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

Introduction

The book is divided into four parts. Part I, Chapters 1 through 9, focuses on innovation; Part II, Chapters 10 through 17, on entrepreneurship; and Part III, Chapters 18 through 21, on the impact on the economy, and in Part IV, the fourth and last part, Chapter 22, we close with conclusions and our thoughts about the future of innovation and entrepreneurship and the resultant economic growth in these parts of the world.

We begin Part I with Chapter 1 discussing what innovation is, since this is a term that has come to mean a lot of different things to a lot of different people. Since the entire first section of the book is devoted to innovation and the role of innovation, we define how we use the word innovation in our book. We ...