Beyond catch-up: could China become the global innovation powerhouse? China’s innovation progress and challenges from a holistic innovation perspective

Chen, J; Yin, X; Fu, X; McKern, B

Beyond catch-up: could China become the global innovation powerhouse? China’s innovation progress and challenges from a holistic innovation perspective

Chen, J Yin, X Fu, X McKern, B

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Publisher:: Oxford University Press (OUP)
Publication Type:: Journal Article
Citation:: Industrial and Corporate Change, 2020, 30, (4), pp. dtab032
Issue Date:: 2020-06-20

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Field	Value	Language
dc.contributor.author	Chen, J
dc.contributor.author	Yin, X
dc.contributor.author	Fu, X
dc.contributor.author	McKern, B
dc.date.accessioned	2022-07-02T04:12:51Z
dc.date.available	2022-07-02T04:12:51Z
dc.date.issued	2020-06-20
dc.identifier.citation	Industrial and Corporate Change, 2020, 30, (4), pp. dtab032
dc.identifier.issn	0960-6491
dc.identifier.issn	1464-3650
dc.identifier.uri	http://hdl.handle.net/10453/158509
dc.description.abstract	<jats:title>Abstract</jats:title> <jats:p>Over the past century and a half, global technological leadership has shifted from Europe to the United States, while scholars argue that the world has seen that it is now shifting from the United States to China due to China’s extraordinary catch-up in the past four decades, in which the public policy-oriented national innovation system development plays a critical role that might provide an alternative way for innovation-driven development especially for emerging markets. Even though encountering many challenges ahead, China is positioning itself to take over the global innovation leadership in the next few decades. Here in this article, we introduce a serious yet underexplored question: could China go beyond catch-up and become the global innovation powerhouse? Specifically, drawing from the holistic innovation perspective, which is an original theoretical paradigm for the mission-oriented innovation policy change, this article critically reviews, both qualitatively and quantitatively, China’s remarkable innovation progress and main drivers in comparison with G7 countries plus South Korea and India, trying to provide a comprehensive and critical view of state-of-the-art research on China’s innovation catch-up. We further explore the five major challenges that China must take seriously when marching toward the global innovation powerhouse. Finally, we propose a mission-oriented holistic STI policy design framework for both China and other emerging economies to go beyond catch-up in a competitive dynamic world. This article provides a new and holistic perspective to access China’s innovation progress and challenges, also generates novel insights for scholars and public agencies to contribute to global innovation development, with a shared goal of achieving global sustainable development in the post-COVID-19 pandemic world.</jats:p>
dc.language	en
dc.publisher	Oxford University Press (OUP)
dc.relation.ispartof	Industrial and Corporate Change
dc.relation.isbasedon	10.1093/icc/dtab032
dc.rights	info:eu-repo/semantics/closedAccess
dc.subject	1402 Applied Economics, 1503 Business and Management
dc.subject.classification	Business & Management
dc.title	Beyond catch-up: could China become the global innovation powerhouse? China’s innovation progress and challenges from a holistic innovation perspective
dc.type	Journal Article
utslib.citation.volume	30
utslib.for	1402 Applied Economics
utslib.for	1503 Business and Management
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
utslib.copyright.status	closed_access	*
dc.date.updated	2022-07-02T04:12:50Z
pubs.issue	4
pubs.publication-status	Published
pubs.volume	30
utslib.citation.issue	4

Abstract:

Abstract Over the past century and a half, global technological leadership has shifted from Europe to the United States, while scholars argue that the world has seen that it is now shifting from the United States to China due to China’s extraordinary catch-up in the past four decades, in which the public policy-oriented national innovation system development plays a critical role that might provide an alternative way for innovation-driven development especially for emerging markets. Even though encountering many challenges ahead, China is positioning itself to take over the global innovation leadership in the next few decades. Here in this article, we introduce a serious yet underexplored question: could China go beyond catch-up and become the global innovation powerhouse? Specifically, drawing from the holistic innovation perspective, which is an original theoretical paradigm for the mission-oriented innovation policy change, this article critically reviews, both qualitatively and quantitatively, China’s remarkable innovation progress and main drivers in comparison with G7 countries plus South Korea and India, trying to provide a comprehensive and critical view of state-of-the-art research on China’s innovation catch-up. We further explore the five major challenges that China must take seriously when marching toward the global innovation powerhouse. Finally, we propose a mission-oriented holistic STI policy design framework for both China and other emerging economies to go beyond catch-up in a competitive dynamic world. This article provides a new and holistic perspective to access China’s innovation progress and challenges, also generates novel insights for scholars and public agencies to contribute to global innovation development, with a shared goal of achieving global sustainable development in the post-COVID-19 pandemic world.

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http://hdl.handle.net/10453/158509