- Explore more great deals on thousands of titles in our Deals in Books store.
Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your mobile phone number.
Other Sellers on Amazon
+ $3.99 shipping
+ $3.99 shipping
+ $4.99 shipping
Advantage: How American Innovation Can Overcome the Asian Challenge Hardcover – January 10, 2011
Customers who bought this item also bought
Special offers and product promotions
From Publishers Weekly
Only a few hundred Chinese received doctorates at Chinese universities in 1987; two decades later, China could boast "36,247 doctoral students, approximately 63 percent with degrees in science and engineering." Segal, senior fellow at the Council on Foreign Relations, examines Asia's prodigious boom in education and entrepreneurship, and how its progress is hindered by bureaucracy and overregulation (India) and state control and a lack of transparency (China). Segal shows how America can meet the Asian challenge with such specific recommendations as increasing the number of H1-B visas for skilled foreign workers and other prescriptions that prove more vague: a call for more "collaborative communities of scientists and entrepreneurs." Still this lucid, stimulating analysis shows why America's open, multicultural society can make a significant contribution to innovation in the decades to come, even though Asian countries will continue to gain influence and the U.S. will never again enjoy the scientific and technological dominance it enjoyed following WWII. Segal concludes on a guardedly (and welcome) optimistic note: with more attention paid to fostering and funding ecosystems of scientific research, the U.S. can "prosper and play a dynamic role in the new world of globalized innovation." (Jan.) (c)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
"A thoughtful new book on innovation" with a "striking argument about America's resilient, open, and risk-taking culture." --The Economist, January 27, 2011
"A new framework for thinking about the East-West innovation competition" --Fast Company, January 21, 2011
"The most impressive recent book about . . innovation . . offers the most sophisticated analysis . . of international relationships between the US and emerging economies such as China and India . ." --Financial Times, March 25, 2011
“A new framework for thinking about the East-West innovation competition.” — Fast Company
“A well-reasoned antidote to gloomy views of American decline.” — Joseph S. Nye Jr., Harvard University
Top customer reviews
A few facts are incontroverable - the U.S. spends more on R&D than the next 7 nations combined, while China is now 2nd in the publication of science and engineering papers, and expected to overtake the U.S. in the number of patent applications this year. (Once again, however, Segal gets distracted arguing with himself whether Chinese patent applications and published papers are as good as those from the U.S. It doesn't matter - if they're not, rest assured they soon will be. There may also be a problem with military innovation in the U.S. via private firms - they may be forced to forego cheaper and faster R&D in China.) 'Process innovation' can be important, even revolutionary in importance - eg. the 'Toyota Production System." However, Segal seems oblivious to the fact that the U.S. is not likely participate in this form of innovation because we produce little - in any case extensive production experience gives China and advantage in both process and product innovation. Another issue - outsourcing our production to China reduces the overall ROI for U.S. R&D. On top of that, Segal does quote George Scalise saying that Chinese government incentives can make it $1 billion cheaper to build and operate semi-conductor manufacturing facilities in China vs. the U.S.; oh yes, their labor costs are also 90% lower. And we're supposed to have an advantage somehow?
Like too many others, Segal also berates China for human rights issues, ignoring the fact that Chinese citizens indicated a much higher level of satisfaction than those in the U.S. - for both the 2009 and 2010 Pew polls. More importantly, a focus such as Segal's misses the opportunity to learn from China's recent economic and education accomplishments, as well as its approach to speeding up innovation and R&D - somethings we sorely need to improve on. He's also oblivious to the fact that R&D is easier and more effective when co-located with production (China) so that mutual beneficial transfers back and forth can better occur. Then there's the topic of how China now forces those wanting to do business with it to share their R&D with it (about 1,200 foreign R&D centers), and the fact that even when the U.S. 'wins' the innovation race (eg. Apple products), it is likely to lose out on most of the production and overall jobs. So much for our supposed advantage in 'innovation software.'
It was interesting to read that Ron Hira showed the median wage in 2005 for new H-1B computing professionals to be $50,000, less than a U.S. entry-level worker with a B.A. and no experience. Further, the BLS found that 85% of H-1B computer workers receive less than the U.S. median. In 2008, for of the top 5 firms receiving H-1B visas were Indian outsourcers - Infosys, Wipro, Satyam, and Tata Consultancy.
Then Segal continues with a one-sided assessment of TGen and ASU in the Phoenix area. TGen has since moved the bulk of their activity to Michigan; to my knowledge, genomic research within the U.S. has not made money overall. As for ASU, enrollee costs have skyrocketed under President Crowe, students still average about six years til graduation, the library does not receive enough money to provide up-to-date books (especially on China), and professors are overpaid - eg. 'no-name' economists are receiving over $200,000.
Returning to China and India, Segal goes back and forth again on the quality of their engineering graduates. Finally, he adds something new - that about one-fourth of U.S. master's level engineering graduates are foreign-born, and about one-third of the doctoral-level graduates. Salaries for engineers in the U.S. have been flat, though their (engineers and scientists) unemployment rate exceeds that of other professionals.
Bottom-Line: Segal repeatedly meanders and ties himself up into knots with unresolved controversies. Safe yourself a lot of aggravation - read something else.