The United States of America
The United States of America
In this case study, Rose Marie Ham and David Mowery suggest that the response of the US federal government to globalization has been extremely piecemeal and directed more to the creation of firm‐specific mobile competitive assets than to the upgrading of country‐specific, location‐bound assets (which, inter alia, influence the ability of a country properly to exploit the benefits of the mobile assets). Ham and Mowery illustrate their argument with reference to US policies towards technology, intellectual property rights, and human‐resource development. They suggest that, in response to the increasing internationalization of intangible assets, and the growing competition between governments for these assets, the US government has evolved what it perceives to be a ‘best of both worlds’ strategy, which, while supporting the creation and upgrading of the former assets (notably technology), tries to restrict their cross‐border mobility. Ham and Mowery believe the outcome may in fact be a ‘worst of both worlds’, contending that attention would be better directed towards the development of a more effective and feasible strategy of strengthening the quality of relative immobile assets and supporting the adoption and absorption of technology based assets.
Keywords: assets, case studies, cross‐border mobility, economic policy, globalization, government, human resources, immobile assets, intellectual internationalization, market competition, mobile assets, property rights, technology, USA
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