Why read Sources of Industrial Leadership?

Book cover of Sources of Industrial Leadership: Studies of Seven Industries

Book description

This book describes and analyzes how seven major high-tech industries evolved in the USA, Japan, and Western Europe. The industries covered are machine tools, organic chemical products, pharmaceuticals, medical devices, computers, semiconductors, and software. In each of these industries, firms located in one or a very few countries became the…

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Japan

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Business

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Why read it?

1 author picked Sources of Industrial Leadership as one of their favorite books. Why do they recommend it?

Richard G. Lipsey

Author

This book studies the evolution of seven high-tech industries—machine-tools, organic chemical products, pharmaceuticals, medical devices, computers, semiconductors, and software—in the United States, Japan, and Western Europe, stressing the factors that contributed to their successes.

The effects of public policy, although significant in all these cases, have varied across industries and across countries. For example, the American Department of Defense successfully pushed developments in semiconductors, computers, and software, and while the National Institutes of Health massively financed medical research.

Case studies of policy failures, particularly in Japan and Europe, emphasize what has been seen in many less developed countries, that competition…

From Richard's list on The best books on how private and public sector enterprises combine to produce new growth-creating technologies.