China's Quest for Innovation

Know about the book -

China's Quest for Innovation is written by Shuanping Dai and published by Routledge. It's available with International Standard Book Number or ISBN identification 1351019724 (ISBN 10) and 9781351019729 (ISBN 13).

The transition from a catching-up style economy to an innovation-driven economy poses a major challenge for China. This book examines the major issues at stake, outlines developments in crucial business fields and industries, and discusses the roles of top-down politics and bottom-up entrepreneurship. It focuses in particular on the institutional foundations of innovation, arguing that successful innovation relies on the favourable interplay of business, politics, and society, and that comprehensive institutional and organizational changes will be required in China in order for innovation to succeed. Overall, the book assesses how far China will be able to depart from the Western paradigm of successful innovation regimes and create its own innovation system with Chinese characteristics.