Сhina: Toward a Market-based Open Innovation System

The rapid growth of Chinese economy in the last two decades is an essential result of an effective state policy for its transformation into an open and market form. Similar changes took place in innovation system. The emphasis is placed on the cooperation of science and business, the commercializat...

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Bibliographic Details
Main Authors: Xielin Liu, Nannan Lundin
Format: Article
Language:English
Published: National Research University Higher School of Economics 2007-12-01
Series:Foresight and STI Governance
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Online Access:https://foresight-journal.hse.ru/article/view/19417
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Summary:The rapid growth of Chinese economy in the last two decades is an essential result of an effective state policy for its transformation into an open and market form. Similar changes took place in innovation system. The emphasis is placed on the cooperation of science and business, the commercialization of scientific research outcomes. As a result - the activities of certain high-tech companies in China have already acquired global scales, while China itself has become an extremely attractive location for manufacturing and research centers by foreign multinationals.
ISSN:2500-2597