Ashish Arora – författare

A clear-eyed, data-driven guide to reignite America's innovation engine and turn breakthrough science into broad-based prosperity.America's innovation advantage has historically rested on a balanced division of innovative labor among corporate labs, universities, startups, and government. In the mid-twentieth century, famed corporate laboratories--Bell Labs, Xerox PARC, DuPont Central Research--combined discovery and development under one roof, turning frontier science into world-changing innovations. Today, many of these labs have closed, downsized, or redirected toward more short-term applications, while universities and startups have taken their stead.Inventing Prosperity explains how these structural shifts have affected the American innovation engine. In fields such as the life sciences, a deeper division of labor has accelerated discovery and commercialization by fostering specialization. In nanotechnology, new materials, and other "deep-tech" sectors, however, the results have been more disappointing. Drawing on a wealth of data linking patents, scientific papers, venture activity, and firm performance, the authors show that the chief bottleneck is not a shortage of breakthrough science or funding but a structural mismatch. Fixing this mismatch requires strengthening the connective tissue among the ecosystem's actors. Blending economic history, case studies, and fresh policy analysis, this book provides a clear-eyed, data-driven guide to reigniting America's innovation. It calls for rebuilding translational capacity inside firms, forging smarter public-private partnerships, broadening innovation policy to include smart procurement, and experimenting with new types of research organizations, so that ideas can cross institutional borders at speed. In doing so, Inventing Prosperity shows how to convert twenty-first-century breakthroughs into broad-based growth.

In 1980 the Indian software industry was practically non-existent. By the 1990s the industry was one of the largest employers in manufacturing. Similar patterns of growth can be found in other emerging economies. So given that the software industry is commonly viewed as a high-tech industry, how is it that such spectacular growth has occurred in countries where high-tech industries would not seem likely to develop? This book examines the reasons behind this phenomenon, and asks whether it suggests a new model of economic development. The contributors explore the implications of the rise of these newcomers to the software market for the global industry, and whether there are things to be learnt about the role of human capital in economic growth, firm formation and capabilities, business and managerial models, and industry structure. Chapters include country studies on Brazil, China, India, Ireland, and Israel, and are complemented by cross-cutting chapters on some of the key issues highlighted by the growth patterns of software in these nations, most notably the role of the multinational companies, the globalization of the skilled worker flows, and the formation of firm capabilities. The novelty of the growth patterns in the regions that studied makes this book useful for understanding analytical and empirical issues underlying new microfoundations of economic growth in some emerging regions of the world.

In 1980 the Indian software industry was practically non-existent. By the 1990s the industry was one of the largest employers in manufacturing. Similar patterns of growth can be found in other emerging economies. So given that the software industry is commonly viewed as a high-tech industry, how is it that such spectacular growth has occurred in countries where high-tech industries would not seem likely to develop?This book examines the reasons behind this phenomenon, and asks whether it suggests a new model of economic development. The contributors explore the implications of the rise of these newcomers to the software market for the global industry, and whether there are things to be learnt about the role of human capital in economic growth, firm formation and capabilities, business and managerial models, and industry structure.Chapters include country studies on Brazil, China, India, Ireland, and Israel, and are complemented by cross-cutting chapters on some of the key issues highlighted by the growth patterns of software in these nations, most notably the role of the multinational companies, the globalization of the skilled worker flows, and the formation of firm capabilities. The novelty of the growth patterns in the regions that studied makes this book useful for understanding analytical and empirical issues underlying new microfoundations of economic growth in some emerging regions of the world.

"This magisterial volume will be the definitive study of the economics and history of the chemical industry for many years to come. The core of the volume is a study of the process of innovation in the first industry to employ science as a basis for technology. This extends over 150 years and covers four leading countries-Britain, Germany, Japan, and the United States. . . . The book will be of interest to participants in the industry, economists, and economic historians interested in growth, business school faculty and students concerned with corporate strategy, especially the management of technical change, and finally, policymakers who create the legal and political environment within which the industry has developed."-Dale W. Jorgenson, Frederic Eaton Abbe Professor of Economics, Harvard University "The chemical industry will continue to be a leading indicator of economic development in the century ahead. The research and conclusions of Ralph Landau and his colleagues capture the structure, processes, and future of the industry and make [this] book required reading for all who follow the field." -Frank Popoff, Chairman, The Dow Chemical Company "Given the magnitude and pervasiveness of the chemical processing industry which underlies all manufacturing, this study of the dynamics of interactions among technology, economics, and politics should become must reading for all serious students of industrial development." -S. Allen Heininger, Past President, American Chemical Society "A painstakingly thorough and insightful analysis of the global chemical industry. . . . It will be of great value to economic historians and economists concerned with the growth of modern industrial societies. It is must reading for executives and scholars concerned with innovation and competitiveness." -David J. Teece, Director, Institute of Management, Innovation & Organization Mitsubishi Professor, Walter A. Haas School of Business, University of California, Berkeley "The innovativeness of the chemical industry has made it a key player in the development of the modern world economy. Analysis of the industry's long-term growth therefore gives an insight into the interaction between science, technology, and economic progress, as this book demonstrates. At the same time, the analysis offers observations that are of great practical relevance to today's issues." -Professor Doctor Gottfried Plumpe, Bayer Corporation The chemical industry has been one of the world's best managed and most consistently successful business performers for 150 years. Now, drawing together fourteen of the most respected economists and industry experts, the editors of Chemicals and Long-Term Economic Growth present one of the most extensive studies of this industry in order to uncover the secrets behind this remarkable track record. With economic and managerial insights supported by specific real-world examples, this book shows how the development of the chemical industry can provide insights for achieving and sustaining economic growth. Scientists and business leaders in the chemical industry and many other technological fields, and economists generally, may benefit from the history and analysis presented in this book. This book examines:* The role of science, innovation, technology, and organization in creating economic growth and profits* Chemical industry growth in Germany, Britain, the United States, and Japan, including an analysis of relative strengths and weaknesses* The impact of macroeconomics, legal and financial institutions, corporate finance, and other policies and institutions on the behavior of chemical companies* The principle of comparative advantage-why certain industries excel in certain areas.