Towards a new technology policy: the integration of generation and diffusion

Abstract In this paper, we propose a novel framework for technology policy aimed both for the generation and diffusion of new technologies—diffusion-based incentive system (DBIS). Based upon the critical examination of related theories and the practice of technology policy, we identify two major problems in current technology policy: the ignorance of technology diffusion policy relative to technology generation policy, and the segregated approach to technology diffusion policy from technology generation policy. To remedy these problems, we argue that two goals of technology policy of generation and diffusion should be integrated and synchronized via a unified policy framework, and propose DBIS which can serve the desired objective.