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.
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Notes
All of these programs found expression in many parts of the country as the central government provided funding but in many cases, did so when its contribution was matched at the provincial and local levels.
The Global Innovation Index 2015 is a joint project of Cornell University, INSEAD and the World Intellectual Property Organization (WIPO). Find the 2015 Index Report at [https://www.globalinnovationindex.org/content/page/GII-Home].
Another side of anti-corruption can also be mentioned. Anti-corruption can bring many positive outcomes such as fair competition, effective resource and asset management etc., However, many people claim that to some extent, anti-corruption discourages leaders and people from implementing new polices, and under this atmosphere, people become risk adverse and conservative. So, anti-corruption may also have an adverse effect regarding moving the China economy more forcefully toward self-innovation.
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Yu, Y., Yu, J., Pan, X. et al. Governance and the China innovation economy. Asia-Pac J Reg Sci 1, 63–84 (2017). https://doi.org/10.1007/s41685-017-0013-9
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DOI: https://doi.org/10.1007/s41685-017-0013-9