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Time Horizons and Technology Investments

by: Committee on Time Horizons and Technology Investments, National Academy of Engineering

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Binding: Paperback
Dewey Decimal Number: 331
EAN: 9780309046473
ISBN: 0309046475
Label: National Academies Press
Manufacturer: National Academies Press
Number Of Items: 1
Number Of Pages: 120
Publication Date: January 01, 1992
Publisher: National Academies Press
Studio: National Academies Press

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Editorial Review:

Book Description:
It is frequently argued that U.S. corporations have shorter time horizons for planning and investment than their Japanese and German competitors. This argument, though widely accepted in studies of U.S. competitiveness, has rarely been examined in depth.
Time Horizons and Technology Investments explores the evidence that some U.S. corporations consistently select projects biased toward short-term return and addresses factors influencing the time-related preferences of U.S. corporate managers in selecting projects for investment. It makes recommendations to policymakers and managers about policies to mitigate negative external influences and about strategies to remove internal biases toward noncompetitive decisions.

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