book

Innovation, Entrepreneurship, and the Economy in the US, China, and India

by Rajiv Shah, Zhijie Gao, Harini Mittal

October 2014

Intermediate to advanced

416 pages

12h 29m

English

Academic Press

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AbstractWhat is Innovation?Why is Innovation Important?Factors Contributing to Innovation
AbstractThe United StatesChinaIndia
AbstractEconomic GrowthR&D ExpendituresFDI InflowsFDI OutflowsPatents
AbstractPower Distance and BureaucracyCollectivism or IndividualismUncertainty AvoidanceCultural OpennessAcceptance of ChangeOpinion About AchievementMasculinity or FemininityChallenges for the United States: Recent Cultural Evolution of the United States
AbstractIntellectual Property RightsTax Policies for Promotion of Innovation and EntrepreneurshipGovernment Procurement to Promote Innovation and EntrepreneurshipScientific and Technological PlanInternational Innovation SystemThe Influence of Rent-Seeking and Corruption
Abstract
AbstractEducation ExpendituresInstitutions and UniversitiesContent of EducationDifferent College Entrance ExamsDifferences in Relationship Between Teachers and StudentsDifferent Relationships Between Administrative Staff and TeachersChallenges for the United States
AbstractIndustry and Market Structures: The United StatesIndustry and Market Structures: China and IndiaIndustry Clusters
AbstractChinaIndiaThe United States
AbstractWhat is Entrepreneurship?The Entrepreneurial ProcessEntrepreneurship: New VenturesFactors Contributing to Entrepreneurship
AbstractInnovation AbilityPropensity for Risk-TakingInternal Locus of ControlValue of Achievement
AbstractPower DistanceSocial RelationsFamily Culture and Level of TrustAcceptance of Failure
AbstractRelevant EducationRelevant Training and Consultation Services
AbstractThe Free Market Economy and Competitive EnvironmentSupportive Laws
AbstractThe United StatesChina and a Comparison with the United StatesIndia
AbstractSources of Business FinancingThe United StatesChinaIndia
AbstractThe United StatesChinaIndia
AbstractRole of Innovation and Entrepreneurship in the EconomyEconomic Growth
Abstract
AbstractA Model for Economic Growth with Innovation and Entrepreneurship
AbstractGEDI DataData from the Heritage Foundation
AbstractInnovation Defined, Importance of Innovation, Factors Contributing to InnovationHistoryEconomyCultureLaws and Rules and Role of Government and InstitutionsDemographicsEducation and UniversitiesIndustry and Market Structures, Industry and Regional ClustersOpportunity Areas for InnovationEntrepreneurshipPersonal CharacteristicsSocial and Cultural FactorsEntrepreneurial TrainingExternal EnvironmentInfrastructureCapital AvailabilityIntrapreneurshipImpact on the Economy
Data from Global Innovation Indices for Various Subindices

Content preview from Innovation, Entrepreneurship, and the Economy in the US, China, and India

Chapter 4

Culture

Abstract

Even if a country has a history of innovation in the past and an economy that is growing rapidly, it may not have the social and cultural factors that encourage the spirit of innovation. This is an area that particularly may bring out the contrast between Western societies, such as the United States, and China and India. In this chapter, we delve into this topic and explore whether there are winds of change in Eastern cultures that might foretell a different future from that of the past.

Keywords

Acceptance of change

Achievement opinion

Bureaucracy

Collectivism

Cultural openness

Femininity

Individualism

Masculinity

Power distance

United States, China, and India: Culture