Governance and the China innovation economy

Yongda Yu, Junbo Yu, Xinglin Pan and Roger Stough ()
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Yongda Yu: Tsinghua University
Junbo Yu: Jilin University
Xinglin Pan: Tsinghua University
Roger Stough: George Mason University

Asia-Pacific Journal of Regional Science, 2017, vol. 1, issue 1, No 25, 63-84

Abstract: Abstract This paper argues that China after decades of investment into creating self-innovation capacity with little success is finally making some significant progress. The evidence for this ranges from multiple technology companies entering the top ten lists globally to growing success of innovation output from some of its innovation centers. The recent evolution of this change demonstrates that China is beginning to move away from total dependence on imitation innovation as the basis of its manufacturing- and service-based economies. It is argued that a three-pronged model of governance after the work of David Bell along with a single-party political leadership system has contributed to this recent development.

Keywords: Innovation and invention; Processes and incentives; Management and technological innovation and R&D; Technological change; Choices and consequences & diffusion processes; Government policy (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (4)

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DOI: 10.1007/s41685-017-0013-9

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