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| Author: | Udell, G. C. |
| Title: | Strategies for stimulating home-grown technology-based economic development. |
| Journal: | Business Horizons
1988 : SEP-OCT, VOL. 31:6, p. 60-64 |
| Index terms: | ECONOMIC PERFORMANCE TECHNOLOGICAL INNOVATION DEVELOPMENT ECONOMICS STRATEGY |
| Language: | eng |
| Abstract: | The strategies of industrial relocation and high-technology development (HTD) are examined. Some shortcomings of HTD are mentioned. The reasons for a third strategy - promotion of home-grown small business - are highlighted. Formal innovation center activity is described. The business incubator concept is analyzed. The Small Business Development Center (SBCD) Program, initiated in the mid-1970s, is positioned between innovation and incubation centers. Current innovation-related programs are criticized for insufficient attention to mid- to small-scale technology, the lack of adequate marketing and management skill, the exclusion of commercial development. |
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