Additional information
by Howard Wolk (Author), John Landry (Author)
Will America's entrepreneurial spirit continue to define its destiny? What can the rest of the world learn from America's experience?
In Launchpad Republic: America's Entrepreneurial Edge and Why it Matters to All of Us, Howard Wolk and John Landry provide an insightful and thought-provoking history of entrepreneurship in the United States, with a focus on the political, legal, and cultural forces that have sustained "creative destruction" and propelled the country forward for more than 200 years. In telling this story, the book highlights the critical features that have set America apart from other countries and identifies the key attributes necessary for it to maintain leadership for years to come.
Entrepreneurship is a rebellious act, and America's democratic system is unique in enabling new companies to challenge established ones. As a result, the country enjoys not just more robust start-up activity, but also a dynamism that forces big companies to improve--or face the consequences. It protects both property rights and the right to compete in ways not enjoyed elsewhere, encouraging investment and innovation. Aside from assessing how American entrepreneurial capitalism unfolded, the authors address current challenges such as the rise of the "Big Tech", concerns about inequality, inclusivity and sustainability, and the evolution toward stakeholder capitalism. They compare the American approach to both Continental Europe's consensus-oriented framework and China's authoritarian model.
Launchpad Republic offers readers:
- Insights into how America's political, legal and cultural history helped make the country the most dynamic economy in the world since inception
- A framework for understanding how the country's balanced and limited government, decentralized financial and corporate system, and responsiveness to consumers all served to enable innovation and improved standard of living while avoiding many of the pitfalls of cronyism and protectionism
- Fascinating comparisons between the United States and other countries, both historical and contemporary, that provide important context to many of today's critical issues
A book that covers important topics in an easy to read style, Launchpad Republic belongs in the library of every policy wonk, capitalist, entrepreneur, founder, business leader, amateur historian, and technologist with an interest in how America's relentless entrepreneurial spirit has influenced--and will influence--its destiny.
Front Jacket
How did entrepreneurship become a Svital factor in the American economy, and how can we sustain it? What can the rest of the world learn from America's experience?
In Launchpad Republic, Howard Wolk and John Landry focus on the political, legal and cultural forces that have sustained "creative destruction" and propelled the country forward for more than 200 years. They explore how America has differed from other countries and identify the key attributes necessary for continued vitality.
Entrepreneurship is a rebellious act, and America's democratic system is unique in enabling new companies to challenge established ones. As a result, the country enjoys not just more robust start-up activity, but also a dynamism that forces big companies to improve...or face the consequences. It protects both property rights and the right to compete in ways not enjoyed elsewhere, encouraging investment and innovation. After explaining how American entrepreneurial capitalism unfolded, the authors address current challenges such as the rise of Big Tech as well as concerns about inequality, inclusivity and sustainability. They compare the American adversarial approach with Europe's consensus-oriented framework and China's authoritarian model.
From European thinkers such as Edward Coke and the Baron de Montesquieu, and political innovators such as James Madison and John Marshall, to daring business entrepreneurs such as Cornelius Vanderbilt and David Sarnoff, and social innovators such as Wendy Kopp and Paul Farmer, the book covers the broad history of upstarts creating new kinds of value despite opposition from incumbents. It explains how the country's democratic institutions, decentralized financial and corporate systems, and responsiveness to consumers have enabled innovation and dramatically higher living standards--while largely avoiding cronyism and stagnation.
With a clear narrative style, Launchpad Republic is for everyone interested in how America's relentless entrepreneurial spirit has influenced--and will continue to influence--its destiny.
Back Jacket
How did entrepreneurship become a vital factor in the American economy, and how can we sustain it? What can the rest of the world learn from America's experience?
In Launchpad Republic, Howard Wolk and John Landry focus on the political, legal and cultural forces that have sustained "creative destruction" and propelled the country forward for more than 200 years. They explore how America has differed from other countries and identify the key attributes necessary for continued vitality.
Entrepreneurship is a rebellious act, and America's democratic system is unique in enabling new companies to challenge established ones. As a result, the country enjoys not just more robust start-up activity, but also a dynamism that forces big companies to improve...or face the consequences. It protects both property rights and the right to compete in ways not enjoyed elsewhere, encouraging investment and innovation. After explaining how American entrepreneurial capitalism unfolded, the authors address current challenges such as the rise of Big Tech as well as concerns about inequality, inclusivity and sustainability. They compare the American adversarial approach with Europe's consensus-oriented framework and China's authoritarian model.
From European thinkers such as Edward Coke and the Baron de Montesquieu, and political innovators such as James Madison and John Marshall, to daring business entrepreneurs such as Cornelius Vanderbilt and David Sarnoff, and social innovators such as Wendy Kopp and Paul Farmer, the book covers the broad history of upstarts creating new kinds of value despite opposition from incumbents. It explains how the country's democratic institutions, decentralized financial and corporate systems, and responsiveness to consumers have enabled innovation and dramatically higher living standards--while largely avoiding cronyism and stagnation.
With a clear narrative style, Launchpad Republic is for everyone interested in how America's relentless entrepreneurial spirit has influenced--and will continue to influence--its destiny.
Author Biography
HOWARD WOLK is an experienced entrepreneur, company builder and investor. He is co-president of the Cross Country Group, a privately-held firm consisting of start-ups and mature companies. He is a former senior fellow at the Harvard Kennedy School's Mossavar-Rahmani Center for Business and Government, where he developed and led a study group on entrepreneurship and society. Howard lives in Boston and London with his wife and two daughters.
JOHN LANDRY is a business historian and writer, and a former editor at Harvard Business Review. He earned a PhD in economic history from Brown University, and he lives in Providence, R.I. with his wife and two sons.
