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Innovation, Entrepreneurship, and the Economy in the US, China, and India
Historical Perspectives and Future Trends
A systematic comparison of entrepreneurship and innovation in three economies
Rajiv Shah (Author), Zhijie Gao (Author), Harini Mittal (Author)
9780128018903
Hardback, published 16 October 2014
416 pages
22.9 x 15.1 x 2.7 cm, 0.72 kg
"How will emerging economies shape our coming life? Will the emerging economies of China and India converge towards a single model of innovative economy or will they preserve their own national characteristics? These issues are addressed in these essays which remind us that the future has already started." --Daniele Archibugi, Italian National Research Council "This book addresses two questions that are crucial to understand the economic growth miracle in China and India. How is innovation activity carried out in these countries? What are the drivers of entrepreneurship in China and India, compared to the U.S.? For those who are interested in understanding economic growth in emerging countries, this book is an essential reading." --Andrea Filippetti, London School of Economics and Political Science "This important new book provides a compelling analysis highlighting the underlying forces driving the United States, China and India -- innovation and entrepreneurship. The book shows how and why entrepreneurship and innovation matter so much even across such disparate economic contexts." --David Audretsch, University of Indiana
What drives innovation and entrepreneurship in India, China, and the United States? Our data-rich and evidence-based exploration of relationships among innovation, entrepreneurship, and economic growth yields theoretical models of economic growth in the context of macroeconomic factors. Because we know far too little about the key characteristics of Chinese and Indian entrepreneurs and the ways they innovate, our balanced, systematic comparison of entrepreneurship and innovation results in a new approach to looking at economic growth that can be used to model empirical data from other countries. The importance of innovation and entrepreneurship to any economy has been recognized since the pioneering work of Joseph Schumpeter. Our analysis of the major factors that affect innovation and entrepreneurship in these three parts of the world – US, China and India –provides a comprehensive view of their effects and their likely futures.
I. Innovation 1. What is Innovation? Why is innovation important? What Factors Affect Innovation? 2. History3. Economy 4. Culture5. Laws and rules (includes role of government and institutions, NIS) 6. Demographics 7. Education and Universities 8. Industry and Market Structures (Regional Clusters) 9. Opportunity Areas for InnovationII. Entrepreneurship 10. What is the Entrepreneurial Process? What factors Affect Entrepreneurship that Results in New Ventures?11. Personal Characteristics12. Social and Cultural Factors13. Entrepreneurial Training 14. External Environment (legal, political, institutional and labor markets) 15. Infrastructure 16. Capital Availability 17. Intrapreneurship - Large Companies III. The Economy 18. Innovation and Entrepreneurship and Economic Growth 19. General Macroeconomic Framework20. A Model for Economic Growth with Innovation and Entrepreneurship 21. Entrepreneurship Indices and Relevant Macroeconomic Data IV. 22. Conclusions and Thoughts about the Future – US, China and India
Subject Areas: Entrepreneurship [KJH], Development economics & emerging economies [KCM]
