This book examines how transnational corporations, small to medium enterprises and governments have emerged as the principal players in industrial development. This valuable work examines this trend, with particular reference to the role of the tax policy in technology development, the financing of technology-sector SMEs, the role of government policy and the relationship between competition and co-operation.
List of figures and tables vii(1) List of contributors viii(1) Preface ix Introduction 1(10) PART I Competition as cooperation: policy perspective 11(60) 1 High-technology industrial policy in Canada: the future of an illusion or an illusion of the future 13(17) ROBERT HOWSE 2 The role of cooperative industrial policy in Canada and Ontario 30(34) DAVID A. WOLFE 3 Commentary 64(7) MICHAEL J. TREBILCOCK PART II Tax policy and technology development 71(44) 4 Tax incentives and comparative advantage 73(20) PAUL HALPERN JACK MINTZ 5 Evaluating R&D income tax incentives: some lessons from the Australian experience 93(22) GORDON J. LENJOSEK PART III Bank financing of technology development: lending to small to mid-sized enterprises 115(62) 6 The banks and innovative enterprise: opportunities and constraints 117(39) JEFFREY G. MACINTOSH 7 The role of banks in the financing of knowledge-based SMEs 156(16) PAUL A. TORIEL 8 Commentary 172(5) LARRY WYNANT PART IV Competition as cooperation: law and economics perspective of cooperative industrial policy 177(70) 9 Competition policy and cooperative innovation 179(20) DONALD G. MCFETRIDGE 10 Competition as cooperation: SEMATECH, Inc. and the case for competitive industrial policy 199(43) RICHARD J. BRAUDO 11 Commentary 242(5) DEREK IRELAND Index 247
Richard J. Braudo is a Toronto- and Dallas-based Business Economist and Management Consultant. He has been a Business Economist for more than fifteen years and a lawyer since 1996. His research includes work on competition and constitutional law, health care, international trade policy, and e-commerce. Jeffrey G. MacIntosh is a Professor of Law at the University of Toronto. He has written extensively on topics relating to corporate and securities law and has recently focused his research upon the financing of small, high technology companies.
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