Indigenous Innovation In China: Implications For Sustainable Growth
AbstractThis paper aims to examine indigenous innovation and draw implications for sustainable economic growth in China. It investigates China’s capacity and achievements in indigenous innovation at both the macro and micro levels. China’s indigenous innovation is also compared to that in other major economies in the world. It is found that China’s innovation development is well ahead of other economies at the similar stage of development but there is a gap between China and the world’s leading innovative economies. Both aggregate and disaggregate evidence shows that China is catching up rapidly with the world’s innovation leaders. If current growth momentum is maintained, China is well positioned to become one of the most innovative economies in the world in the coming decade. There are however some serious issues to be resolved before China’s innovation potential could be realized.
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Bibliographic InfoPaper provided by The University of Western Australia, Department of Economics in its series Economics Discussion / Working Papers with number 10-18.
Length: 28 pages
Date of creation: 2010
Date of revision:
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Indigenous innovation; R&D; Chinese economy;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-09-18 (All new papers)
- NEP-CSE-2010-09-18 (Economics of Strategic Management)
- NEP-INO-2010-09-18 (Innovation)
- NEP-SBM-2010-09-18 (Small Business Management)
- NEP-TRA-2010-09-18 (Transition Economics)
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- Guilhem Fabre & Stephane Grumbach, 2012. "The World upside down, China's R&D and innovation strategy," Working Papers halshs-00686389, HAL.
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