Innovation Economics: The Race for Global Advantage
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|Publisher:||Yale University Press|
What We're Saying
Politicians and the punditry across the country are making a good living discussing America's decline, but no one seems to be doing very much about it other than asking people to "vote for me" or "listen to me. " It seems like every time we turn to the news, it's the same story with a different punchline, usually dictated by what side of the political divide the speaker is coming from. Robert Atkinson and Stephen Ezell's new book, Innovation Economics: The Race for Global Advantage, is a welcome, wonkish 440 page respite. READ FULL DESCRIPTION
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 theUnitedStates enacts public policies to reflect this reality, Americans facethe 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 theUnited Statescompares 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 asmaximize the global supply of innovation and promote sustainable globalization."