CHINA'S INNOVATION CHALLENGE by Arie Y. Lewin (Editor), Martin Kenney (Editor), Johann Peter Murmann (Editor) ( 9781107127128 )

Item Details

Title:

CHINA'S INNOVATION CHALLENGE
OVERCOMING THE MIDDLE-INCOME TRAP

By:

Arie Y. Lewin (Editor), Martin Kenney (Editor), Johann Peter Murmann (Editor)

Format:

Hardback

List price:

£93.00

Our price:

£83.70

Discount:

10% off

You save:

£9.30

ISBN 10:

1107127122

ISBN 13:

9781107127128

Availability:

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Stock:

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Publisher:

CAMBRIDGE UNIVERSITY PRESS

Pub. date:

14 April, 2016

Pages:

504

Description:

This book argues that China must become an innovation-based economy to avoid the middle-income traps, and examines both the opportunities and challenges in meeting this goal.

Synopsis:

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.

Illustrations:

35 b/w illus. 17 tables

Publication:

Imprint:

Cambridge University Press

Returns:

Returnable

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