Description
Book SynopsisChina's extraordinary economic development is explained in large part by the way it innovates. Through case studies and policy analysis, this book reveals how China's innovation machine acts in a similar way to a natural ecosystem, in which the best fitting innovations that are initially random and isolated are selected by the market and amplified.
Trade ReviewThis is a thorough, complex analysis of China's growing technological influence in global development. * S. J. Gabriel, CHOICE *
To understand China's economic success, we need to appreciate how it innovates. This book brilliantly explains how China has developed a powerful innovation machine. * Lee Howell, Lee Howell, Senior Advisor, World Economic Forum & Visiting Professor, University of Geneva. Former Managing Director, World Economic Forum *
Sustained growth in any economy is driven by continuous technological innovation, including China's miraculous growth since the late 1970s. The interesting questions are how China sustained innovation for decades and whether China can continue its past successes. This book provides answers, based on solid empirical research, to the above important questions. * Justin Yifu Lin, Institute of New Structural Economics, Peking University, Former Chief Economist, World Bank *
Table of ContentsIntroduction 1: China's Innovation Machine 2: Has China Caught Up in the Global Innovation Race? 3: Effectiveness-Based Manufacturing as a Foundation of China's Innovation Machine 4: China's Mega Supply Chains 5: China's Digital Economy: Survival of the Most Connected 6: Technology Entrepreneurship 7: Institutional Logics in Innovation 8: Chaotic Order: The Future of China's Innovation Machine
