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The Sources of Knowledge for China’s Economic Development

Xiqing Zhu ()
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Xiqing Zhu: Changsha University of Science and Technology, Changsha, China

Man and the Economy, 2019, vol. 6, issue 1, 6

Abstract: The lack of knowledge, both technological and institutional, has been and continues to be, China’s main constraint during its transition from a planned economy to a market economy. Using illustrative examples, this article identifies two main sources of knowledge. The Shenzhen model opens a platform to acquire knowledge from abroad; the Wenzhou model reveals mechanisms by which knowledge is created internally. The two models represent different ways of regional experimentation, a unique method for knowledge creation and diffusion during China’s economic transition.

Keywords: economic transition; knowledge; division of labor (search for similar items in EconPapers)
Date: 2019
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DOI: 10.1515/me-2019-0004

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