Michael Veseth
- Published in print:
- 1991
- Published Online:
- October 2011
- ISBN:
- 9780195064209
- eISBN:
- 9780199854998
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780195064209.003.0011
- Subject:
- Economics and Finance, Economic History
It is one thing to identify the problem of the saddle point and point out the need for policies to move the economy in a new direction. It is another thing actually to conceive of policies that might ...
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It is one thing to identify the problem of the saddle point and point out the need for policies to move the economy in a new direction. It is another thing actually to conceive of policies that might realistically alter the economy's course. Finally, it is a very hard thing to overcome the forces of institutional momentum and actually implement these policies. However, this chapter concludes with a proposal that might well set the United States on a better path as it heads toward the future. It offers one plan with some hope of shifting the economy's momentum without thoroughly distorting private sector incentives or resorting to a heavy-handed and ultimately unsuccessful layer of coercive government controls. The Saddle Point Plan has three main parts: income tax reform, deficit reduction, and a major new program of federal grants to state and local governments for education and training programs.Less
It is one thing to identify the problem of the saddle point and point out the need for policies to move the economy in a new direction. It is another thing actually to conceive of policies that might realistically alter the economy's course. Finally, it is a very hard thing to overcome the forces of institutional momentum and actually implement these policies. However, this chapter concludes with a proposal that might well set the United States on a better path as it heads toward the future. It offers one plan with some hope of shifting the economy's momentum without thoroughly distorting private sector incentives or resorting to a heavy-handed and ultimately unsuccessful layer of coercive government controls. The Saddle Point Plan has three main parts: income tax reform, deficit reduction, and a major new program of federal grants to state and local governments for education and training programs.
Jean E. Schelhorn and Joan M. Herbers
- Published in print:
- 2022
- Published Online:
- February 2022
- ISBN:
- 9780197512715
- eISBN:
- 9780197512746
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/oso/9780197512715.003.0009
- Subject:
- Economics and Finance, Development, Growth, and Environmental
Chapter 5 describes funding streams available for researchers and intellectual property (IP) obligations that accompany the award. The responsibility for initiating reports of inventions rests with ...
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Chapter 5 describes funding streams available for researchers and intellectual property (IP) obligations that accompany the award. The responsibility for initiating reports of inventions rests with the researcher, and thereafter other institutional offices become involved. The four major types of funding are intramural funds, external grants, industry sponsored agreement, and crowdfunding; they have variable expectations for how the results stemming from that funding can be commercialized. Consulting activity and special programs to promote commercialization such as I-Corps are treated briefly. Finally, we explore the crowdfunding environment, which has emerged as a source of early support for commercialization.Less
Chapter 5 describes funding streams available for researchers and intellectual property (IP) obligations that accompany the award. The responsibility for initiating reports of inventions rests with the researcher, and thereafter other institutional offices become involved. The four major types of funding are intramural funds, external grants, industry sponsored agreement, and crowdfunding; they have variable expectations for how the results stemming from that funding can be commercialized. Consulting activity and special programs to promote commercialization such as I-Corps are treated briefly. Finally, we explore the crowdfunding environment, which has emerged as a source of early support for commercialization.
