Note to users. If you're seeing this message, it means that your browser cannot find this page's style/presentation instructions -- or possibly that you are using a browser that does not support current Web standards. Find out more about why this message is appearing, and what you can do to make your experience of our site the best it can be.

Science 5 March 1982:
Vol. 215. no. 4537, pp. 1204 - 1211
DOI: 10.1126/science.215.4537.1204
Prev | Table of Contents | Next

Articles

Technology, Enterprise, and American Economic Growth

Jordan D. Lewis 1

1 Consultant in corporate growth and senior fellow, The Wharton School, University of Pennsylvania

The weakening of technology-based economic growth in the United States may be due to inflation and to fundamental characteristics of American society and not, as is often suggested, to low expenditures on research and development, too much regulation, or risk-averse corporate management. Accordingly, renewed economic growth will require constraining inflation, as well as private initiatives and public policies that reflect the nature of technological progress and of the American people.

To Advertise     Find Products

Science. ISSN 0036-8075 (print), 1095-9203 (online)