This title discusses a groundbreaking study that shows how countries can create innovative, production-based economies for the 21st century. Achieving economic growth is one of today's key challenges. This groundbreaking book argues that to understand how successful growth happens we need an economic framework that focuses on production, governance, and skills. This production-centric framework is the culmination of three simultaneous journeys-visits to hundreds of factories worldwide; a survey of 200 years of economic thought from Babbage to Krugman; and a tour of historical episodes of successful and failed transformations, focusing sharply on three core elements-the production system, business organization, and skill formation-and their interconnections. He makes the case that government should create the institutional infrastructures needed to support these elements and their interconnections rather than subsidize individual enterprises with case studies throughout history.