Innovation and China's Global Emergence
Edited by Erik Baark, Bert Hofman and Jiwei Qian
China is working hard to shift to an economy driven by innovation and productivity growth. The global implications of this transition will be significant, given the size of China's economy and the degree of its integration into world trade and global value chains. The degree of scrutiny on the manner and means of transition will likewise be intense, particularly given the rise of techno-nationalism and a changing strategic calculus around the world. China is attempting to balance the reliance on overseas sources of technology that has served it so well, with efforts to strengthen purely domestic innovation capabilities, not least as a hedge against the risks of a US-led "decoupling".
In these circumstances, a better understanding of the many different forces of change within China, and the way it responds to outside changes, is essential. The evolution of China's innovation economy will be one of the key economic stories of the early 21st century, and the world will need China as a source of innovation in the decades ahead. The aim of this book is to help build a better framework for policy makers overseas and in China to find a new equilibrium in negotiating the terms of this engagement.
"The authors provide objective and thorough examinations of the policies, challenges and efforts of China’s innovation—the key for the realization of China’s rejuvenation. The book is an essential read for understanding the prospect of China’s rise and its impacts on the world." – Justin Yifu Lin, Peking University
"Bringing together seasoned experts on Chinese science and technology, the book offers exceptionally lucid discussions of issues affecting China’s future as a world leader in innovation." – Richard P. Suttmeier, University of Oregon
Erik Baark is visiting research professor at the East Asian Institute, National University of Singapore and emeritus professor, Division of Social Science and the Division of Environment, Hong Kong University of Science and Technology.
Bert Hofman is director and professor at the East Asian Institute, National University of Singapore.
Jiwei Qian is senior research fellow at the East Asian Institute, National University of Singapore.
Publication year: 2021
328 pp / 229 x 152mm
20 figures (graphs), 21 tables