So decisions could lead the German politics to rise a new biotech cluster here focusing on studies against cancer and any kind of flues

Kurze Zusammenfassung:    The audience is to offer solutions, based on inputs we have given before. Economic Structure is allocation or production factors between different sectors of the economy, so the production structure. There is always a lot of possible and potential instrument available. The Filter Model Picture 1, Own Creation How does Technology Policy influence Functions of Economic Order and their realisation? This is what his part of the paper will show in detail. These job losses result in a imbalance and its the Structural Adjustment Policy here to help out with their Technology and Innovation Management instruments. For example to reduce such imbalances the state could intervene with temporary subsidy or state founded retraining measures. A worker from the steel industry just could get fired but with the state help he gets a retraining program so that he can work in the car building industry. His job is then been shifted from the steel to the car building industry but he still has a job and that is why the balance is being stable. Its a temporary help for the concerned industries. So decisions could lead the German politics to rise a new biotech cluster here focusing on studies against cancer and any kind of flues. These 3 aspects form the group of technology policy that diffuses through the functions of economic order. That should help you to stay competitive. The state intervenes and used system in conform instruments to support Brandenburg. That could lead to state failure but under all circumstances the other biotech clusters in Germany will get in contact that the state has used such instruments and they will interrupt this. On the other hand if that is approved its simply system damaging. It defines the primacy of the market from state invention and if the state invention seems inevitable then there is a priority to market-based instruments before market in conform instruments. They use founds that were given away to build up the biotech companies, hire staff, build laboratories and start doing research. It is done a dynamically way so no state money is wasted because everyone follows the rules and still continues working after the state found is over. The state says that Brandenburg focuses on Cancer and Flue studies and Brandenburg starts to work. Because Brandenburg did so well it attracts new scientists, other researches come here to do their PHD degree at the Brandenburg University. The state could expropriate all house owners there or they could use a target conform instrument by paying them a reasonable price for their houses over there. Laws, norms, regulations should help and support the process of technology policy realization. But there are also problems when it comes to realisation. A very special one is the principle agent problem that could arise here. Transaction costs occur when one good is transferred to someone else. An output of the realization in our biotech cluster example would be the pharmacy released to the market, the new scientific Technology and Innovation Management articles, new patents and new installed staff, which gets a new job and gets paid. Also the amount of new PHD degrees that were given in that new sector could be a feedback for the technology policy. Critical Aspects The following shows some aspects that should be controlled when it comes to spending funds, subsidizes during the process of realization of technology policy. Principle Agent Problem Principle Agent Problem is about the information advantage of one party and it can happen that this is lead to misuse and can then lead to market failure. This process is lead by Mister Maier. This example shows a special principle agent problem and it happens in nowadays politics. If Mister Maier is a social responsible person he could say, that he is not interested in that kind of deal. From that point of view its important to use social aware and responsible human beings in such positions to prevent such problems. Man is the weakest point in that case. Incentive Systems Incentives could be the kind of financial or non financial, material or non material to let choose between two alternatives. Their will to work on a long lasting relationship with some state money is not given and its the governments turn to find and filter those free riders out. If government would not control their incentives systems and this may lead to state failure because no company sees the need to work with that money on a long lasting relationship between government and company. Job rotation, control instances from the outside, reduce of their privileges could be installed and help to control the civil services. Case study - Structural Design Policy in the biotechnology sector in Germany Biotechnology has become the driving force of dramatic changes of the innovation process in various sectors. This is illustrated best by the pharmaceutical industry where the traditional chemical paradigm of drug discovery and development is replaced by a new biotechnological paradigm. Regulations, standards, IPR-schemes have to deal with new types of components, and on the demand side new solutions for so far unmet needs are emerging. This case is about the time span of 1995-2003. Actors Picture 2, Own Creation Possible Actors in Structural Design Policy Market players Technology and Innovation Management Industry Universities SME Start-ups PSROs 5.1. Example Structural Structural Structural Conservation Adjustment Design Policy Policy Policy Subsidy for brown coal Car scrap bonus Import duty for high tech products World Bank gives a country a credit to support its steel industry Removing Trade Barriers for high tech products Subsidy to promote innovation Military Support for Afganistan to promote security for daily life National support for solar industry State investmensts in the biotechnology sector 5.3. Exercise Part Three Please read that case and then discuss if the state uses target and order conformed instruments to archive its goals. The State says that Brandenburg should focus their studies on Cancer and Flue research. Brandenburg is very good in research and they finally found a cure for pig flue. Picture 1, Own Creation, How does Technology Policy influence Functions of Economic Order and their realisation? Picture 2, Own Creation, Possible Actors in Structural Design Policy Technology and Innovation Management

Auszug aus dem Inhalt:    Then it suggested to take that instrument that is the most target conform, e.g It is done a dynamically way so no state money is wasted because everyone follows the rules and still continues working after the state found is over So the state decides to buy the new flue medicine from Brandenburg, which was possible because Brandenburg had definitely competition advantages over the other biotech clusters Job rotation, control instances from the outside, reduce of their privileges could be installed and help to control the civil services Or also the time dimension of the production process Picture 1, Own Creation, How does Technology Policy influence Functions of Economic Order and their realisation? 2 The biotechnology sector in Germany was in the growth phase of its life cycle Keep in mind the functions of the structure policies we told you Exercise Part Three Please read that case and then discuss if the state uses target and order conformed instruments to archive its goals Laws, norms, regulations should help and support the process of technology policy realization If government would not control their incentives systems and this may lead to state failure because no company sees the need to work with that money on a long lasting relationship between government and company They produce thousands of rules for different aspects of daily, politically and economically life and its hard to get through all of it Their will to work on a long lasting relationship with some state money is not given and its the governments turn to find and filter those free riders out Example Structural Structural Structural Conservation Adjustment Design Policy Policy Policy Subsidy for brown coal Car scrap bonus Import duty for high tech products World Bank gives a country a credit to support its steel industry Removing Trade Barriers for high tech products Subsidy to promote innovation Military Support for Afganistan to promote security for daily life National support for solar industry State investmensts in the biotechnology sector 5.3 We stimulate discussion, encourage express their own thoughts on the subject, and this will provide better understanding and memorizing of the material by the group A worker from the steel industry just could get fired but with the state help he gets a retraining program so that he can work in the car building industry Principle Agent Problem Principle Agent Problem is about the information advantage of one party and it can happen that this is lead to misuse and can then lead to market failure The State says that Brandenburg should focus their studies on Cancer and Flue research Critical Aspects The following shows some aspects that should be controlled when it comes to spending funds, subsidizes during the process of realization of technology policy

Bildbeschreibung: Actors Picture 2, Own Creation Possible Actors in Structural Design Policy Market players Technology and Innovation Management Industry Universities SME Star...

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2025-04-17T01:31:15

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