Book descriptionAs the population ages, which nation will rise to lead innovation in the future?
Demographics of Innovation takes a deep, investigative look at the link between economic growth, innovation, vitality and entrepreneurship in an aging population, and provides smart strategy for the future. Written by a Stanford-trained economist and demographics expert, who is also a prominent internet entrepreneur, this book examines demographic trends across nations and digs into the divergence to find awakening innovation. An aging population hampers growth; while many are focused on the care-related financial burden, few have fully explored the ways in which a seismic demographic shift could transform the face of global business. This book charts the trends, connects the dots and reveals which nations will be best placed to build an innovation economy and grow in the future.
Global business is set to undergo a revolution as aging populations mired in old thinking become left behind by younger, brighter, more forward-looking generations. Innovation loss is the first step in stagnation, so the question becomes: who will win and who will lose in this new world order? This book presents clear analysis of the coming demographic bomb, and proposes insightful strategy for the short and long term.
- Delve into the aging of society and the economic issues it creates
- Learn how shifting demographics affects innovation and prosperity
- Examine trends in growth, policy and more alongside the rise in average age
- Make smarter planning decisions in light of the changing population
The problems of overpopulation pale in comparison to the problem of aging on a massive global scale. Demographics dictate growth rates, economic equilibrium, interest rates and so much more. Demographics of Innovation provides thought-provoking analysis and strategy for policy makers, business leaders, investors, entrepreneurs and everyone concerned about planning for an uncertain future.
Table of contents
- Title Page
- About the Author
Part I: Theory and Policy
- Chapter 1: Global Demographic Trends
- Chapter 2: Demographics and Innovation
Chapter 3: Demographics and the Economy
- Low Fertility and Old-Age Support
- Low Fertility and Demographic Dividend/Deficit
- Can High Fertility Lower the Per Capita Asset Level?
- Can High Fertility Cause Unemployment?
- Robots, Unemployment, and Innovation
- A Little Bit of Economic Science Fiction
- Impact of Aging on Different Industries
- Demographics and Inequality
- Chapter 4: Resource and Environment
Chapter 5: Public Policy
- Recent Pro-fertility Policies in Developed Countries
- Reversal of Fertility Policy in Asia
- Analysis of Pro-fertility Policy
- Building a Pro-fertility Culture
- Marriage Ratio and Out-of-Wedlock Births
- The Future of Pro-fertility Policies
- Internal Migration
- The War for Talent
- Competition among Countries: Large Countries vs. Small Countries
- A Tale of Ctrip.com: An Analogy between Company Size and Country Size
- Policy Pitfall of a Large Country
- Policy Strategies of Small Countries
- Language Barrier and the English Advantage
- Trade vs. Immigration
- Brexit and Donald Trump's Presidency
- Education Reform
Part II: The Race of Innovation
- Chapter 6: Japan
Chapter 7: China
- Will the Twenty-First Century be the Century of China?
- Risk of Transiting from Manufacturing to Service
- Risk of a Widening Income Gap
- Risk of Political Reform
- Environmental and Natural Resource Risk
- The Demographic Advantage of China
- The Aging of the Chinese Economy
- The Great Demographic Transition of China
- Drastic Demographic Change as a Result of the One-Child Policy
- Gender Imbalance
- The End of the One-Child Policy
- Forecasting China's Fertility Rate
- China to Adopt Pro-fertility Policy
- Deterioration of Demographics
- The Impact of Demographic Change on the Chinese Economy and Innovation
- Policy Suggestions
Chapter 8: The United States of America
- A History of Innovation in the United States
- Does the United States have an Inherent Advantage in Innovation?
- Is Inequality a Problem?
- China vs. the United States
- Policy Recommendations
- Predicting the Effects of Donald Trump's Presidency
- The Thucydides Trap: A Conflict between China and the United States
Chapter 9: Europe
- The Historical Innovation Champion
- Is it Too Early to Write Off Germany?
- Is the United Kingdom Different?
- Is Russia a Part of Europe?
- The Prospect of Innovation in Europe
- Fertility and Aging
- What is Causing the Difference in Fertility Rates?
- But What About the Skill Level of Immigrants?
- Muslim Immigration
- Brexit and the Future of the European Union
- Policy Recommendations
- Other Developed Countries
- Chapter 10: India
- Epilogue: Historical Competition Among Civilizations: An Essay on Transportation Technology, Demographics and the Race of Innovation
- End User License Agreement
- Title: The Demographics of Innovation
- Release date: February 2018
- Publisher(s): Wiley
- ISBN: 9781119408925
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