Published
Dec 1, 2025Page count
192 pagesISBN
978-1529243079Dimensions
234 x 156 mmImprint
Bristol University PressPublished
Dec 1, 2025Page count
192 pagesISBN
978-1529243093Dimensions
234 x 156 mmImprint
Bristol University PressThis book unveils the forces behind the dynamic knowledge economy that drove America’s 21st century economic success.
Challenging the notion of the US as a singular market-driven economy, the book introduces the concept of the 'Polycentric Innovation State' to explain the critical role federal and state governments play in shaping innovation-led growth. Through detailed comparative analysis of four states, the book demonstrates how regional authorities pursue distinct yet overlapping strategies to foster high-value industries. Essential reading for scholars of comparative political economy and American governance, this book offers fresh insights into the evolving landscape of American capitalism and state-market relations.
James D. G. Wood is a Senior Teaching Associate in Political Economy in the Department of Politics and International Relations at the University of Cambridge.
1. Introduction
2. The Federal Developmentalist State
3. California
4. Texas
5. Maine
6. Michigan
7. Conclusion