Attention is directed first to the external as well as the internal contexts within which prospective innovations are evaluated. Turning to the actual decision-making processes, a review of the evaluational bases for decision is followed by consideration of how these lead to actual decisions and...

Technological advances have come to be recognized as probably the most important sources of economic progress, including the productivity and competitive strength of industries, growth in national income and gains both in standards of living and in military security. It has become increasingly...

After calling attention to some misleading conceptions of the industrial sectors facing increasing challenges from abroad, the analysis highlights the primary sources of recent shortcomings in the competitiveness of major industries in the US and in some other long industrialized economies....