Reindustralization and technology / by Roy Rothwell and Walter Zegveld

Reindustrialization and Technology addresses a central issue in economic and social policy - how to effect economic growth through technological change. The authors argue that successful reindustrialization must rely substantially on the development and diffusion of new waves of technological innovation just as the current world economic crisis is largely due to the simultaneous maturization of the technology-based industries of the post-war era.

The book outlines the tripod bases of a balanced and integrated reindustrialization policy: the encouragement of a scientific and technical infrastructure so that technical opportunities are available; an understanding of the structure and dynamics of industrial sectors; an awareness of the size and make-up of market demand. Government plays the central role in motivating technical/industrial links, restructuring existing business sectors, and in providing the essential regulatory and fiscal frameworks. The authors make a powerful case for closer integration of technology policy and macro-economic thinking.

The book will win an audience among public policymakers and senior industrial managers and prove a necessary text for students of economics, management, public policy and of social studies science and engineering.