Foreign governments want control of the Internet transferred from an American NGO to an international institution. Washington has responded with a Monroe Doctrine for our times, setting the stage for further controversy.

A seminal volume bringing together the research and critical thinking of many of the world's top macro- and micro-economists to provide a unique, multifaceted perspective on the causes of technological innovation and its relationship to economic performance. Through the use of detailed, up-to-date country and industry studies, Technological Innovation and Economic Performance provides the most authoritative and detailed analysis of this topic ever assembled.

This report states that the ultimate effect of this R & D globalization on the U.S. economy and U.S. industry remains uncertain. But extrapolating from three important trends in the international economy--namely the rise of newly industrializing economies; the restructuring of the American system of innovation; and the globalization of sales and production--it seems likely that knowledge-intensive activities, from basic research to technology-based production, are not permanently anchored in American soil.