1.

Record Nr.

UNINA9910455219903321

Autore

Bhide Amar <1955->

Titolo

The venturesome economy [[electronic resource] ] : how innovation sustains prosperity in a more connected world / / Amar Bhidé

Pubbl/distr/stampa

Princeton, N.J. ; ; Woodstock, Oxfordshire, : Princeton University Press, c2008

ISBN

1-282-15817-1

9786612158179

1-4008-2908-9

Edizione

[Course Book]

Descrizione fisica

xii, 508 p. : ill

Collana

The Kauffman Foundation Series on Innovation and Entrepreneurship

Disciplina

338/.064

Soggetti

Technology transfer - United States

Technology transfer - Developing countries

Research and development partnership

Research and development projects - International cooperation

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di bibliografia

Includes bibliographical references (p. 483-497) and index.

Nota di contenuto

bk. 1. Cautious voyagers -- bk. 2. Embrace or resist?

Sommario/riassunto

Many warn that the next stage of globalization--the offshoring of research and development to China and India--threatens the foundations of Western prosperity. But in The Venturesome Economy, acclaimed business and economics scholar Amar Bhidé shows how wrong the doomsayers are. Using extensive field studies on venture-capital-backed businesses to examine how technology really advances in modern economies, Bhidé explains why know-how developed abroad enhances--not diminishes--prosperity at home, and why trying to maintain the U.S. lead by subsidizing more research or training more scientists will do more harm than good. When breakthrough ideas have no borders, a nation's capacity to exploit cutting-edge research regardless of where it originates is crucial: "venturesome consumption"--the willingness and ability of businesses and consumers to effectively use products and technologies derived from scientific research--is far more important than having a share of such research. In fact, a



venturesome economy benefits from an increase in research produced abroad: the success of Apple's iPod, for instance, owes much to technologies developed in Asia and Europe. Many players--entrepreneurs, managers, financiers, salespersons, consumers, and not just a few brilliant scientists and engineers--have kept the United States at the forefront of the innovation game. As long as their venturesome spirit remains alive and well, advances abroad need not be feared. Read The Venturesome Economy and learn why--and see how we can keep it that way.