The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World


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Many 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 "The Venturesome Economy," acclaimed business and economics scholar Amar Bhide shows how wrong the doomsayers are. Using extensive field studies on venture-capital-backed businesses to examine how technology really advances in modern economies, Bhide explains why know-how developed abroad enhances--not diminishes--prosperity at home, and why trying to ...