The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World

by: Amar Bhidé
Princeton University Press
© 2008
Reviewed by: Michael LoBue
While the major theme of this book is about national policy issues- relating how to best to stimulate innovation to drive productivity- it contains equally valuable lessons for executives and managers relating to concerns of the firm.
Professor Bhidé bases his analysis on an extremely robust 3-level model of innovation. This model deserves more attention as it clearly expands the dimensions of innovation beyond the typical models, which focus attention, resources and research only on basic R&D where the number of patents filed is the primary metric of measurement.
If there’s one book on innovation to read — this is the one!

Posted in Book Review.

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