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"What drives innovation and entrepreneurship in India, China, and the United States? Our data-rich and evidence-based exploration of relationships among innovation, entrepreneurship, and economic growth yields theoretical models of economic growth in the context of macroeconomic factors. Because we know far too little about the key characteristics of Chinese and Indian entrepreneurs and the ways they innovate, our balanced, systematic comparison of entrepreneurship and innovation results in a new approach to looking at economic growth that can be used to model empirical data from other countries. The importance of innovation and entrepreneurship to any economy has been recognized since the pioneering work of Joseph Schumpeter. Our analysis of the major factors that affect innovation and entrepreneurship in these three parts of the world, US, China and India, provides a comprehensive view of their effects and their likely futures."

"Contents:I. the systems of government and the thinking man ;II. the psychology of social institutions ;III. the folklore of 1937 ;IV. the place of learning in the distribution of goods ;V. the use of the language of private property to describe an industrial army ;VI. a platform for an observer of government ;VII. the traps which lie in definitions and polar words ;VIII. the personification of corporation ;IX. the effect of the antitrust laws in encouraging large combinations ;X. the ritual of corporate reorganization ;XI. the benevolence of taxation by private organization ;XII. the malevolence of taxation by the government ;XIII. the social philosophy of tomorrow ;XIV. some principles of political dynamics"