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  • Innovation for the Masses

  • How to Share the Benefits of the High-Tech Economy
  • By: Neil Lee
  • Narrated by: Keval Shah
  • Length: 7 hrs and 52 mins
  • 4.5 out of 5 stars (2 ratings)

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Innovation for the Masses

By: Neil Lee
Narrated by: Keval Shah
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Summary

An engaging solutions-oriented look at how cities and nations can better navigate issues of innovation and inequality.

From San Francisco to Shanghai, many of the world's most innovative places are highly unequal, with the benefits going to a small few. Rather than simply asking how we can create more high-tech cities and nations, Innovation for the Masses focuses on places that manage to foster innovation while also delivering the benefits more widely and equally. In this book, economist Neil Lee draws on case studies of Taiwan, Sweden, Austria, and Switzerland to set out how innovation can be successfully balanced toward equity.

As high-tech economies around the world suffer from polarized labor markets and political realities that lock in these problems, this book looks beyond the United States to other models of distributing a leading-edge economy. Lee emphasizes the active role of the state in creating frameworks to ensure that benefits are broadly shared, and he reveals that strong policies for innovation and shared prosperity are mutually reinforcing. Ultimately, Innovation for the Masses provides a vital window into alternative models that prioritize equity, the roadblocks these models present, and what other countries can learn from them going forward.

©2024 Neil Lee (P)2024 Ascent Audio
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A manifesto for progressive growth

If ever there was a book that you hoped would be read by an incoming progressive government of a once great but now floundering nation, then this is it. I first found out about the book on the Oz ABC Money programme podcast. I hope that the Oz government wonks are reading it. I also think it has some great ideas that would help the UK (which is the once great but now floundering nation that I'm mainly thinking about). I also think that the ideas are transferable to businesses. There is too much focus on big ideas and big men in the world today. This book highlights how a number of nations have consistently delivered growth from innovation by fostering an inclusive environment that leverages the skills of a wide range of stakeholders. It feels a bit like the Toyota Production System for countries. I hear echoes of the author's thoughts in a number of articles in The Economist recently. Hopefully their writers have read it too. Or maybe Neil Lee has just captured the Zeitgeist of this time.

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Not engaging

I tried, but ultimately failed at chapter 4 to get interested in a topic I am already interested in. It wasn't helped by the narrator, who insists on saying the currency first (e.g. "US Dollar 5000") and didn't seem to be enjoying it any more than I did.

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