Research and development (R and D) leads to innovation, and innovation leads to technological change. Technological change, in turn, is the primary driver of economic growth. Public/private partnerships -- cooperative relationships among industry, government, and/or universities -- leverage the efficiency of R and D and are thus a critical aspect of a nation¿s innovation system.
This text is intended for upper-level undergraduate and MBA courses such as Economics and Technology, Economics of Innovation, and Economics of Science and Technology, among others. The first chapter introduces the concept of public/private research partnerships along with other concepts fundamental to an understanding of innovation and technology policy. The framework chapters (2-5) set forth an argument for the public¿s role ¿ government¿s role ¿ in innovation in general and in public/private partnership in particular. The remaining chapters (6-14) describe a number of public/private partnerships and, to the extent possible, evaluate their social impact.

List Of Tables
List Of Figures
Acknowledgements
1: Introduction
Public/Private Partnerships
Public/Private Partnership Framework
Overview Of The Book
2: The History Of Public/Private Partnerships
The Colonial Period
The Period Of National Science And Technology Infrastructure
The Period Of Industrial Science And Technology Infrastructure
The Period Of The World Wars And Afterwards
3: Public Support Of Innovation
Government¿s Role In Innovation
The Role Of Public Research Institutions
4: Technological Change And R&D
Models Of Technological Change
Dimensions Of R&D
R&D By Character Of Use
5: Alternative Models Of Technological Change
Technology And Technological Change
The Entrepreneur And Entrepreneurship
Alternative Models Of Technological Change
APPENDIX On Entrepreneurship
6: The Patent System
History Of The U.S. Patent System
The Economics Of Patenting
Trends In Patenting
7: Tax Incentives
Tax Incentives
The Economics Of Tax Credits
R&E Tax Credit
8: Research Collaborations
Semiconductor Research Corporation
SEMATECH
9: Research Joint Ventures
Public Policy Toward Research Joint Ventures
Trends In RJVs
RJV Partners
University-Based Research Parks
10: Advanced Technology Program
11. National Institute Of Standards And Technology
National Institute Of Standards And Technology
The Economics Of Standards
12: Small Business Innovation Research Program
13: Program Evaluation
Performance Accountability
Fiscal Accountability
Systematic Approaches To The Evaluation Of Public/Private Partnerships
Evaluation Metrics
14: Concluding Statement
References
Index