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Innovation, Entrepreneurship, and the Economy in the US, China, and India by Harini Mittal, Zhijie Gao, Rajiv Shah

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Chapter 22

Conclusions and Thoughts about the Future

The United States, China, and India

Abstract

We close with our conclusions from this work and our thoughts and qualitative assessments about the future of innovation and entrepreneurship and its impact on economic growth and the economies of the United States, China, and India. A lot has been written about these three countries, especially about the “rise” of China and India in relation to the United States. However, most of these books have not focused on the role of innovation and entrepreneurship. What has been written about innovation and entrepreneurship in these two countries very recently, given the recent growth in their economies, is either very anecdotal or very prescriptive and, ...

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