China S Path To Innovation

A rigorous examination of the motivations, sources, obstacles to and consequences of China's drive to become a leading innovative nation.

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.

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.

This book argues that China must become an innovation-based economy to avoid the middle-income traps, and examines both the opportunities and challenges in meeting this goal.

Will China Surpass the United States as an innovation nation? China is tirelessly working to overcome its technological deficiencies by driving R&D initiatives in government and business and adapting Western Internet platforms for domestic use. It is extending its technological reach through a major drive to rival India as a services outsourcing leader and projecting its high-tech brands into the companies and homes of other countries. But whether China succeeds will depend on how it handles such issues as demography, energy dependency, and resource limitations. The environmental challenges posed by China's vast manufacturing sector are well documented, but what isn't widely realized is that China is actually outstripping the West in all manner of green initiatives, renewable energy investments, research and development funding, and other areas essential to improving the health of the planet. However, omnipresent government intervention, environmental degradation, natural resource exhaustion, and other issues threaten to derail China’s rise to superpower status. As the country meets global challenges on a scale that few nations can match, China Fast Forward takes a look at what lies ahead and why China’s success is important to us all. In this book, Bill Dodson explores China's reincarnation from a closed, agrarian nation into a modern, high-tech superpower bent on literally cleaning up its act. Presents an on-the-ground survey and analysis of China's renewable and clean energy sector that identifies the kinds of projects and technologies Chinese enterprises and local governments are hungry for Includes a discussion on how successful Chinese companies are developing their brands to go head-to-head with the world’s best-known companies Discusses how central government conflicts of interest are actually foiling corporate and official drives to innovation across a range of sectors Taking a look inside China's march toward becoming a sustainable superpower through innovation, China Fast Forward presents a balance sheet of the country's technological and social progress on its path to becoming a world leader.

This title offers an in-depth look at the status and trajectories of innovation in major Chinese technological sectors such as machines, tools, railroad, automobile, information, communication technology, and wind and solar energy. The book expands our understanding of the industrial foundations of China's attempt to become an innovation nation.

"The Oxford Handbook of China Innovation provides a contemporary and authoritative view of the role of innovation in China's extraordinary emergence. The Handbook consists of chapters written by over sixty experts from universities and research institutions worldwide, who describe and analyze this phenomenon with criticism, discussion of policy issues, and views about further development. It focuses on the microeconomic factors in China's growth, of which the critical force has been the steady drive for innovation. It identifies the many factors instrumental in the development of innovation and evaluates those that are specific to China's context, and those applicable to other nations. The scope of topics is comprehensive, covering China's development policies, the place of innovation in national priorities, the components of the national innovation system and the resources required for their effective deployment. These include the institutions and policies that provide incentives and support to technological development, including people, financial mechanisms, private ownership, rule of law and culture. The issue of foreign influence is also addressed, including the evolution of policy towards inward foreign direct investment and knowledge transfer and China's goals for outward foreign direct investment. The chapters include discussion of the capabilities and strategies of world-class Chinese innovators, together with emerging issues such as environmental remediation, green energy, digital innovation, open innovation, mass innovation and China's future science and technology policy. As China emerges as a contender for global leadership in many fields, the Handbook provides a foundation for informed conjecture regarding the challenges ahead"--

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. ​