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Technical change in the commercial aircraft industry, 1925–1975 |
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| Authors: | David C Mowery Nathan Rosenberg |
| Institution: | a DAVID C. MOWERY is a Research Fellow at the Graduate School of Business Administration, Harvard University, Social Science Department, Carnegie-Mellon University, USA b NATHAN ROSENBERG is Fairleigh S. Dickinson, Jr. Professor of Public Policy Department of Economics, Stanford University, USA |
| Abstract: | The American commercial aircraft industry has complied an extremely impressive record of performance in innovation and growth in output. This paper assesses the impact of government policy during a fifty-year period upon innovative performance and market structure in the commercial aircraft industry. In general, this apparent success of government policies in supporting rapid technical change in the industry reflects the impact of these policies upon both the supply of technological knowledge and the demand for innovative aircraft designs. The success of this policy structure has implications for technology policies in other industries. |
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