America's Entrepreneurial Edge and Why It Matters
1. Edition August 2022
256 Pages, Hardcover
Wiley & Sons Ltd
Price: 27,90 €
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Will America's entrepreneurial spirit continue to define its destiny? What can the rest of the world learn from America's experience?
In Launchpad Republic: America's Entrepreneurial Edge and Why it Matters to All of Us, Howard Wolk and John Landry provide an insightful and thought-provoking history of entrepreneurship in the United States, with a focus on the political, legal, and cultural forces that have sustained "creative destruction" and propelled the country forward for more than 200 years. In telling this story, the book highlights the critical features that have set America apart from other countries and identifies the key attributes necessary for it to maintain leadership for years to come.
Entrepreneurship is a rebellious act, and America's democratic system is unique in enabling new companies to challenge established ones. As a result, the country enjoys not just more robust start-up activity, but also a dynamism that forces big companies to improve--or face the consequences. It protects both property rights and the right to compete in ways not enjoyed elsewhere, encouraging investment and innovation. Aside from assessing how American entrepreneurial capitalism unfolded, the authors address current challenges such as the rise of the "Big Tech", concerns about inequality, inclusivity and sustainability, and the evolution toward stakeholder capitalism. They compare the American approach to both Continental Europe's consensus-oriented framework and China's authoritarian model.
Launchpad Republic offers readers:
* Insights into how America's political, legal and cultural history helped make the country the most dynamic economy in the world since inception
* A framework for understanding how the country's balanced and limited government, decentralized financial and corporate system, and responsiveness to consumers all served to enable innovation and improved standard of living while avoiding many of the pitfalls of cronyism and protectionism
* Fascinating comparisons between the United States and other countries, both historical and contemporary, that provide important context to many of today's critical issues
A book that covers important topics in an easy to read style, Launchpad Republic belongs in the library of every policy wonk, capitalist, entrepreneur, founder, business leader, amateur historian, and technologist with an interest in how America's relentless entrepreneurial spirit has influenced--and will influence--its destiny.
Chapter 1: Bigger, Better, Faster, Cheaper
Why Entrepreneurship Is More Vibrant and Sustained in the United States than Elsewhere
Chapter 2: Gorillas and Guerillas
How Start-ups and Established Companies Make Each Other Better
Chapter 3: European and Colonial Foundations
Where America Got Its Crazy Ideas About Property Rights and the Right to Compete
Chapter 4: Upstart Nation
How the Bickering New States Created a Constitution of Competing Interests
Chapter 5: Building the Entrepreneurial Republic
How America Balanced the Race to Get Ahead with the Desire to Stay There
Chapter 6: The Evolution from Small Business to Big
How Upstarts Challenged Incumbents to Create the First Unicorns
Chapter 7: The Age and Aging of Incumbents
What Happens When Giants Fall Asleep
Chapter 8: The Entrepreneurial Revolution
It's Cool to Get Rich, Man
Chapter 9: The Inflection Point
Avoiding Pitfalls in Tackling Social Issues
Chapter 10: Maintaining the Entrepreneurial Advantage
Pursuing Shared Prosperity Without Killing the Goose
JOHN LANDRY is a business historian and writer, and a former editor at Harvard Business Review. He earned a PhD in economic history from Brown University, and he lives in Providence, R.I. with his wife and two sons.