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China as an Innovation Nation (Hardcover)
Loot Price: R2,956
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China as an Innovation Nation (Hardcover)
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This volume assesses China's transition to innovation-nation status
in terms of social conditions, industry characteristics and
economic impacts over the past three decades, also providing
insights into future developments. Defining innovation as the
process that generates a higher quality, lower cost product than
was previously available, the introductory chapter conceptualizes
the theory of an innovation nation and the lessons from Japan and
Untied States. It outlines the key governance, employment and
investment institutions that China must build for such transition
to occur, and examines China's challenges and strategies to
innovate in the era of global production systems. Two succeeding
chapters explain the evolving roles of Chinese state in innovation,
and the new landscape of venture capital finance. The remaining
chapters provide studies of major industries, which contain
analyses of the evolving roles of investment by government agencies
and business interests in the process. Included in these studies
are traditional industries such as mechanical engineering,
railroads, and automobiles; rapidly evolving and internationally
highly integrated industries such as
information-and-communication-technology (ICT); and newly emerging
sectors such as wind and solar energy. Written by leading academics
in the field, studies in this volume reveal Chinese innovation as
diverse across industries and enterprises and fluid over time. In
each sector, we observe continued co-evolution of state policy,
market demand, and technology development. The strategies and
structures of individual companies and industrial ecosystems are
changing rapidly. The sum total of the studies is a great step
forward in our understanding of the industrial foundations of
China's attempt to become an innovation nation.
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