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The Digital Innovation Race - Conceptualizing the Emerging New World Order (Hardcover, 1st ed. 2021)
Loot Price: R1,826
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The Digital Innovation Race - Conceptualizing the Emerging New World Order (Hardcover, 1st ed. 2021)
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This book develops new theoretical perspectives on the economics
and politics of innovation and knowledge in order to capture new
trends in modern capitalism. It shows how giant corporations
establish themselves as intellectual monopolies and how each of
them builds and controls its own corporate innovation system. It
presents an analysis of a new form of production where Google,
Amazon, Facebook, Apple and Microsoft, and their counterparts in
China, extract value and appropriate intellectual rents through
privileged access to AI algorithms trained by data from
organizations and individuals all around the world. These
companies' specific form of production and rent-seeking takes place
at the global level and challenges national governments trying to
regulate intellectual monopolies and attempting to build stronger
national innovation systems. It is within this context that the
authors provide new insights on the complex interplay between
corporate and national innovation systems by looking at the
US-China conflict, understood as a struggle for global
technological supremacy. The book ends with alternative scenarios
of global governance and advances policy recommendations as well as
calls for social activism. This book will be of interest to
students, academics and practitioners (both from national states
and international organizations) and professionals working on
innovation, digital capitalism and related topics.
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