Though we live in an era of rapid innovation, the United States has introduced comparatively few commercial innovations within the past decade. Innovation shortfall contributes to weaker trade performance, decreased productivity growth, lower wages and many other economic woes. This study provides insightful recommendations for developing enhanced innovation efforts that could help foster substantial, long-term economic growth.
As a high-wage country, the US relies on its ability to develop innovative products and services in order to compete with low-cost countries such as China, South Korea, India and Brazil. The contributors to this book, all well-known international business scholars, offer a diversity of perspectives on how the US can leverage its capacity for innovation to retain a competitive advantage within the global economy. Topics discussed include strategic organization, corporate leadership and innovation theory, as well as specific innovation challenges facing the US today.
This book will prove an invaluable resource for students and professors of international business, along with those interested in examining how countries can become more economically competitive through increased focus on innovation.
Edited by Ben L. Kedia, University of Memphis, and Subhash C. Jain, University of Connecticut, US
Contents: Preface PART I: STRATEGIC ORGANIZATION AND INNOVATION 1. Learning and Innovation in Collaborative Innovation Networks Ben L. Kedia and Scott E. Mooty 2. Organizing for Complex Innovation Deborah Dougherty, Danielle D. Dunne and Emilio De Lia 3. The (not so) Small Matter of Complexity for Innovation Rene Pellissier and Fernando Cardoso de Sousa PART II: CORPORATE LEADERSHIP AND INNOVATION 4. Commercializing, Catalyzing or Cutting Innovation? The Roles of Large Acquirers in US Global Competitiveness Douglas J. Miller and Joshua B. Sears 5. Conceptualizing the Climate for Innovation in Public and Nonprofit Organizations John C. Ronquillo 6. Information Asymmetry and Underpricing: The Impact of Innovation Strategy and Underwriter Mediation Tera L. Galloway, Douglas R. Miller, Sang Kyun Kim, Jonathan D. Arthurs and Sam Yul Cho 7. Who Leads Whom? Technological Leadership in Nanotechnology: Evidence from Patent Data Jeongsik Lee and Natarajan Balasubramanian PART III: INNOVATION CHALLENGES FACING THE USA 8. Innovating for Entrepreneurship: One State's Quest to Re-engage Christopher L. Levesque 9. Innovation in Education and US Competitiveness Sushil Vachani 10. Strengthening America's International Competitiveness through Innovation and Global Value Chains Vinod K. Jain and S. Raghunath 11. The Role of Managerial International Orientation in Product Innovation in Emerging Market Firms Mai Thi Thanh Thai and Ekaterina Turkina PART IV: APPROACHES TO THE PRACTICE AND APPLICATION OF INNOVATION 12. Essence of Marketing Innovations Subhash C. Jain and Kelly Aceto 13. Restoring America's Competitiveness through the Health Sector: Preliminary Findings from a Time-driven Activity-based Costing (TDABC) Study Ricky Leung 14. Innovation Policies and Industry Subsidies: China and the Global Solar Energy Industry Ravi Sarathy 15. The Effect of Interdependence and Human Resource Quality on the Value-Generating Capabilities of an Organization Dustin Smith, Douglas R. Miller, Tera L. Galloway, Jonathan D. Arthurs and Jason Harkins Index