China's Path to Innovation

"Over the past three decades, China has experienced rapid economic growth and a fascinating transformation of its industry. However, much of this success is the result of industrial imitation and China's continuing success now relies heavily on its ability to strengthen its indigenous innovation capability. In this book, Xiaolan Fu investigates how China can develop a strategy of compressed development to emerge as a leading innovative nation. The book draws on quantitative and qualitative research that includes cross-country, cross-province and cross-firm analysis. Large multi-level panel datasets, unique survey databases, and in-depth industry case studies are explored. Different theoretical approaches are also used to examine the motivations, obstacles and consequences of China's innovation with a wider discussion around what other countries can learn from China's experience. This book will appeal to scholars and policy-makers working in fields such as innovation policy, technology management, development and international economics and China studies"-- "The past three decades have witnessed rapid economic growth and a fascinating transformation of China's economy and industry, from an economy dominated by agriculture to one that is referred to as a 'world manufacturing plant', from a small exporter of resource- and unskilled labour-intensive products to a major producer of manufactured exports. The total industrial output of China increased from USD 91 million in 1980 to USD 3,728 million in 2013, and the share of industrial products in total exports has increased from 50% in 1980 to more than 95% in 2012 (NBS, 2013)"--