US innovation is secure

doi:10.1108/14636680810918469

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US innovation is secure

Document Information:
Title:	US innovation is secure
Author(s):	Richard Whaley, (Director of Planning and Control Investments Ltd and of the Business Trends Library, Farnborough, UK.)
Citation:	Richard Whaley, (2008) "US innovation is secure", foresight, Vol. 10 Iss: 5, pp.3 - 10
Keywords:	Communication technologies, Developing countries, Innovation, Multinational companies
Article type:	Viewpoint
DOI:	10.1108/14636680810918469 (Permanent URL)
Publisher:	Emerald Group Publishing Limited
Acknowledgements:	This paper contains extracts from the Business Trends Library and information on the Library sent to clients. The Copyright of these extracts is not transferred and remains the property of the author and Planning & Control Investments Ltd.A License to publish these extracts along with the rest of the paper is granted.© Richard Whaley and Planning & Control Investments Ltd
Abstract:	Purpose – The purpose of this paper is to provide a short comment on the current US innovation concerns and a recent paper by Tom Abeles. Design/methodology/approach – Extracts are given from the Business Trends Library showing the relationship of the advanced (post-industrial) countries with the rest of the world. Insights are given into the rising importance of the multi-national corporations. Findings – The post-industrial countries have overwhelming advantage over the rest of the world, with very different world development roles played by both sides. The multi-national corporations act as the organs of transfer of technology to the less developed world. Originality/value – The importance of how innovation and business development arises in the post industrials and how it is defused is shown.