"Thoughtful . . . . [Segal's] striking argument is that the challengers [India and China] lack America's resilient, open and risk-taking culture." ― Economist The emergence of India and China as economic powers has shifted the global landscape and called into question the ability of the United States to compete. Advantage sorts out the challenges the United States faces and focuses on what drives innovation, what constrains it, and what strengths we have to leverage. Entirely recasting the stakes of the debate, Adam Segal makes the compelling case for the crucial role of the “software” of innovation. By bolstering its politics, social relations, and institutions that move ideas from the lab to the marketplace, the United States can preserve its position as a global power. With up-to-the minute economic and political data, this is a resounding call to tie innovation to larger social goals in an age of global science and technology.
I am not sure who exactly this book is directed to....I give it three stars because I myself have not been fully versed in the power play economics of asia and america...so I learned some things from it. But I would venture to guess that people already versed in this subject would pick up this book and be fairly disappointed....the findings of the book seem somewhat obvious...and though insightful at times certainly nothing revelationary to the point of profound insight....its o.k....good at best...but certainly NOT very good or excellent status.
Interesting read. We always hear that China and India are going eat America's lunch - and they probably will, but not as soon nor as fast of the news media makes out