www.apec.umn.edu
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ags:umaesp:13639. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.