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This book unveils the forces behind the dynamic knowledge economy that drove America’s 21st century economic success.
Challenging the notion of the US as a singular market-driven economy, the book introduces the concept of the 'Polycentric Innovation State' to explain the critical role federal and state governments play in shaping innovation-led growth. Through detailed comparative analysis of four states, the book demonstrates how regional authorities pursue distinct yet overlapping strategies to foster high-value industries. Essential reading for scholars of comparative political economy and American governance, this book offers fresh insights into the evolving landscape of American capitalism and state-market relations.
Introduction: The Polycentric Innovation State
1. From Crisis to Competitiveness: Federal Innovation Policy in the 21st Century
2. Navigating Industrial: Maine’s Struggle and Strategies for Innovation-Led Growth
3. Industrial Renewal: Innovation and Michigan’s Post-Crisis Transformation
4. The Golden State’s Growth Engines: California’s Broader Innovation Ecosystem Beyond Silicon Valley
5. Energy and Enterprise: Driving Innovation in the Texan Economy
Conclusion: America’s States of Innovation
Appendix 1: Five Key Lessons for Policymakers
Appendix 2: Comparative Innovation Ecosystem Indicators