Abstract

Abstract Economic research emphasises the role of increasing returns to scale and critical mass in research and technology development. This suggests that countries benefit from specialising in certain technologies and can thereby bundle available resources. Using the example of the Exzellenzstrategie and the Zukunftsstrategie, we argue that German RTI policy lacks strategic prioritisation. The lack of focus implies that Germany spreads its resources too thinly over many technological alternatives and therefore fails to create critical mass within each of them. The guiding principles for a German RTI policy should focus on creating critical mass through specialisation..

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.