The Innovation Illusion

The Innovation Illusion

How So Little Is Created by So Many Working So Hard

Book - 2016
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Conventional wisdom holds that Western economies are on the threshold of fast-and-furious technological development. Erixon and Weigel refute this idea, bringing together a vast array of data and case studies to tell a very different story. With expertise spanning academia and the business world, Erixon and Weigel illustrate how innovation is being hampered by existing government regulations and corporate practices. The authors explore three key themes: declining economic dynamism in Western economies; growing corporate reluctance to contest markets and innovate; and excessive regulation limiting the diffusion of innovation.
Publisher: New Haven :, Yale University Press,, [2016]
ISBN: 9780300217407
Characteristics: xiv, 297 pages : illustrations ; 25 cm
Additional Contributors: Weigel, Björn - Author
Summary: Conventional wisdom holds that Western economies are on the threshold of fast-and-furious technological development. Erixon and Weigel refute this idea, bringing together a vast array of data and case studies to tell a very different story. With expertise spanning academia and the business world, Erixon and Weigel illustrate how innovation is being hampered by existing government regulations and corporate practices. The authors explore three key themes: declining economic dynamism in Western economies; growing corporate reluctance to contest markets and innovate; and excessive regulation limiting the diffusion of innovation.

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