Book Reviews
Jan Fagerberg of the University of Oslo reviews “The Politics of Innovation: Why Some Countries Are Better Than Others at Science and Technology,” by Mark Zachary Taylor. The Econlit abstract of this book begins: “Examines the varying levels of success among nations in supporting successful innovation in science and technology and explores methods the United States could use to prevent or postpone its fall into technological stagnation and scientific irrelevance by attempting to solve the mystery behind Cardwell's Law. Introduces a new theory of “creative insecurity.” Discusses the puzzle of Cardwell's Law--why some countries are better than others at science and technology; measuring the black box--working definitions and boundaries, and measuring innovation and data; Cardwell's Law in action; whether technology needs government--the five pillars of innovation; why nations fail--capitalism, democracy, and decentralization; how nations succeed--networks, clusters, and standards; technological losers and political resistance to innovation; creative insecurity--Mancur Olson's nemesis; critical cases of creative insecurity; and creative insecurity and its implications.”