How innovation works

and why it flourishes in freedom

"Argues that we need to see innovation as an incremental, bottom-up, fortuitous process that happens as a direct result of the human habit of exchange, rather than an orderly, top-down process developing according to a plan. Innovation is crucially different from invention, because it is the turning of inventions into things of practical and affordable use to people. It speeds up in some sectors and slows down in others. It is always a collective, collaborative phenomenon, involving trial and error, not a matter of lonely genius. It happens mainly in just a few parts of the world at any one time. It still cannot be modeled properly by economists, but it can easily be discouraged by politicians. Far from there being too much innovation, we may be on the brink of an innovation famine. Ridley derives these and other lessons from the lively stories of scores of innovations, how they started and why they succeeded or failed"--Provided by publisher.

Harper, an imprint of HarperCollins Publishers
2020
9780062916594
book

Holdings

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307509165266352111816851939705PMH360PMS0083232303.48 RID303.4816377825731695044385
385231371382952185816851939705PIMH386PIMH92926303.48 RID303.4817089634931708963493