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Is War Necessary for Economic Growth? : Military Procurement and Technology Development by Vernon W. Ruttan (2006, Hardcover)

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Product Identifiers

PublisherOxford University Press, Incorporated
ISBN-100195188047
ISBN-139780195188042
eBay Product ID (ePID)45941235

Product Key Features

Number of Pages232 Pages
LanguageEnglish
Publication NameIs War Necessary for Economic Growth? : Military Procurement and Technology Development
SubjectMilitary Science, Economic History, Development / Economic Development, Technical & Manufacturing Industries & Trades, General, Industrial Technology
Publication Year2006
TypeTextbook
AuthorVernon W. Ruttan
Subject AreaTechnology & Engineering, Business & Economics
FormatHardcover

Dimensions

Item Height1 in
Item Weight17.1 Oz
Item Length6.3 in
Item Width9.3 in

Additional Product Features

Intended AudienceScholarly & Professional
LCCN2005-007551
Reviews"We owe Ruttan a debt of gratitude for demonstrating yet again the importance of public sector support in the development of many major technologies."--Journal of Economic Literature, "We owe Ruttan a debt of gratitude for demonstrating yet again the importance of public sector support in the development of many major technologies."--Journal of Economic Literature"We owe Ruttan a debt of gratitude for demonstrating yet again the importance of public sector support in the development of many major technologies."--Journal of Economic Literature"A persuasive writer,...[Ruttan] draws excellent parallels between the items of his study, particularly in the critical role military funding plays in private-firm research...[and] helps to illuminate the military's role in technological procurement. It should interest any scholar of military technological development."--Paul J. Springer, Ph.D., West Point
Dewey Edition22
IllustratedYes
Dewey Decimal338.9730927
SynopsisMilitary and defence related procurement has been an important source of technology development across a broad spectrum of industries that account for an important share of United States industrial production. Changes in the structure of the defence industries and of the U.S. industrial economy make it unlikely that military and defence related procurement would again become an important source of revolutionary new technologies in the absence of a major war., Military and defense-related procurement has been an important source of technology development across a broad spectrum of industries that account for an important share of United States industrial production. In this book, the author focuses on six general-purpose technologies: interchangeable parts and mass production; military and commercial aircraft; nuclear energy and electric power; computers and semiconductors; the INTERNET; and the space industries. In each of these industries, technology development would have occurred more slowly, and in some case much more slowly or not at all, in the absence of military and defense-related procurement. The book addresses three questions that have significant implications for the future growth of the United States economy. One is whether changes in the structure of the United States economy and of the defense-industrial base preclude military and defense-related procurement from playing the role in the development of advanced technology in the future, comparable to the role it has played in the past. A second question is whether public support for commercially oriented research and development will become an important source of new general-purpose technologies. A third and more disturbing question is whether a major war, or the threat of major war, will be necessary to mobilize the scientific, technical, and financial resources necessary to induce the development of new general-purpose technologies. When the history of United States technology development in the next half century is written, it will focus on incremental rather than revolutionary changes in both military and commercial technology. It will also be written within the context of slower productivity growth than of the relatively high rates that prevailed in the United States in the 1950s and 1960s or during the information technology bubble that began in the early 1990s. These will impose severe constraints on the capacity of the United States to sustain a global-class military posture and a position of leadership in the global economy.
LC Classification NumberHC79.T4R878 2006