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

Preface

This book is about innovation and entrepreneurship and the role it plays in the US, Chinese, and Indian economies. Innovation and entrepreneurship have transformed the Western world, and especially the United States, from agricultural economies of the past, through the Industrial Revolution into the information age of today. The impact on the US economy has been to transform the United States into the most dominant economic power of today with the world's largest GDP. However, the information revolution and globalization that we are experiencing today are also transforming the world. Fundamental economics, easy and rapid access to information, ease of global travel, and opening up of societies, although in some cases to a limited extent, ...