By William Lazonick
Can the U.S. refashion its high-tech enterprise version to generate solid and equitable monetary progress and function an instance for the way different complex economies can in achieving sustainable prosperity? In addressing this key query, Lazonick presents
* old research of the increase of the "New financial system company version" (NEBM), from its beginnings in Silicon Valley within the Sixties to the net increase of the past due Nineties;
* research of the way vital previous economic climate businesses restructured in makes an attempt to transition from the "Old economic system company version" (OEBM) to NEBM;
* research of the connection among employment safeguard and retirement safety less than either OEBM and NEBM; and
* a dialogue of the implication for sustainable prosperity of the increase and dominance of NEBM. it is a publication that any one attracted to the U.S. high-tech exertions strength, the globalization of the ICT undefined, and, really, the potential in which a complicated economic system can in attaining sustainable prosperity will locate crucial.
This ebook is the winner of the 2010 Schumpeter Prize Competition.
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