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What is the role of trade to both expedite growth and to provide the transformative innovations needed in our post-Pandemic, post-Brexit, unstable world?
Using historical examples to demonstrate how complex forces interplay into virtuous or vicious cycles of cumulative causation, Simmons and Culkin suggest alternative trade approaches to drive economic growth. Set within the socio-political space defined by a nascent Anglosphere and its implicit nationalism, they map alternative frameworks to embolden entrepreneurs to make the future.
With fresh thinking Covid, Brexit and The Anglosphere equips academics, students, policymakers and general readers with the tools to drive growth in a post-Pandemic post- Brexit fragmenting world order facing rapidly advancing technical change.
As a serial entrepreneur this book grasps the complex challenges I face on a daily basis. The two main concepts discussed give valuable insights into the dynamics of launching innovations that drive growth. The Quadruple Innovation Vortex neatly demonstrates the interlocking roles of the state, universities and financial capital working in partnership with entrepreneurs like myself to overcome obstacles and reach the market. The complexity and interrelation of Cumulative Causation reflects the real world the entrepreneur works in where numerous different aspects need to work together to generate the virtuous cycle of success. Simmons and Culkin’s book is a “must read” for those who want to explore how innovation and growth require so much more than just Open Trade.
Richard D. Simmons is a Visiting Fellow at the University of Hertfordshire, UK. He specialises in entrepreneurial growth, supply chain dynamics, trade dynamics and monetary policy.
Nigel Culkin is a Senior Academic Manager at the University of Hertfordshire, UK, recognised as an international expert on entrepreneurial growth and the institutional and policy elements needed to enable it.
Chapter 1. Introduction
Chapter 2. Before We Begin …Definitions
Chapter 3. The Menu – Differing Trade Theories
Chapter 4. The Aperitif 400 Years of Change;– Southwark and Cumulative Causation
Chapter 5. The Sorbet -Economic Background
Chapter 6. The Soup – Nationalism Popularism, Trade and Development
Chapter 7. The Seasoning? - The Anglosphere
Chapter 8. "Specials” – Innovation, Trade Growth and the Entrepreneur
Chapter 9. Main Course - Shocks, Trade & Growth
Chapter 10. Two Twists – Regulations and Monopolies
Chapter 11. Pause for Reflection, Britain in 1910
Chapter 12. Dessert Menu – Acquiring Resources to Support Innovation
Chapter 13. The “Digestif” Cumulative Causation
Chapter 14. Coffee and Conclusions