The book investigates the complex relationship between innovation and economic growth, particularly in the context of global competition. It examines how nations and firms can foster environments that encourage sustained innovation, moving beyond simple technological advancements to encompass systemic changes in how economies function. The author draws on extensive research to argue that the 'run of the red queen'—a metaphor for the continuous need to innovate to simply maintain one's position—is a defining characteristic of modern economic landscapes.

The book is recognized for its rigorous analysis of innovation's role in economic competitiveness. Experts note its comprehensive approach, integrating economic theory with practical examples of how nations and companies navigate the constant pressure to innovate. The work is considered a significant contribution to understanding the dynamics of sustained growth in a globalized, rapidly changing world, offering valuable insights for policymakers and business leaders alike.