The first book in this important new series, under the general editorship of Nobel Laureate Robert Solow, Institutions, Innovation and Growth assembles a stellar cast of international contributors. Leading economists join the debate on innovation and economic growth, focussing on a broad...

Silicon Valley in California and the Hsinchu-Taipei region of Taiwan are among the most frequently cited "miracles" of the information technology era. The dominant accounts of these successes treat them in isolation, focusing either on free markets, multinationals or the role of the state. This...

This article examines the economic contributions of skilled Asian immigrants in Silicon Valley—both directly, as entrepreneurs, and indirectly, as facilitators of trade with and investment in their countries of origin. Skilled immigrants account for one third of the region’s...