This book illustrates that, although innovation has always mattered in economic development, simply increasing expenditure in creating knowledge may not be the

Chronicling the story of what has come to be called the new growth theory, this text helps to explain dominant first-mover firms like IBM or Microsoft, undersco

Lester Thurow addresses the critical issue of wealth creation.The result is an essential road map for navigating the new routes to success in a knowledge-based

There is no doubt that we are in the middle of a transition to a knowledge-based economy. Breakthrough technologies in microelectronics, biotechnology, new mate

With advances in information technology people are being empowered to connect, collaborate, create wealth and self-order without bureaucracy or representative g