Innovation for the Masses: How to Share the Benefits of the High-Tech EconomyAn engaging, solutions-oriented look at how cities and nations can better foster innovation and equality. From San Francisco to Shanghai, many of the world's most innovative places are highly unequal, with the benefits going to a small few. Rather than simply asking how we can create more high-tech cities and nations, Innovation for the Masses focuses on what we can learn from places that foster innovation while also delivering the benefits more widely and equally. In this book, economist Neil Lee draws on case studies of Taiwan, Sweden, Austria, and Switzerland to set out how innovation can be successfully balanced toward equity. As high-tech economies around the world suffer from polarized labor markets and political realities that lock in these problems, this book looks beyond the United States to other models of distributing a leading-edge economy. Lee emphasizes the active role of the state in creating frameworks to ensure that benefits are broadly shared, revealing that strong policies for innovation and mutual prosperity reinforce each other. Ultimately, Innovation for the Masses provides a vital window into alternative models that prioritize equity, the roadblocks these models present, and what other countries can learn from them going forward. |
Other editions - View all
Innovation for the Masses: How to Share the Benefits of the High-Tech Economy Neil Lee Limited preview - 2024 |
Innovation for the Masses: How to Share the Benefits of the High-Tech Economy Neil Lee Limited preview - 2024 |
Common terms and phrases
adapt argued Asian Austria benefits of innovation Breznitz China cities companies competitive countries decline diffusion diffusion of innovation disruptive economic development economic growth economists employment ensure entrepreneurial Europe European example Financial focus focused funding gender geographically Germany Gini coefficient global growth with equity high-tech higher incentives income inequality increase industries innovation policy innovation systems institutions investment Japan Klarna labor market leading living standards manufacturing measure ment nomic Nordic Nordic countries OECD OECD average OECD Publishing patents percent policymakers political problems R&D intensity R&D spending radical innovation redistribution regional relatively result role sector shared prosperity Silicon Valley Singapore skilled workers social social partnership South Korea Spotify Stockholm strategy strong structure Studies Styria success Sweden Swedish Swiss Switzerland Taiwan Taiwanese tech firms tion Tsai Ing-wen TSMC unicorn United Kingdom upgrading venture capital vocational education wages welfare World inequality database