These conference proceedings contain the papers presented at the international conference "Globalisation of R&D and Technology Markets - Consequences for National Innovation Policies," which was organised by the BMBF and FhG-ISI. In the first part, following the introduction, the policy perspectives are formulated. In the second part the trends, issues and policy implications of the technological globalisation are presented. The third part focusses on international R&D strategies and the promotion of competence centres from the viewpoint of enterprises.