Government and industry -- Can we dance?

Conference · Thu Jul 01 04:00:00 EDT 1999

OSTI ID:20001897

Quan, F

As the 20th century draws to a close, it is generally acknowledged that this could be called the American century because of the profound influence the US has had in influencing human civilization during this period. US efficient free market of privately owned industry, competing for business has become the envy of the world. The US is, especially in light of recent Asian economic problems, the engine driving economic growth in the world today. To maintain this influence, and standard of living, going into the 21st century, will require institutions to work together in a heretofore unprecedented way. Government and industry, especially high technology companies, have always had a contentious relationship, which going forward will require more understanding on both sides. American high technology industries have demonstrated their worth in driving economic growth in the economy. The best paying jobs, with the most economic impact, have created enormous wealth for the communities lucky enough to be associated with high technology. Unfortunately, these industries have developed almost by happenstance and the nurturing of high tech industry is fraught with controversy. Government has tried to be supportive of industry efforts to maintain technical superiority of American goods vis-a-vis the rest of the world, but these programs have only been marginally successful. The authors points out in this paper, from an industry perspective, how government might better serve high technology industries by having a greater understanding of their markets. In addition, there is also a brief discussion on difficulties most commercial companies have in dealing with the government from an accounting standpoint.

• Research Organization: Corning Inc. (US)
• OSTI ID: 20001897
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
ACCOUNTING
COOPERATION
ECONOMIC IMPACT
INDUSTRY
MARKET
NATIONAL GOVERNMENT
RESEARCH PROGRAMS
TECHNOLOGY TRANSFER