The New Geography of Innovation
The Global Contest for Breakthrough Technologies
. 2026 . Bvtn Lib 338.084
.p001 Introduction , Cpitalism with an Emoji Face
p009 Fig 1: Top ten #private >$B tech companies - US 1720, China 438, UK 183, Israel 119, India 117 ... 10
- p010 Fig 2: Top ten venture dollars invested - US 190.2, China 38.5 , UK 16.2, India 13.5, ... 3.4
- p012 Fig 4: WIPO Global Innovation Index - Switzerland 66, Sweden 62.6, US 61.7, ... 56.6 China
.p015 Ch1 . The Precocious Student
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.p055 Ch2 . Steeples of Excellence
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.p097 Ch3 . Busting Monasteries
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p115n
- "Every node processes each and every transaction, keeping a record of the entire blockchain."
wrong! Neither Mehran Gul nor blogger Dan Hughes mentions
, which is how many individual transaction hashes are combined into trees of hierarchical hashes and and one top hash. For a binary tree of N transactios, the hash process to VERIFY ONE individual transaction uses order log2(N) time. Tracing a single transaction out of a million transactions takes only twice as long as one out of a thousand transactions, and one out of a trillion takes only twice as long as a million. Meanwhile, computation continues to get faster, hence as the tree grows from a million to a trillion, the hardware speed will more than double, and the verification time will become smaller.
- organizing and distributing all that data is a challenge; the global cost of that may be much larger than the block reward in bitcoins, but that cost is distributed among thousands (millions?) of miners and aggregators
- p116n 2014 New Yorker, 2024 Dec. 15 John Colapinto "Material Question"
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- here is where I stopped reading; another library patron wants the book. The book isn't great, so I may not request it again
.p137 Ch4 . Hyper Gap
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.p168 Ch5 . Smart Nation
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.p201 Ch6 . Small Wonder
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.p236 Ch7 . The New Mittelstand
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.p267 Ch8 . Importing Genius
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.p300 Conclusion . Social Animals
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