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China's innovation policies: Evolution, institutional structure, and trajectory

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  • Liu, Feng-chao
  • Simon, Denis Fred
  • Sun, Yu-tao
  • Cao, Cong
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    Abstract

    China has transformed itself from a planning to a market-oriented economy over the past three decades and has sustained a fairly long period of rapid economic growth, to which the contributions from innovation in science and technology (S&T) have become increasingly important. Then, how have China's innovation policies evolved to reflect the changing and supposedly better understanding of innovation by China's policy makers? The paper tries to answer this question through a quantitative analysis of 287 policies issued by China's central government agencies between 1980 and 2005 and of 79 policies introduced between 2006 and 2008 to implement the Medium- and Long-Term Plan for the Development of Science and Technology (2006-2020). China has shifted its S&T and industrial policy-centered innovation strategy and has pursued a series of better coordinated, innovation-oriented economic and technology initiatives that give greater attention to a portfolio of policies that include critical financial, tax, and fiscal measures. There has been a gradual departure from the pattern in which innovation policies are formulated by one single government agency, therefore steering China to a different and probably more promising innovation trajectory.

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    Bibliographic Info

    Article provided by Elsevier in its journal Research Policy.

    Volume (Year): 40 (2011)
    Issue (Month): 7 (September)
    Pages: 917-931

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    Handle: RePEc:eee:respol:v:40:y:2011:i:7:p:917-931

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    Web page: http://www.elsevier.com/locate/respol

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    Keywords: Innovation policies State Evolution Institution China;

    References

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    1. Hadjimanolis, Athanasios & Dickson, Keith, 2001. "Development of national innovation policy in small developing countries: the case of Cyprus," Research Policy, Elsevier, Elsevier, vol. 30(5), pages 805-817, May.
    2. Oecd, 2005. "Governance of Banks in China," Financial Market Trends, OECD Publishing, vol. 2005(2), pages 67-108.
    3. Can Huang & Celeste Amorim & Joaquim Borges Gouveia & Mark Spinoglio & Augusto Medina, 2004. "Organization, Program and Structure: An Analysis of the Chinese Innovation Policy Framework," Working Papers de Economia (Economics Working Papers) 17, Departamento de Economia, Gestão e Engenharia Industrial, Universidade de Aveiro.
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    Cited by:
    1. Liu, Xiaohui & Hodgkinson, Ian R. & Chuang, Fu-Mei, 2014. "Foreign competition, domestic knowledge base and innovation activities: Evidence from Chinese high-tech industries," Research Policy, Elsevier, Elsevier, vol. 43(2), pages 414-422.
    2. Ponomariov, Branco & Toivanen, Hannes, 2014. "Knowledge flows and bases in emerging economy innovation systems: Brazilian research 2005–2009," Research Policy, Elsevier, Elsevier, vol. 43(3), pages 588-596.
    3. Dang, Jangwei & Motohashi, Kazuyuki, 2013. "Patent statistics: a good indicator for innovation in China? Assessment of impacts of patent subsidy programs on patent quality," MPRA Paper 56184, University Library of Munich, Germany.
    4. Zhi, Qiang & Su, Jun & Ru, Peng & Anadon, Laura Diaz, 2013. "The evolution of China's National Energy RD&D Programs: The role of scientists in science and technology decision making," Energy Policy, Elsevier, vol. 61(C), pages 1568-1585.

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