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Innovation in China: The State of Art and Future Perspectives

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Revolution of Innovation Management

Abstract

Over the past decade, China has performed well in innovation. For now, the Chinese government has made innovation-driven development its national strategy in its Thirteenth Five Year Plan. Chairman Jinping Xi especially emphasizes the essential position of technological innovation and proposes the “three-step” goal for developing science and technology in China: the first step is to become an innovative nation in 2020; the second step is to become a major leading innovative nation in 2030; whereas the third step is to guarantee China becoming the world’s leading power in science and technology by the 100th anniversary of the founding of the new China (Xi 2016). Such an innovation-driven developmental strategy, according to Xi, is the inevitable choice to maintain sustained and healthy economic development in China.

We thank Yanyan Wang, Linbo Sun, Ximing Yin, and Yongqian Duan for their help of collecting cases and insightful comments.

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Author information

Authors and Affiliations

  1. School of Economics and Management, Tsinghua University, Beijing, China

    Jin Chen & Rebecca Wenjing Lyu

  2. Research Center for Technological Innovation, Tsinghua University, Beijing, China

    Jin Chen & Rebecca Wenjing Lyu

Authors
  1. Jin Chen
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  2. Rebecca Wenjing Lyu
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Editor information

Editors and Affiliations

  1. University of Southern Denmark, Sonderborg, Denmark

    Alexander Brem

  2. EADA Business School, Barcelona, Spain

    Eric Viardot

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Chen, J., Lyu, R.W. (2017). Innovation in China: The State of Art and Future Perspectives. In: Brem, A., Viardot, E. (eds) Revolution of Innovation Management. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95123-9_4

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