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 Bhide shows how wrong the doomsayers are. Using extensive field studies on venture-capital-backed businesses to examine how technology really advances in modern economies, Bhide explains why know-how developed abroad enhances - not diminishes - prosperity at home, and why trying to ...
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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 Bhide shows how wrong the doomsayers are. Using extensive field studies on venture-capital-backed businesses to examine how technology really advances in modern economies, Bhide 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.
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Add this copy of The Venturesome Economy: How Innovation Sustains to cart. $11.90, very good condition, Sold by Wonder Book - Member ABAA/ILAB rated 5.0 out of 5 stars, ships from Frederick, MD, UNITED STATES, published 2008 by Princeton University Press.
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Very good. 8vo, hardcover. Vg condition in vg+ dj. Neatly glue-repaired tear/abrasion to edge of front endpaper w/ shallow crinkle to corner of first 3 pgs; interior bright, crisp & clean, unread; dj very slightly edge-creased. xii, 508 p.
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