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Innovation Economics: The Race for Global Advantage
     

Innovation Economics: The Race for Global Advantage

by Robert D. Atkinson
 

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ISBN-10: 0300168993

ISBN-13: 9780300168990

Pub. Date: 09/04/2012

Publisher: Yale University Press

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

Overview

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.

Product Details

ISBN-13:
9780300168990
Publisher:
Yale University Press
Publication date:
09/04/2012
Pages:
440
Product dimensions:
6.30(w) x 9.30(h) x 1.30(d)

Table of Contents

1 The Race for Global Innovation Advantage 1

2 Explaining U.S. Economic Decline 17

3 Learning from the Wrong Master: Lessons from U.K. Industrial Decline 57

4 Why Do So Many Refuse to See U.S. Structural Economic Decline? 85

5 What Are Innovation and Innovation Policy and Why Are They Important? 128

6 Crafting Innovation Policy to Win the Race 162

7 Cheating as a Way to Win the Race: Innovation Mercantilism as the Strategy of Choice 190

8 Winning the Race for Innovation Advantage with the Eight "I's" of Innovation Policy 226

9 Why Don't We Have More Innovation and Innovation Policy? 264

10 Can Nations Overcome the Barriers to Innovation? 301

11 Creating a Robust Global Innovation System 338

Notes 367

Index 417

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