Nonlinear dynamics and the transformation of US innovation systems

Summary form only given as follows. To the extent that the US has a national innovation system (actually systems), it is in the midst of a dramatic transformation. Essentially international competition and internal political machinations are causing a shift away from a Schumpeterian system of entrepreneurial capitalism toward more mercantilist system. Industrial structures and government policies alike are beginning to mirror its global counterparts. Meanwhile, strategic analysis, both at the level of the firm and the nation-state, remain mired in the methods of the past industrial era. A set of tools and concepts derived form nonlinear systems theory provide a more useful addendum in the context of a Schumpeterian evolutionary perspective