9780008327835_

In this groundbreaking book, Mehran Gul maps the recent waves of technological advancement up until the current moment to show how innovation becomes a far more global game.

This is a story about technology and the places where it finds its way into the world. Silicon Valley has been unrivalled for half-a-century in spinning out technologies and fast-growing, high value, billion plus dollar tech companies the Apples, Facebooks, Googles of the world that made it the centre for the most rapid creation of wealth in human history. But now its secrets are spreading to more parts of the world.

It used to be rare for a new company to reach a billion-dollar scale. In 2013 there were only 39 privately held billion-dollar tech companies in the world. Now, it happens a lot. In 2023, there are over 1,200. And it used to be only in the US that these sorts of companies could be found. In 2013, only 12 of the 39 privately held billion-dollar companies were based outside the US. Now, theyre everywhere. In 2023, over 500, nearly half of all billion-dollar tech companies, are overseas.

The geography of innovation is shifting. The modern world has a lot more high value tech companies than ever before, growing a lot faster than ever before, in a lot more places than ever before. The broad contours of this emerging world are visible dimly in the distance. This book has been an attempt to chart its bold new frontiers.

nan

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The New Geography of Innovation tells the story of the rise of new technology companies from across the world through remarkable case-studies from different countries. Its focus is on innovation and breakthroughs: where and why places experience sudden technological advancement and how this is now a global game.

For fifty years, Silicon Valley has been spinning out new technologies and developing fast-growing, high value, billion plus dollar tech companies such as Apple, Facebook/Meta, Microsoft and Google. Companies such as this, and their like established the Valley as the centre for the most rapid creation of wealth in human history. But now its secrets are spreading elsewhere. Is the Valley still the worlds tech epicentre when the geography of innovation is shifting?

In this book Mehran Gul, a World Economic Forum expert on the emergence of new generation big technology, traces the shift from a system where many products were designed in the United States but assembled in China, to one where billion-dollar companies are springing up in places like China, Korea, Singapore, India and continental Europe, ultimately changing the landscape of the worlds economy. How and why this happens, and what can be done to encourage innovation.

It used to be rare for a new company to reach a billion-dollar scale. Now, it happens a lot. From Finlands Clash of Clans to Singapore, Germany, Korea, China and Switzerland, the modern world has a lot more high value tech companies than ever before, growing a lot faster than ever before, in a lot more places than ever before.

The New Geography of Innovation outlines the contours of this emerging and dynamic world. For readers of Fareed Zakaria, Nassim Nicholas Talebs Black Swan and Chris Millers Chip Wars, this book charts bold frontiers and is an unmissable, thought-provoking read.

nan

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The US is the source of just about all the technologies that define modern life: personal computers, operating systems, smartphones, e-commerce, web browsers, email, search engines, social networks, electric cars and the rest. And most of the tech companies that created and monetized these technologies are also in the US.

In this book Mehran Gul, the winner of the Financial Times/McKinsey Bracken Bower Prize, asks: is that changing?

Less than a decade ago, the sentiment towards Chinese tech companies was often dismissive and complacent. Now the alarm bells are ringing. But as the commentariat pontificates how the USChina tech battle will play out, an equally interesting question to ask is: are there more Chinas out there? Places no one is taking seriously now that might turn out to be massively competitive sooner than we think.

Samsung, a South Korean conglomerate, competes with Apple to be the worlds largest manufacturer of smartphones. Arm, founded in the UK, develops chip designs that are used in more than 90 per cent of all mobile devices. Spotify, based in Sweden, is the most popular music streaming service in the world.

Thats not all. The worlds most important semiconductor company, TSMC, is in Taiwan. The other most important company in the semiconductor industry, ASML, is in the Netherlands. Some of the worlds best-known games like Minecraft, Candy Crush and Angry Birds came from gaming studios in the Nordics. Nearly all the major electric battery manufacturers like CATL, LG, and SK On are in Asia.

This is a story about technology and the places where it finds its way into the world. Silicon Valley has for half a century been unrivalled in spinning out technologies and fast-growing, high-value, billion-dollar-plus tech companies, the Apples, Facebooks, Googles of the world, that made it the centre for the most rapid creation of wealth in human history. Its secrets are spreading to more places.

The geography of innovation is shifting. The world has a lot more high-value tech companies than ever before, growing a lot faster than ever before, in a lot more places than ever before. This is a book about these places.

nan

...(*_*)9780008327835_

In this book Mehran Gul, the winner of the Financial Times/McKinsey Bracken Bower Prize, asks: is that changing?

In THE NEW GEOGRAPHY OF INNOVATION, Mehran Gul explores the up-coming changes in the world of technology, making it a top choice for readers interested in non-fiction books on business and industrial development. His research and forecasting skills shine in this latest work.

nan

HarperCollins 2025

...(*_*)9780008327835_

In this book Mehran Gul, the winner of the Financial Times/McKinsey Bracken Bower Prize, asks: is that changing?

In his latest non-fiction, Mehran Gul explores the shifting landscape of tech innovation, highlighting the rise of new powerhouses in the industry. His research and forecasting provide a unique insight into the future of business and economics.

nan

HarperCollins 2025

...(*_*)9780008327835_

In this book Mehran Gul, the winner of the Financial Times/McKinsey Bracken Bower Prize, asks: is that changing?

Mehran Guls THE NEW GEOGRAPHY OF INNOVATION is a groundbreaking non-fiction book that explores the latest developments in the tech industry. The book, a top choice for those interested in business and economics, delves into the shifting geography of innovation, forecasting the rise of new tech giants in unexpected places.

nan

HarperCollins 2025

...(*_*)9780008327835_

In this book Mehran Gul, the winner of the Financial Times/McKinsey Bracken Bower Prize, asks: is that changing?

The latest developments in the world of technology and economics are reshaping the industrial landscape, with up-and-coming regions emerging as new powerhouses. This book offers a top-tier research into these changes, providing a unique perspective on the shifting geography of innovation.

nan

HarperCollins 2025

...(*_*)9780008327835_

A Financial Times Best Book of 2025

A Forbes Best Business Book of 2025

In this book Mehran Gul, the winner of the Financial Times/McKinsey Bracken Bower Prize, asks: is that changing?

Less than a decade ago, the sentiment towards Chinese tech companies was often dismissive and complacent. Now the alarm bells are ringing. But as the commentariat pontificates how the US–China tech battle will play out, an equally interesting question to ask is: are there more Chinas out there? Places no one is taking seriously now that might turn out to be massively competitive sooner than we think.

Samsung, a South Korean conglomerate, competes with Apple to be the world’s largest manufacturer of smartphones. Arm, founded in the UK, develops chip designs that are used in more than 90 per cent of all mobile devices. Spotify, based in Sweden, is the most popular music streaming service in the world.

That’s not all. The world’s most important semiconductor company, TSMC, is in Taiwan. The other most important company in the semiconductor industry, ASML, is in the Netherlands. Some of the world’s best-known games like Minecraft, Candy Crush and Angry Birds came from gaming studios in the Nordics. Nearly all the major electric battery manufacturers like CATL, LG, and SK On are in Asia.

The New Geography of Innovation

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