This important book delivers a critical wake-up call: a fierce global race for innovation advantage is under way, and while other nations are making support for technology and innovation a central tenet of their economic strategies and policies, America lacks a robust innovation policy. What does this portend? Robert Atkinson and Stephen Ezell, widely respected economic thinkers, report on profound new forces that are shaping the global economy—forces that favor nations with innovation-based economies and innovation policies. Unless the United States enacts public policies to reflect this reality, Americans face the relatively lower standards of living associated with a noncompetitive national economy.
The authors explore how a weak innovation economy not only contributed to the Great Recession but is delaying America's recovery from it and how innovation in the United States compares with that in other developed and developing nations. Atkinson and Ezell then lay out a detailed, pragmatic road map for America to regain its global innovation advantage by 2020, as well as maximize the global supply of innovation and promote sustainable globalization.
Baker & Taylor
Examines the forces reshaping the global economy that favor nations committed to technological innovations, and assesses what the lack of an innovation policy could mean for the U.S. in the future.
the race for global advantage
Explaining U.S. economic decline
Learning from the wrong masters: lessons from UK industrial decline
Why do so many refuse to see U.S. structural economic decline?
What are innovation and innovation policy and why are they important?
Crafting innovation policy to win the race
Cheating as a way to win the race: innovation mercantilism as the strategy of choice
Winning the race for innovation advantage with the eight "I's" of innovation policy
The only thing we have to fear is fear itself: why don't we have more innovation and more innovation policy?
Can nations overcome the barriers to innovation?
Creating a robust global innovation system
Diffusion of innovations
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