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Author: Ben L. Kedia
Publisher: Edward Elgar Publishing
ISBN: 9781781005941
Category : Competition
Languages : en
Pages : 0
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Book Description
Though we live in an era of rapid innovation, the United States has introduced comparatively few commercial innovations within the past decade. Innovation shortfall contributes to weaker trade performance, decreased productivity growth, lower wages and many other economic woes. This study provides insightful recommendations for developing enhanced innovation efforts that could help foster substantial, long-term economic growth. As a high-wage country, the US relies on its ability to develop innovative products and services in order to compete with low-cost countries such as China, South Korea, India and Brazil. The contributors to this book, all well-known international business scholars, offer a diversity of perspectives on how the US can leverage its capacity for innovation to retain a competitive advantage within the global economy. Topics discussed include strategic organization, corporate leadership and innovation theory, as well as specific innovation challenges facing the US today. This book will prove an invaluable resource for students and professors of international business, along with those interested in examining how countries can become more economically competitive through increased focus on innovation. Contributors K. Aceto, J.D. Arthurs, N. Balasubramanian, S.Y. Cho, E. De Lia, F.C. de Sousa, D. Dougherty, D.D. Dunne, T.L. Galloway, J. Harkins, S.C. Jain, V.K. Jain, B.L. Kedia, S.K. Kim, J. Lee, R. Leung, C.L. Levesque, D.J. Miller, D.R. Miller, S.E. Mooty, R. Pellissier, S. Raghunath, J.C. Ronquillo, R. Sarathy, J.B. Sears, D. Smith, M.T.T. Thai, E. Turkina, S. Vachani
Author: Ben L. Kedia
Publisher: Edward Elgar Publishing
ISBN: 9781781005941
Category : Competition
Languages : en
Pages : 0
Get Book
Book Description
Though we live in an era of rapid innovation, the United States has introduced comparatively few commercial innovations within the past decade. Innovation shortfall contributes to weaker trade performance, decreased productivity growth, lower wages and many other economic woes. This study provides insightful recommendations for developing enhanced innovation efforts that could help foster substantial, long-term economic growth. As a high-wage country, the US relies on its ability to develop innovative products and services in order to compete with low-cost countries such as China, South Korea, India and Brazil. The contributors to this book, all well-known international business scholars, offer a diversity of perspectives on how the US can leverage its capacity for innovation to retain a competitive advantage within the global economy. Topics discussed include strategic organization, corporate leadership and innovation theory, as well as specific innovation challenges facing the US today. This book will prove an invaluable resource for students and professors of international business, along with those interested in examining how countries can become more economically competitive through increased focus on innovation. Contributors K. Aceto, J.D. Arthurs, N. Balasubramanian, S.Y. Cho, E. De Lia, F.C. de Sousa, D. Dougherty, D.D. Dunne, T.L. Galloway, J. Harkins, S.C. Jain, V.K. Jain, B.L. Kedia, S.K. Kim, J. Lee, R. Leung, C.L. Levesque, D.J. Miller, D.R. Miller, S.E. Mooty, R. Pellissier, S. Raghunath, J.C. Ronquillo, R. Sarathy, J.B. Sears, D. Smith, M.T.T. Thai, E. Turkina, S. Vachani
Author: Ben L. Kedia
Publisher: Edward Elgar Publishing
ISBN: 1781005958
Category : Business & Economics
Languages : en
Pages : 385
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Book Description
America is at the frontier of modern technological and scientific advances and sustaining economic growth depends substantially on its ability to advance that frontier. This insightful book provides some important ideas to enhance this process. The con
Author: Amber J. Thomas
Publisher:
ISBN: 9781620815267
Category : Competition
Languages : en
Pages : 186
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Book Description
The U.S. economy reigned supreme in the 20th century, becoming the largest most productive, and most competitive in the world; amazing new technologies were invented and commercialized; the workforce became the most educated in the world; and incomes soared while a large middle class emerged and thrived. As the 21st century approached, however, alarms began to sound about the U.S. economy's ability to remain in this preeminent position. Incomes stagnated and job growth slowed. Other countries became better educated and our manufacturing sector lost ground to foreign competitors. Observers have expressed concern that the scientific and technological building blocks critical to our economic leadership have been eroding at a time when many other nations are actively laying strong foundations in these same areas. This book provides an overview of the restoration of American innovation which is the key driver of competitiveness, wage and job growth, and long-term economic growth.
Author: Gary Shapiro
Publisher: Beaufort Books
ISBN: 0825305632
Category : Political Science
Languages : en
Pages : 228
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Book Description
America seems to be on a downward slide. Our government spends too much, our economy creates too little, and we aren't preparing our children to compete in a global marketplace. Yet our politicians—Republican and Democrat alike—just don't get it. While once-great cities fall into decay, Washington thrives, living off the hard work and tax dollars of the private sector. It's time for an American comeback—and it starts with innovation. Throughout its history, America's great innovators have been the drivers of our unsurpassed economic success. American innovation transformed a country of ragtag farmers into the epicenter of the world's technological progress. Innovation creates jobs, markets, and new industries where none existed before. Most importantly, innovation moves us forward as a nation, pushing us to succeed and strive for a better tomorrow. In short, innovation is the American Dream. In The Comeback, Gary Shapiro shows us how to return innovation to its rightful place at the center of America's economic policy. The Comeback is a new blueprint for America's success.
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309255511
Category : Technology & Engineering
Languages : en
Pages : 598
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Book Description
America's position as the source of much of the world's global innovation has been the foundation of its economic vitality and military power in the post-war. No longer is U.S. pre-eminence assured as a place to turn laboratory discoveries into new commercial products, companies, industries, and high-paying jobs. As the pillars of the U.S. innovation system erode through wavering financial and policy support, the rest of the world is racing to improve its capacity to generate new technologies and products, attract and grow existing industries, and build positions in the high technology industries of tomorrow. Rising to the Challenge: U.S. Innovation Policy for Global Economy emphasizes the importance of sustaining global leadership in the commercialization of innovation which is vital to America's security, its role as a world power, and the welfare of its people. The second decade of the 21st century is witnessing the rise of a global competition that is based on innovative advantage. To this end, both advanced as well as emerging nations are developing and pursuing policies and programs that are in many cases less constrained by ideological limitations on the role of government and the concept of free market economics. The rapid transformation of the global innovation landscape presents tremendous challenges as well as important opportunities for the United States. This report argues that far more vigorous attention be paid to capturing the outputs of innovation - the commercial products, the industries, and particularly high-quality jobs to restore full employment. America's economic and national security future depends on our succeeding in this endeavor.
Author: Gary P. Pisano
Publisher: PublicAffairs
ISBN: 1610398769
Category : Business & Economics
Languages : en
Pages : 288
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Book Description
This myth-busting book shows large companies can construct a strategy, system, and culture of innovation that creates sustained growth. Every company wants to grow, and the most proven way is through innovation. The conventional wisdom is that only disruptive, nimble startups can innovate; once a business gets bigger and more complex corporate arteriosclerosis sets in. Gary Pisano's remarkable research conducted over three decades, and his extraordinary on-the ground experience with big companies and fast-growing ones that have moved beyond the start-up stage, provides new thinking about how the scale of bigger companies can be leveraged for advantage in innovation. He begins with the simply reality that bigger companies are, well, different. Demanding that they "be like Uber" is no more realistic than commanding your dog to speak French. Bigger companies are complex. They need to sustain revenue streams from existing businesses, and deal with Wall Street's demands. These organizations require a different set of management practices and approaches--a discipline focused on the strategies, systems and culture for taking their companies to the next level. Big can be beautiful, but it requires creative construction by leaders to avoid the creative destruction that is all-too-often the fate of too many.
Author: Gary P. Pisano
Publisher: Harvard Business Press
ISBN: 1422187543
Category : Business & Economics
Languages : en
Pages : 256
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Book Description
Manufacturing’s central role in global innovation Companies compete on the decisions they make. For years—even decades—in response to intensifying global competition, companies decided to outsource their manufacturing operations in order to reduce costs. But we are now seeing the alarming long-term effect of those choices: in many cases, once manufacturing capabilities go away, so does much of the ability to innovate and compete. Manufacturing, it turns out, really matters in an innovation-driven economy. In Producing Prosperity, Harvard Business School professors Gary Pisano and Willy Shih show the disastrous consequences of years of poor sourcing decisions and underinvestment in manufacturing capabilities. They reveal how today’s undervalued manufacturing operations often hold the seeds of tomorrow’s innovative new products, arguing that companies must reinvest in new product and process development in the US industrial sector. Only by reviving this “industrial commons” can the world’s largest economy build the expertise and manufacturing muscle to regain competitive advantage. America needs a manufacturing renaissance—for restoring itself, and for the global economy as a whole. This will require major changes. Pisano and Shih show how company-level choices are key to the sustained success of industries and economies, and they provide business leaders with a framework for understanding the links between manufacturing and innovation that will enable them to make better outsourcing decisions. They also detail how government must change its support of basic and applied scientific research, and promote collaboration between business and academia. For executives, policymakers, academics, and innovators alike, Producing Prosperity provides the clearest and most compelling account yet of how the American economy lost its competitive edge—and how to get it back.
Author: Katherine M. Gehl
Publisher: Harvard Business Press
ISBN: 1633699242
Category : Political Science
Languages : en
Pages : 316
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Book Description
Leading political innovation activist Katherine Gehl and world-renowned business strategist Michael Porter bring fresh perspective, deep scholarship, and a real and actionable solution, Final Five Voting, to the grand challenge of our broken political and democratic system. Final Five Voting has already been adopted in Alaska and is being advanced in states across the country. The truth is, the American political system is working exactly how it is designed to work, and it isn't designed or optimized today to work for us—for ordinary citizens. Most people believe that our political system is a public institution with high-minded principles and impartial rules derived from the Constitution. In reality, it has become a private industry dominated by a textbook duopoly—the Democrats and the Republicans—and plagued and perverted by unhealthy competition between the players. Tragically, it has therefore become incapable of delivering solutions to America's key economic and social challenges. In fact, there's virtually no connection between our political leaders solving problems and getting reelected. In The Politics Industry, business leader and path-breaking political innovator Katherine Gehl and world-renowned business strategist Michael Porter take a radical new approach. They ingeniously apply the tools of business analysis—and Porter's distinctive Five Forces framework—to show how the political system functions just as every other competitive industry does, and how the duopoly has led to the devastating outcomes we see today. Using this competition lens, Gehl and Porter identify the most powerful lever for change—a strategy comprised of a clear set of choices in two key areas: how our elections work and how we make our laws. Their bracing assessment and practical recommendations cut through the endless debate about various proposed fixes, such as term limits and campaign finance reform. The result: true political innovation. The Politics Industry is an original and completely nonpartisan guide that will open your eyes to the true dynamics and profound challenges of the American political system and provide real solutions for reshaping the system for the benefit of all. THE INSTITUTE FOR POLITICAL INNOVATION The authors will donate all royalties from the sale of this book to the Institute for Political Innovation.
Author: Vinod K. Jain
Publisher: Routledge
ISBN: 1317549295
Category : Business & Economics
Languages : en
Pages : 343
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Book Description
Global Strategy: Competing in the Connected Economy details how firms enter, compete and grow in foreign markets. Jain moves away from the traditional focus on developed countries and their multinational enterprises, instead focusing on both developed and emerging economies, as well as their interaction in an increasingly connected world. As the current global business environment is increasingly shaped—and connected—by faster technological developments, geopolitical forces, emerging economies, and new multinationals from those economies, this highly charged dynamic provides rich opportunity to revisit mainstream paradigms in globalization, innovation, and global strategy. The book rises to the challenge, exploring new competitive phenomena, new business models, and new strategies. Rich illustrations, real-world examples, and case data, provide students and executives with the insights necessary to connect, compete, and grow in a globalized business environment. This bold book succinctly covers strategy models and implementation for a range of global players, providing students of strategy and international business with a rich understanding of the contemporary business environment. For access to additional materials, including Powerpoint slides, a list of suggested cases, and sample syllabus, please contact Vinod Jain (
[email protected]).
Author: Vinod Jain
Publisher: CRC Press
ISBN: 1000885291
Category : Business & Economics
Languages : en
Pages : 232
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Book Description
The world today is at the intersection of two megatrends – Globalization and Digitalization – a business revolution unfolding in real time. Global Meets Digital captures the many nuances of this revolution succinctly, including its impact on our lives and business. An immediate implication of this revolution is that the economic principles that underpinned business and strategy for hundreds of years, such as diminishing returns to scale and resource scarcity, are no longer valid for a large and growing number of products and services. The book will challenge you to think differently not just about digital products, but also about physical products. In the global-digital world, products are of three kinds—physical, digital, and smart machines (products that are both physical and digital, and connected to the internet)—a distinction missed by most books on strategy and global business. The economics of each kind of products is distinct from that of the others, which has strategic implications for all kinds of businesses –implications such as how to compete and how to create and capture value. With several mini case studies and over 100 company examples, the book covers themes and cutting-edge issues like the paradox of globalization, digital disruption, disruptive business models, exponential technologies, Internet of Things, competition in digital markets, winner-take-all market dynamics, Industry 4.0, how to innovate, strategizing for the New Normal, and value creation and value capture in both B2C and B2B contexts. The book derives its underpinnings from the practice of global and digital business, while theory remains in the background. Intended specifically for an executive/professional audience, Global Meets Digital should also be of value to business students and professors learning to dip their toes into a digital world. Vinod Jain is an expert in global and digital strategy, award-winning professor, Fulbright Scholar, and author of an MBA textbook, Global Strategy. He taught at the Rutgers Business School, Newark and New Brunswick, and the Robert H. Smith School of Business, University of Maryland, College Park. At Maryland, he was also the Founding Director of the federally funded Center for International Business Education and Research and Academic Director of Smith School’s Executive MBA program in China. Since leaving Maryland, he has taught in China, Denmark, Finland, Poland, and India as a visiting or term professor. His opinion pieces have appeared in The Washington Post, The Baltimore Sun, Mensa Bulletin, and Economic Times and Mint (India's #1 and #2 business dailies), among other media. In the past, he worked as a middle- and senior-level executive with American and British multinationals. Vinod has a PhD in Strategy and International Business from the University of Maryland, College Park, MS in Management from UCLA, and MS and BS (Hons) in Statistics from the Indian Statistical Institute, Calcutta.
