The World upside down, China's R&D and innovation strategy
AbstractR&D and innovation have become much more strategic than ever before for the growth of China as well as for its global societal upgrade. The Chinese authorities have designed an innovation strategy to face new economic and social challenges. The first part of the paper is focused on the emergence of the policy, in the 2006-2020 Plan for S&T, with a historical perspective explaining the legacy of the past in today's choices. In the second part, we illustrate China's catching up strategy through four sectors (high-speed trains, aeronautics, clean energy, IT) and discuss its potential impact on the world industry.
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Date of creation: 28 Feb 2012
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R&D; innovation; strategy; high speed trains; aeronautics; clean energy; IT;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-04-23 (All new papers)
- NEP-CSE-2012-04-23 (Economics of Strategic Management)
- NEP-ENE-2012-04-23 (Energy Economics)
- NEP-INO-2012-04-23 (Innovation)
- NEP-TRA-2012-04-23 (Transition Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Theodore H. Moran, 2011. "Foreign Manufacturing Multinationals and the Transformation of the Chinese Economy: New Measurements, New Perspectives," Working Paper Series WP11-11, Peterson Institute for International Economics.
- Yanrui Wu, 2010. "Indigenous Innovation In China: Implications For Sustainable Growth," Economics Discussion / Working Papers 10-18, The University of Western Australia, Department of Economics.
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