In a new book, The Venturesome Economy Amar Bhidé challenges The World is Flat notion
proposed by Thomas Friedman in his book of that name. Bhidé concludes that:
a.) the world is not flat and
b.) that the people he calls the “techno-nationalists”— have got it wrong.
(At the very least we could agree that the world is spiky)
Read more. This short piece ends with some provocative questions about the kind of innovation that matters and how to promote it.
Bhidé concludes that the competitive innovation edge comes from the kind of entrepreneurial behavior that “adapts and combines high-level ideas and know-how, adjusts them to the needs of particular markets, and actually sells them to willing buyers.”
To read more:
Thomas L. Friedman, The World is Flat: A Brief History of the Twenty-first Century (New York: Farrar, Straus and Giroux, 2006)