Technological Competition and Trade in the Experimentally Organized Economy

In the experimentally organized economy introduced in this book the manufacturing firm is portrayed largely as an information processor. The implications for foreign trade, industrial policy and economic growth are explored. These issues have long been an important theme of research at the institute. This book includes three articles published during 1987. An introductory chapter has been added to link the articles together. This publication can be seen as an intermediate report from an ongoing study aimed at highlighting the nature of technological competition among multinational firms in international markets, and the basis of competitiveness of nations.