China S Innovation Economy

Author : Jon-Arild Johannessen
Publisher : Routledge Studies in the Economics of Innovation
Page : 0 pages
File Size : 44,9 Mb
Release : 2023-05
Category : Artificial intelligence
ISBN : 1032078774

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China's Innovation Economy by Jon-Arild Johannessen Pdf

Two trends will have more influence than anything else on the world's future political and economic situation: the development of artificial intelligence and the emergence of China as a competitor to the United States on the international stage. This book is about the emerging innovation economy. It uses systems theory and evolutionary economics as a theoretical point of departure and explains why the focal point of the geopolitical stage is moving away from the alliance between the United States and Europe, and towards an alliance between China, the 14 Regional Comprehensive Economic Partnership countries, the countries along the new silk road, and Europe. The book argues that the globalization strategy of neoliberalism laid the foundation for the Chinese economic engine. Whereas the old globalization was driven by cost differences generally, and wage costs specifically, the new globalization is driven by divergence in competence in general, and technological competence in particular, and China's primary goal is to develop artificial intelligence and intelligent robots. Further, the book posits that the interactions between the climate crisis and the new technology will change production, distribution and the creation of profits, both in China and more widely in the global innovation economy. The book develops a structure to describe, analyze and explain the Chinese innovation economy and contributes to the discussion regarding technological developments in China. The book is written for readers who are oriented towards the new globalization that is emerging in the innovation economy and the factors driving China's economic growth.

Author : Xuedong Ding,Jun Li
Publisher : Routledge
Page : 232 pages
File Size : 54,9 Mb
Release : 2015-02-11
Category : Business & Economics
ISBN : 9781317537755

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Incentives for Innovation in China by Xuedong Ding,Jun Li Pdf

In the past three decades, China has successfully transformed itself from an extremely poor economy to the world’s second largest economy. The country’s phenomenal economic growth has been sustained primarily by its rapid and continuous industrialization. Currently industry accounts for nearly two-fifths of China’s gross domestic product, and since 2009 China has been the world’s largest exporter of manufactured products. This book explores the question of how far this industrial growth has been the product of government policies. It discusses how government policies and their priorities have developed and evolved, examines how industrial policies are linked to policies in other areas, such as trade, technology and regional development, and assesses how new policy initiatives are encouraging China’s increasing success in new technology-intensive industries. It also demonstrates how China’s industrial policies are linked to development of industrial clusters and regions.

Author : Jon-Arild Johannessen
Publisher : Routledge
Page : 181 pages
File Size : 44,5 Mb
Release : 2021-09-30
Category : Business & Economics
ISBN : 9781000454826

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China's Innovation Economy by Jon-Arild Johannessen Pdf

Two trends will have more influence than anything else on the world’s future political and economic situation: the development of artificial intelligence and the emergence of China as a competitor to the United States on the international stage. This book is about the emerging innovation economy. It uses systems theory and evolutionary economics as a theoretical point of departure and explains why the focal point of the geopolitical stage is moving away from the alliance between the United States and Europe, and towards an alliance between China, the 14 Regional Comprehensive Economic Partnership countries, the countries along the new silk road, and Europe. The book argues that the globalization strategy of neoliberalism laid the foundation for the Chinese economic engine. Whereas the old globalization was driven by cost differences generally, and wage costs specifically, the new globalization is driven by divergence in competence in general, and technological competence in particular, and China’s primary goal is to develop artificial intelligence and intelligent robots. Further, the book posits that the interactions between the climate crisis and the new technology will change production, distribution and the creation of profits, both in China and more widely in the global innovation economy. The book develops a structure to describe, analyze and explain the Chinese innovation economy and contributes to the discussion regarding technological developments in China. The book is written for readers who are oriented towards the new globalization that is emerging in the innovation economy and the factors driving China's economic growth.

Author : Erik Baark,Bert Hofman,Jiwei Qian
Publisher : National University of Singapore Press
Page : 328 pages
File Size : 54,6 Mb
Release : 2021-08-20
Category : Electronic
ISBN : 9813251484

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Innovation and China's Global Emergence by Erik Baark,Bert Hofman,Jiwei Qian Pdf

A pressing investigation into the global implications of China's shift to an innovation economy. As China shifts to an economy driven by innovation and productivity growth, the global implications of this transition will be significant. Amid the rise of techno-nationalism and a changing strategic calculus around the world, the manner and means of China's transition faces a high degree of scrutiny. China is attempting to balance a reliance on overseas sources of technology alongside efforts to strengthen domestic innovation capabilities as a hedge against the risks of a United States-led "decoupling." In these circumstances, it is essential to understand the many different forces of change within China, and the way China responds to outside changes. The evolution of China's innovation economy will be one of the key economic stories of the early twenty-first century, and the world will need China as a source of innovation in the decades ahead. The aim of this book is to help build a better framework for policymakers to find a new equilibrium in negotiating the terms of an oncoming shift in geopolitics.

Author : Richard P. Appelbaum,Cong Cao,Xueying Han,Rachel Parker,Denis Simon
Publisher : John Wiley & Sons
Page : 200 pages
File Size : 47,5 Mb
Release : 2018-10-15
Category : Science
ISBN : 9780745689609

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Innovation in China by Richard P. Appelbaum,Cong Cao,Xueying Han,Rachel Parker,Denis Simon Pdf

China is in the midst of transitioning from a manufacturing-based economy to one driven by innovation and knowledge. This up-to-date analysis evaluates China's state-led approach to science and technology, and its successes and failures. In recent decades, China has seen huge investments in high-tech science parks, a surge in home-grown top-ranked global companies, and a significant increase in scientific publications and patents. Helped by state policies and a flexible business culture, the country has been able to leapfrog its way to a more globally competitive position. However, the authors argue that this approach might not yield the same level of progress going forward if China does not address serious institutional, organizational, and cultural obstacles. While not impossible, this task may well prove to be more difficult for the Chinese Communist Party than the challenges that China has faced in the past.

Author : Celeste Varum,Can Huang,Joaquim Borges Gouveia
Publisher : Elsevier
Page : 152 pages
File Size : 50,8 Mb
Release : 2007-11-30
Category : Business & Economics
ISBN : 9781780632261

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China: Building An Innovative Economy by Celeste Varum,Can Huang,Joaquim Borges Gouveia Pdf

A comprehensive description of China’s innovation system through in-depth analysis of its transformation in the past two decades. The most recent developments are included in order to summarize Chinese experience of reforming its industry and academy sector to meet the challenge of innovation. The discussion is not only centred on the policy and its impact, but goes further to find the logic behind the actions. The book also examines the strengths and weaknesses of China’s innovation system in the global context. The book helps R&D managers, business professionals and academics grasp an understanding of the new changes in China from the perspective of innovation. It also facilitates policy makers and academics to understand the Chinese experience of building a dynamic and innovative economy. Comprehensive coverage of China’s innovation using the national innovation system approach Includes up-to-date information regarding data, policy reforms and policy impact Original comparative discussion of China’s innovation practice in the global context

Author : Joanna I. Lewis
Publisher : Columbia University Press
Page : 306 pages
File Size : 54,8 Mb
Release : 2013
Category : Business & Economics
ISBN : 9780231153300

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Green Innovation in China by Joanna I. Lewis Pdf

Just a decade ago, China maintained only a handful of operating wind turbines -- all imported from Europe and the United States.

Author : CICC Research, CICC Global Institute
Publisher : Springer Nature
Page : 237 pages
File Size : 50,9 Mb
Release : 2024-06-26
Category : Electronic
ISBN : 9789819982318

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The Rise of China’s Innovation Economy by CICC Research, CICC Global Institute Pdf

Author : Marina Zhang,Mark Dodgson,David Gann
Publisher : Oxford University Press
Page : 305 pages
File Size : 41,6 Mb
Release : 2022-01-07
Category : Business & Economics
ISBN : 9780198861171

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Demystifying China's Innovation Machine by Marina Zhang,Mark Dodgson,David Gann Pdf

China's extraordinary economic development is explained in large part by the way it innovates. Contrary to widely held views, China's innovation machine is not created and controlled by an all-powerful government. Instead, it is a complex, interdependent system composed of various elements, involving bottom-up innovation driven by innovators and entrepreneurs and highly pragmatic and adaptive top-down policy. Using case studies of leading firms and industries, along with statistics and policy analysis, this book argues that China's innovation machine is similar to a natural ecosystem. Innovations in technology, organization, and business models resemble genetic mutations which are initially random, self-serving, and isolated, but the best fitting are selected by the market and their impacts are amplified by the innovation machine. This machine draws on China's multitude manufacturers, supply chains, innovation clusters, and digitally literate population, connected through super-sized digital platforms. China's innovation suffers from a lack of basic research and reliance upon certain critical technologies from overseas, yet its scale (size) and scope (diversity) possess attributes that make it self-correcting and stronger in the face of challenges. China's innovation machine is most effective in a policy environment where the market prevails; policy intervention plays a significant role when market mechanisms are premature or fail. The future success of China's innovation will depend on continuing policy pragmatism, mass innovation, and entrepreneurship, and the development of the 'new infrastructures'.

Author : George S. Yip,Bruce McKern
Publisher : MIT Press
Page : 304 pages
File Size : 52,9 Mb
Release : 2016-04-08
Category : Business & Economics
ISBN : 9780262333511

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China's Next Strategic Advantage by George S. Yip,Bruce McKern Pdf

A book for everyone who does business with China or in China. The history-making development of the Chinese economy has entered a new phase. China is moving aggressively from a strategy of imitation to one of innovation. Driven both by domestic needs and by global ambition, China is establishing itself at the forefront of technological innovation. Western businesses need to prepare for a tidal wave of innovation from China that is about to hit Western markets, and Chinese businesses need to understand the critical importance of innovation in their future. Experts George Yip and Bruce McKern explain this epic transformation and propose strategies for both Western and Chinese companies. This book is for everyone who does business with China or in China, or is interested in the development of the world's fastest-growing economy. Western CEOs can learn from Chinese companies and can create an effective innovation process in China, for China and the world. Chinese CEOs can benefit from understanding the strategies of their peers as they strive to enter foreign markets. And all Western businesses should prepare for disruption from their new competitors. Yip and McKern provide case studies of successful firms, outline ten ways in which the managerial and innovative capabilities of these firms differ from those of Western firms, and describe how multinationals doing business in China can become part of the Chinese ecosystem of new knowledge and technology. Yip and McKern argue that these innovation capabilities will be the basis for creating world-class products and services to meet the challenges of a new era of global competition.

Author : CICC Research CICC Global Institute
Publisher : Springer
Page : 0 pages
File Size : 49,6 Mb
Release : 2024-04-15
Category : Business & Economics
ISBN : 9819982332

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The Rise of China's Innovation Economy by CICC Research CICC Global Institute Pdf

This open access book provides a comprehensive review of technological innovation in China, focusing on some existing challenges and the debate on the role of public policies in promoting innovation. Technological innovation has become a vital factor in promoting high-quality development in China. By examining the current state of and challenges confronting China's technological innovation from both the supply side (talent and R&D) and the demand side (domestic and international demand), this book offers a view on how to enhance the efficiency of industry chain while ensuring security through innovation. Public policy often plays a crucial role in shaping and improving the national innovation system when new challenges emerge. We put special emphasis on innovation in strategically important sectors, which include the digital, green, and biotech industries, as well as the manufacturing and logistics sectors that are fundamental to the working of the whole innovation system. This book explains academically rigorous content in a simple manner, and is therefore suitable for readers from the fields of public policy, economics, finance, and innovative sectors who seek to better understand China's path of innovation. The book cites information from various credible sources, including academic journals, policy institutions, and a network of primary sources such as industry experts and renowned academics.

Author : Douglas Zhihua Zeng,Shuilin Wang
Publisher : World Bank Publications
Page : 38 pages
File Size : 53,8 Mb
Release : 2007
Category : China
ISBN : 8210379456XXX

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China and the Knowledge Economy by Douglas Zhihua Zeng,Shuilin Wang Pdf

The rapid pace of economic growth in China has been unprecedented since the start of economic reforms in late 1970s. It has delivered higher incomes and made the largest single contribution to global poverty reduction. Measured by international poverty lines, from 1978-2004, the absolute poor population in rural areas has dropped from 250 million to 26.1 million. Such gains are impressive and have been driven largely by a set of market-oriented institutional reforms, strong investment, and effective adoption and application of various knowledge and technologies, especially foreign ones through trade and foreign direct investment. While enjoying tremendous success, China also faces many challenges that need to be addressed to sustain its long-term development. These include weak institutions, low overall educational attainment, weak indigenous innovation capacity, poor links between research and development and industries, and so on. This paper provides an analysis of some strengths, weaknesses, opportunities, and challenges to China's knowledge economy in the areas of economic incentives and institutional regime, human capital, innovation system, and information infrastructure.

Author : Taco C.R. van Someren,Shuhua van Someren-Wang
Publisher : Springer Science & Business Media
Page : 266 pages
File Size : 41,8 Mb
Release : 2014-07-08
Category : Business & Economics
ISBN : 9783642362378

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Innovative China by Taco C.R. van Someren,Shuhua van Someren-Wang Pdf

China is trying to turn its labor, capital and resources intensive, lower added-value and export dependent growth into a sustainable innovative economy. This is changing the world’s power balance and has sparked a race between East and West in knowledge-based, high added-value economic innovation. Inspired by their extensive experience in doing business with China, the authors show how the US, the EU and China have reached a crossroad where ten battle fields decide about their future earning capacity and prosperity. Whether China will be a threat or an opportunity depends on the main players in government, public and private organizations rethinking their innovation policies and paths of business development. This books offers a new view on innovation which can be applied by corporate leaders and policy makers to get ready for the future. ​

Author : Jon-Arild Johannessen
Publisher : Taylor & Francis
Page : 216 pages
File Size : 45,5 Mb
Release : 2023-02-28
Category : Business & Economics
ISBN : 9781000837230

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The New Silk Road and the Innovation Economy in China by Jon-Arild Johannessen Pdf

This book provides deep insight into the emergent Chinese innovation economy, as we head towards the Fourth Industrial Revolution. It describes, discusses and analyzes the period from China’s opening up to foreign investment in the 1980s until the New Silk Road project, from 2013 onwards. The developments are assessed from a systemic thinking and evolutionary economic standpoint. The book presents the latest research findings on the direction and achievements of the Belt and Road Initiative, and the results both for China, the countries along the new Silk Road, as well as for Europe and the United States are brought to light. The author asserts that the phenomenon of the New Silk Road as an innovation generator can be understood and explained through the effects of various social mechanisms. He labels these five social mechanisms as: the locomotive force; the explosive force of the butterfly effect; the force of co-creation; the force of expectation; and the force of competence. The book presents 20 cases to substantiate the descriptions, analysis, theoretical reflections and the practical utility of the questions examined in each chapter. It utilizes economic history research methods, scenario thinking, futures research and conceptual generalization to offer different views on the research problem under investigation. Further, the book offers policy suggestions, which include promoting effective macroeconomic policies, and extending microeconomic cooperation schemes, related to the innovation economy. The book will appeal to academics, researchers and graduate students concerned with Chinese economic expansion, Chinese foreign policy and US- and Europe-China relations, as well as policymakers and political advisors.

Author : Rajiv Shah,Zhijie Gao,Harini Mittal
Publisher : Academic Press
Page : 416 pages
File Size : 46,9 Mb
Release : 2014-10-07
Category : Business & Economics
ISBN : 9780128018651

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Innovation, Entrepreneurship, and the Economy in the US, China, and India by Rajiv Shah,Zhijie Gao,Harini Mittal Pdf

What drives innovation and entrepreneurship in India, China, and the United States? Our data-rich and evidence-based exploration of relationships among innovation, entrepreneurship, and economic growth yields theoretical models of economic growth in the context of macroeconomic factors. Because we know far too little about the key characteristics of Chinese and Indian entrepreneurs and the ways they innovate, our balanced, systematic comparison of entrepreneurship and innovation results in a new approach to looking at economic growth that can be used to model empirical data from other countries. The importance of innovation and entrepreneurship to any economy has been recognized since the pioneering work of Joseph Schumpeter. Our analysis of the major factors that affect innovation and entrepreneurship in these three parts of the world – US, China and India –provides a comprehensive view of their effects and their likely futures. Looks at elements important for innovation and entrepreneurship and compares them against each other within the three countries Places theoretical modeling of economic growth in the context of the overall macroeconomic factors Explores questions about the relationships among innovation, entrepreneurship and economic growth in China, India and the US