Governance, growth and global leadership: the role of the state in technological progress, 1750-2000

This book focuses on the role of the state in promoting a country's long-term technological progress and industrial leadership.

Throughout history, a nation's rise to dominance has invariably been followed by its fall; the dominant powers of today are not the same ones that controlled the world three hundred years ago.

In the same manner, economic dominance has usually been fleeting, as leading nations have routinely been caught up and surpassed by challengers.

This study looks at Schumpeterian growth - currently the most important source of economic growth - which credits the ability to use technological progress for the benefit of industrial leadership as the key motor of national development and economic success.