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The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World (The Kauffman Foundation Series on Innovation and Entrepreneurship) by Amar Bhidé; Amar Bhid; Amar Bhidé is a nonfiction available to read on EtoBox.

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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--entrepr

Who reads The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World (The Kauffman Foundation Series on Innovation and Entrepreneurship)?

Author

Amar Bhidé; Amar Bhid; Amar Bhidé

Publisher

Princeton University Press

Published

2008

Language

EN

ISBN

9786612158179

Category

nonfiction

Subjects

Technology, Business, Economics