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The Innovation Illusion

How So Little Is Created by So Many Working So Hard

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The Innovation Illusion

Written by: Fredrik Erixon, Bjorn Weigel
Narrated by: Adam Verner
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About this listen

Timely, compelling, and certain to be controversial - a deeply researched study that reveals how companies and policymakers are hindering innovation-led growth

Conventional wisdom holds that Western economies are on the threshold of fast-and-furious technological development. Fredrik Erixon and Bjorn Weigel refute this idea, bringing together a vast array of data and case studies to tell a very different story.

With expertise spanning academia and the business world, Erixon and Weigel illustrate how innovation is being hampered by existing government regulations and corporate practices. Capitalism, they argue, has lost its mojo. Assessing the experiences of global companies, including Nokia, Uber, IBM, and Apple, the authors explore three key themes: declining economic dynamism in Western economies; growing corporate reluctance to contest markets and innovate; and excessive regulation limiting the diffusion of innovation. At a time of low growth, high unemployment, and increasing income inequality, innovation-led growth is more necessary than ever. This book unequivocally details the obstacles hindering our future prosperity.

©2016 Fredrik Erixon & Bjorn Weigel (P)2017 Vibrance Press
Economics Public Policy Small Business & Entrepreneurship United States Business Economic disparity US Economy Economic Inequality Innovation Corporate Great Recession
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