Investing in Innovation

Discover the compelling insights of Investing in Innovation by William Lazonick, published by Cambridge University Press in 2023. This thought-provoking book, spanning 75 pages, delves into the detrimental effects of corporate financialization on innovation in the United States. Lazonick reveals how the pursuit of 'maximizing shareholder value' often leads to predatory value extraction, ultimately stifling investment in groundbreaking ideas and technologies.

The author presents a robust policy framework aimed at challenging these harmful practices, advocating for social institutions that foster sustainable prosperity. This essential read is perfect for those interested in finance, corporate ethics, and the future of innovation. Equip yourself with the knowledge to understand and combat the forces that threaten our economic advancement. Order your copy of Investing in Innovation today and join the conversation on creating a more equitable and innovative future.