In September 2012, my colleague Robert Atkinson and I released a new book, Innovation Economics: The Race for Global Advantage. The book argues that there is a fierce competition underway between nations to achieve the highest levels of innovation-based economic growth, as countries seek to launch, scale up, or attract companies in the highest value-added sectors of economic activity that can support high-skill, high-wage jobs for their societies.
We envision this "global race for innovation advantage" as one in which virtually all nations win, with higher productivity and per capita incomes, new and better products and services, and a better quality of life for all. We picture a world in which the potentially catastrophic problems of hunger, disease, and environmental degradation are effectively tackled, reducing the risks of wars over scarce resources. In our vision, transformative technological and scientific advances help unite nations and people in common pursuits.
To read the full, original article click on this link: Reimaging the Global Innovation Economy