TECHNOLOGICAL PARTNERING AND INVESTMENT IN EUROPE - THE CASE OF ADVANCED ELECTRONIC TECHNOLOGIES IN CANADA

The view that the world economy is still one in which nations are thou ght of as sovereign bodies has become out-dated. Consequently, firms h ave become dependent on political and economic decisions that have bee n taken elsewhere in the world. Technology and investment have become interdependent. Consequently, governments can no longer face challenge s of the new economy without thinking and acting globally and actively encourage alliances. They must find new ways of helping firms to attr act new investment and technologies into firms and regions as well as suggesting means of accessing niche markets abroad. This paper conside rs one such new approach taken by Canada through the Investment Prospe cting Programme.