Innovation Spaces in Asia
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Innovation Spaces in Asia

Entrepreneurs, Multinational Enterprises and Policy

Edited by Maureen McKelvey and Sharmistha Bagchi-Sen

Innovation Spaces in Asia provides insight into how and why Asia is poised to impact global innovation. Asia is undergoing rapid developments in markets, sources of technology and user preferences. A key characteristic of the book is the rich empirical understanding of the dynamic processes, involving the strategic decisions of firms and entrepreneurs with the broader socio-economic environment in terms of institutions, markets, knowledge and innovation systems. Innovation spaces are analyzed within Asian countries and firms, from Asia to the world, and from the world to Asian countries.
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Chapter 2: To boldly go. . . Characteristics of China’s innovation policy

Enrico Deiaco and Carl Jeding


This chapter addresses the development of the innovation space within China, by focusing upon innovation policy, the development of scientific and technological capabilities in research and in firms, and the implications for global competitiveness. The rise of the Chinese economy has been a focal point for much of the discussion about the global economy during at least the last decade. To a large extent this growth has come from moving labour out of an extremely low-productivity agricultural sector into relatively unqualified manufacturing. The dual forces of removing political/regulatory barriers to trade and investment, and the increased outsourcing and offshoring of goods production have made China a leading producer of manufactured goods in the world. This growth model has worked well, and it is probably still viable for a decade or so of relatively high growth (Das and N’Diaye 2013). There is still a vast pool of labour of several hundred millions of people employed in the agricultural sector, which remains characterized by low productivity.

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