This book investigates why the prevailing obsession with high-tech, venture-capital-backed startups often fails to generate broad-based economic growth and prosperity. Dan Breznitz, a professor at the Munk School of Global Affairs and Public Policy, argues that policymakers must move beyond the 'Silicon Valley' model of innovation. By analyzing global economic data and diverse regional strategies, he presents a framework that emphasizes incremental innovation and context-specific industrial policies over a one-size-fits-all approach to economic development.

Experts and policy analysts frequently cite this work as a necessary corrective to the dominant narrative surrounding tech-centric economic development. Readers often note the academic rigor and the practical, evidence-based approach the author takes toward complex policy challenges.