Financial Dialogue between Government and Industry

摘要

This report reviews U.S. Legislative and Executive Branch actions initiated during the past quarter century to upgrade technological competence, innovation, and economic competitiveness in the industrial marketplace. It discusses and analyzes some recent actions aimed at expediting cooperative arrangements among and between government, industry, and academic communities so as to minimize risk, enhance common purposes and objectives, and better meet national economic interests. The report introduces the concept of a product-innovation spectrum of activities; a Manufacturing Process Spectrum of activities; and a spectrum of Financial Support Mechanisms, as templates through which the utility of various financial mechanisms can be assessed. It highlights that financial mechanisms must be custom-fitted to match the life-cycle phase in the activity spectrums to be effective. Detailed analyses of actual past cases, ranging from support for synthetic rubber plants in WWII to support for Sematech, an industrial consortium for improved manufacturing of large memory chips, are provided. Keywords: Technology transfer. (KR)