States of Innovation - by James D G Wood (Hardcover)

Book Synopsis

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.

Review Quotes

"A compelling multi-scalar analysis that challenges conventional accounts by revealing the heterogenous and polycentric nature of the US innovation ecosystem." Elvira Uyarra, University of Manchester

"A powerful, original account of the US innovation ecosystem, compellingly emphasising state interventions. Iconoclastic in its implications and highly persuasive." Colin Hay, Sciences Po

About the Author

James D. G. Wood is Associate Teaching Professor in Political Economy in the Department of Politics and International Relations at the University of Cambridge.