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AEI Classics

AEI is rereleasing some of its most prescient and groundbreaking works from its earliest thinkers and innovators. These books, part of a series called AEI Classics, are available for download as Adobe Acrobat PDFs.

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Home >  Books >  Investing in Innovation
Investing in Innovation
Print Mail
Creating a Research and Innovation Policy That Works
By Scott Wallsten, R. Darryl Banks, Michael Borrus, Harvey Brooks, Duncan M. Brown, Christopher M. Coburn, Linda R. Cohen, Frank Field, Richard Florida, Jane E. Fountain, David H. Guston, David M. Hart, George R. Heaton, Christopher T. Hill, John P. Holdren, Adam B. Jaffe, Brian Kahin, James H. Keller, James Neely, Lucien P. Randazzese, Daniel Roos, Philip Shapira, Jay Stowsky
Edited by Lewis M. Branscomb, James H. Keller
Posted: Saturday, January 1, 2000
Investing in Innovation
Dimensions: 1.75'' x 9.75'' x 6.75''
536 pages
MIT Press
Publication Date: June 1999
Paperback
ISBN: 0262522675
Hardcover
ISBN: 0262024462

"Professor Branscomb and his coauthors are to be complimented for well-crafted presentations of many points of view on a national innovation policy. Their book is an excellent contribution towards an improved national policy in this essential area."

--Senator Pete Domenici (R-NM)

Shortly after taking office in 1993, President Bill Clinton and Vice President Al Gore called for a shift in American technology policy toward an expansion of public investments in partnerships with private industry. The authors of this volume were invited by the Clinton administration to take a hard, nonpartisan look at how successful the new policies have been and to propose ways to make their programs more effective. The first summary report of the team's recommendations was called the "hottest technology policy property on Capitol Hill."

This book, an expansion of that report, offers a new set of technology policy principles. The authors use the principles to evaluate many federal research programs and to make recommendations for change. This volume will set the terms of the debate over the national research and innovation policy for years to come.

AEI resident scholar Scott Wallsten authored the chapter "Rethinking the Small Business Innovation Research Program."

Lewis M. Branscomb is Aetna Professor in Public Policy and Corporate Management, Emeritus, at Harvard University. James H. Keller, formerly Associate Director of the Information Infrastructure Project, John F. Kennedy School of Government, Harvard University, is Vice President of Lexeme Inc.

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