{"product_id":"the-venturesome-economy-how-innovation","title":"The Venturesome Economy How Innovation","description":"\u003cp\u003eMany 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 \u003ci\u003eThe Venturesome Economy\u003c\/i\u003e, acclaimed business and economics scholar Amar Bhidé shows how wrong the doomsayers are.\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e  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.\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e  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.\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e  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 \u003ci\u003eThe Venturesome Economy\u003c\/i\u003e and learn why--and see how we can keep it that way.\u003c\/p\u003e","brand":"MediaPlace","offers":[{"title":"Default Title","offer_id":57310071816574,"sku":"NW9780691145938","price":20.92,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1379\/1261\/files\/9780691145938.jpg?v=1778581183","url":"https:\/\/mediaplace.com\/products\/the-venturesome-economy-how-innovation","provider":"MediaPlace","version":"1.0","type":"link"}