A nation's culture and structure influence the type and degree of innovation achievable within its society. Routes exist for any nation, regardless of its structural or cultural elements, to achieve innovative success and economic development. Clear, concise prescriptions are given to enable managers and societies to determine the structural aspects of their nation that may need adjustment. Managers of international businesses, research and development, as well as researchers in the fields of strategic management, technology, and public policy, will find this comprehensive book on innovation practical reading.A number of innovation hotspots are studied, including large, evolving countries such as Russia and India. Various governmental support, incentives, and regulations are evaluated in light of their contributions or obstructions to the process. Cross-cultural studies on major economies are also included to enhance the readers' knowledge and understanding. Recommendations are provided on how a society, or region within a particular country, can become either more innovative or retain what innovativeness it currently has.
Examines and discusses the latest developments in the valuation of capital investment opportunities.
Figures and TablesIntroductionInnovationThe Process of InnovationThe Innovation FunnelThe Wheel of InnovationCultureCulture and InnovationCultural History of InnovationCross-Cultural StudiesHofstede IndicesSexism and EthnocentrismStructureStructure and EntrepreneurshipStructure and InnovationLegal Concerns of a SocietyGovernmental Influence: Supportive or Restrictive Nature of SocietiesPolitical and Economic SystemsInfrastructure and NeedEconomic Incentives for New VenturesCross-National Case StudiesIndia and Japan: A Study in Innovation and Development, 1850-1990A Cross-Cultural Comparison of Innovative Capabilities of the Former Soviet Union and Mainland ChinaThe Rise and Fall of Innovative Hotspots: An Examination of Silicon Valley and Route 128Baby HotspotsPutting It All TogetherInnovation MatrixReferencesIndex