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Globalization of techmological innovation
Authors:P Petrella
Institution:  a Head of the FAST programe, Commission of the European Communities, Brussels
Abstract:This paper focuses on strategies and opportunities for European and global development offered bythe globalization of technological innovation (GTI). The author clarifies the concept of GTI by examining eight main aspects of this phenomenon. Focus then turns to Europe as it moves towards integration under the Single European Act. The question of Europe's global position is addressed, and the opportunities prospects and issues raised by GTI for European societies are analysed. The strategic implications of GTI for Durope are examined, and three main options for European (and global) development are presented.
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