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How can Developmental Network Countries Cross the“Valley of Death” in Science and Technology Transformation:an Interpretation of the U.S.Advanced Manufacturing Industry Alliance |
Li Rui1,2,Liang Zheng1,2 |
(1.School of Public Policy & Management, Tsinghua University;2.China Institute for Science and Technology Policy,Tsinghua University, Beijing 100084, China) |
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Abstract It is the disruptive innovation that promote the United States to become the world’s leading scientific and technological power.However, under the intervention of financial capital, the United States has suffered “valley of death” between the basic research and the applied research.For the past 40 years, the USA has always tried to cross the valley with a range of policy tools.In 2008, the financial crisis exposed the dilemma caused by the hollowing out of manufacturing industry.The strategy of advanced manufacturing was made to overcome the crisis and reshape the “America First”.The Advance Manufacturing Strategy embodies the America as developmental country with networking pattern.With this theoretical perspective, this paper deeply analyzes the top-level design, organizational deployment, and operational mechanism of the Advanced Manufacturing Plan.It is the pressure from strategic vision and the driving force from technological selection that together contribute to the new innovation ecology, and finally, the transforming power is forged.
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Received: 22 February 2021
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