Abstract
Outline of the globalization of technological innovation with examples drawn from the FAST II program (1983-87) The globalization of technology and the economy, and the formation of global enterprises stem from the following reasons. I: The economic crisis in the 1970's II: The technological progress of the communication system and the transportation system III: Intensive information requirements and the reduced life cycle of products and services Mutual agreements to cooperate between enterprises, which is conspicuous in advanced technology, aims at access to new markets, the reduction of risk, and the mutual compensation of technology. This global strategy taken by enterprises is going to have great influence on technological development. Because of mutual agreements between enterprises, the relations among the U.S.A., Japan and Europe (Triadic Power) may solidify in the future. In addition, relations within Europe may solidify through the unification of the European market. Outline of the Monitor program The monitor program consists of the three activities. I: Strategic and impact analysis (SAST) II: FAST forecasting III: Research and studies to improve methodologies and the effectiveness of evaluating of R&D activities (SPEAR) This program will run from 1989 till 1991.