Innovation in China

Innovation in China explores the country's transition from a manufacturing-based economy to one driven by innovation and knowledge. This up-to-date analysis evaluates China's state-led approach to science and technology, highlighting its successes and failures.

In recent decades, China has experienced significant investments in high-tech science parks, a surge in home-grown top-ranked global companies, and a marked increase in scientific publications and patents. State policies and a flexible business culture have helped the country leapfrog to a more globally competitive position.

However, the authors argue that this approach might not sustain the same level of progress in the future. If China does not address serious institutional, organisational, and cultural obstacles, the task of continuing progress might prove to be more difficult for the Chinese Communist Party than previous challenges the country has faced.