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China's Innovation Challenge

China's Innovation Challenge

Overcoming the Middle-Income Trap

Martin Kenney, Arie Y. Lewin, Johann Peter Murmann

Cambridge University Press
Publication date : 2016-04-14

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The miracle growth of the Chinese economy has decreased from a compound annual growth rate of 10% to less than 7% in 2015. The two engines of growth - export on a scale never before witnessed and massive infrastructure investments - are reaching the point of diminishing returns. This poses the central question which is explored in this book - can China escape the middle-income trap? Assuming current political arrangements remain unchanged and that it does not or cannot adopt Western sociopolitical economic regimes, can China develop an indigenous growth model centered on innovation? This compilation gathers leading Chinese and other international scholars to consider the daunting challenges and complexities of building an innovation-driven Chinese growth model. Providing several comprehensive perspectives, it examines key areas such as the institutional system, technology, sociocultural forces and national policy. The analyses and their conclusions range from strong optimism to deep pessimism about China's future.

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About the book

Author

Martin Kenney , Arie Y. Lewin , Johann Peter Murmann

Imprint

Cambridge University Press

Collection

n.c

Publication date

2016-04-14

Pages

n.c

Print ISBN

9781107127128

Language

English

Ebook informations

EAN PDF

9781316592830

Price

£42.20

Copy count 0

Print count 0

File size 3432879 Ko

Informations accessibility

EAN EPUB

9781316591642

Price

£42.20

Copy count 0

Print count 0

File size 13752 Ko

Informations accessibility

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About author(s)

Martin Kenney

Arie Y. Lewin

Johann Peter Murmann

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