Doing Capitalism in the Innovation Economy: Reconfiguring the Three-Player Game between Markets, Speculators and the State

William H. Janeway

ISBN 10: 1108471277 / ISBN 13: 9781108471275

Published by Cambridge University Press, 2018

About this Item

Seller Inventory # 3892029

Bibliographic Details

• Title: Doing Capitalism in the Innovation Economy: Reconfiguring the Three-Player Game between Markets, Speculators and the State
• Publisher: Cambridge University Press
• Publication Date: 2018
• Language: English
• ISBN 10: 1108471277
• ISBN 13: 9781108471275
• Binding: Hardcover
• Edition: 2nd Edition
• Condition: Good
• Seller catalogs:
  • BUSINESS-GENERAL

About this title

Synopsis

Legendary economist Hyman Minsky identified author William H. Janeway as a 'theorist-practitioner' of financial economics; this book is an expression of that double life. Interweaving his unique professional perspective with political and financial history, Janeway narrates the dynamics of the innovation economy from the standpoint of a seasoned practitioner of venture capital, operating on the frontier where innovative technology transforms the market economy. In this fully revised and updated edition, Janeway explains how state investment in national goals enables the innovation process and why financial bubbles accelerate and amplify its impact. Now, the digital revolution, sponsored by the state and funded by speculation, has matured to attack the authority, and even the legitimacy, of governments. The populist response in the west, especially in the United States, opens the door for China to seize leadership of the innovation economy from America.

About the Author

William H. Janeway is a Senior Advisor and Managing Director of Warburg Pincus. He joined Warburg Pincus in 1988 and was responsible for building the information technology investment practice. Dr Janeway is also a director of Magnet Systems, Nuance Communications, and O'Reilly Media. He is an affiliated member of the Faculty of Economics at the University of Cambridge.