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Author:Marcus, A. A.
Kaufman, A. M.
Title:Why it is difficult to implement industrial policies : lessons from the synfuels experience.
Journal:California Management Review
1986 : SUMMER, VOL. 28:4, p. 98-114
Index terms:INDUSTRIAL POLICY
IMPLEMENTATION
Language:eng
Abstract:The development of synthetic fuels as an example for an interventionist,long-term industrial policy in the United States. The oil crisis in 1973 gave a new impetus to developing alternative energy sources. Government üsynfuels program offset increased opportunities for business gain. The political coalition building and inter-business rivalry also hindered the progress of the program. Historical account on the reactions of different interest groups. Changes in market forces,contradictory government signals and design problems are the most serious obstacles to implementing this type of industrial policy. The general lessons to be learned from the üsynfuels experience.
SCIMA record nr: 49373
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