Abstract
Throughout its history, China was a hub for technology and innovation; however, over the past two centuries the country fell behind. When China opened its economy in the 1980s, it started with a low-margin and low-tech original equipment manufacturing model, and slowly but steadily moved up the value chain, upgrading its business model. Innovation has become extremely important in modern China, becoming a key national strategy for economic growth, and the government has developed intellectual property laws and other strategies to further encourage technological development and successful innovation.
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Zhong, H., Winton, L., Krosinsky, C. (2020). China and Innovation. In: Modern China. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-39204-8_3
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DOI: https://doi.org/10.1007/978-3-030-39204-8_3
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