The Venturesome Economy PDF
By:Amar Bhidé
Published on 2008-09-15 by Princeton University Press
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.
This Book was ranked at 24 by Google Books for keyword Management Leadership Strategy Competition Business Money.
Book ID of The Venturesome Economy's Books is BKenVWCe8GgC, Book which was written byAmar Bhidéhave ETAG "0FQT7xD4D4g"
Book which was published by Princeton University Press since 2008-09-15 have ISBNs, ISBN 13 Code is 9781400829088 and ISBN 10 Code is 1400829089
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