The Venturesome economy : how innovation sustains prosperity in a more connected world / Amar Bhide

Includes bibliographical references (p. 483-497) and index.

VCs in New Ventureland -- Advancing the frontier: the nature of mid-level innovation -- Marketing: edging into international arenas -- Offshoring: the ins and outs -- Founders and staff: global at home -- On methods and models -- Alarmist arguments -- The reassuring realities of modern cross-border flows -- Valuable differences -- Serving the service economy -- Venturesome consumption -- Winning by using -- Nondestructive creation -- Immigrants: uppers or downers? -- The elusive underpinnings -- First do no harm.

"Using extensive field studies on venture capital-backed businesses to examine how technology really advances in modern economies, Bhide explains why know-how developed abroad enhances - not diminishes - prosperity at home, and why trying to maintain the U.S. lead by subsidizing more research or training more scientists will do more harm than good." "Many players - entrepreneurs, managers, financiers, salespersons, consumers, and not just a few brilliant scientists and engineers - have kept the United States at the forefront of the innovation game. As long as their venturesome spirit remains alive and well, advances abroad need not be feared. Read The Venturesome Economy and learn why - and see how we can keep it that way."--BOOK JACKET.