ID | 135938 |
Title Proper | What makes the USA so innovative |
Other Title Information | an investigation into the characteristics of innovation and an analysis and discussion of the factors that foster innovation in the USA |
Language | ENG |
Author | Amemiya, Kanji |
Summary / Abstract (Note) | The word “innovation” tends to bring to mind the USA, rather than Europe or Japan. In the ICT industry, in particular, revolutionary companies such as Apple, Amazon, Google, and Microsoft have succeeded in bringing about numerous innovations. Because of this, it has become second nature to think of innovation as a US phenomenon. What, then, gives rise to so much innovation in the USA? In this article, the author will first provide an overall view of innovation from the perspectives of economics and of management theory and examine the ways in which innovation has been interpreted and defined. Then, the author will consider the question of why the USA is so innovative as a nation from the three perspectives of its historical background, national character, and systems supporting innovation. It will be demonstrated that one of the characteristics of innovation—discontinuity—is well entrenched in the USA, as is a national character that stresses individualism and a culture that forgives failure. The author will suggest that new innovations will continue to be the driving force of US economic growth into the future. |
`In' analytical Note | Asia-Pacific Review Vol.21, No.2; Nov.2014: p.172-194 |
Journal Source | Asia Pacific Review Vol: 21 No 2 |
Standard Number | United States – US |