Will China Become a Global Technological Giant?
Article Sidebar
Main Article Content
Abstract
The article argues that China has achieved a remarkable progress in promoting technology absorption and innovation over the past decade. China today spends 2.1 percent of GDP on R&D, more than the OECD average. By 2020, China together with the US will be responsible for more than half of the world’s R&D spending. These two countries may thus largely de-cide about the speed and direction of mankind’s technological progress. Despite the pro-gress, however, China still faces several challenges to becoming a global technological giant.
To face these challenges, China would be well advised to increase the quality of innovation outputs, strengthen efficiency of public support for innovation, further strengthen intel-lectual property rights, and help enhance managerial practices of Chinese firms.
Downloads
Article Details
The author of the article declares that the submitted article does not infringe the copyrights of third parties. The author agrees to subject the article to the review procedure and to make editorial changes. The author transfers, free of charge, to SGH Publishing House the author's economic rights to the work in the fields of exploitation listed in the Article 50 of the Act of 4 February 1994 on Copyright and Related Rights – provided that the work has been accepted for publication and published.
SGH Publishing House holds economic copyrights to all content of the journal. Placing the text of the article in a repository, on the author's home page or on any other page is allowed as long as it does not involve obtaining economic benefits, and the text will be provided with source information (including the title, year, number and internet address of the journal).
References
AmCham China [2018], 2018 China Business Climate Survey Report, American Chamber of Commerce in China.
Bloom N., Brynjolfsson E., Foster F., Jarmin R.S., Patnaik M., Saporta-Eksten I., Reenen J.V. [2017], What Drives Differences in Management?, NBER Working Paper No. W23300, National Bureau of Economic Research, Cambridge, MA.
Bloom N, Sadun R., Van Reenen J. [2017], Management as a technology, CEP Discussion Paper, No. 1433.
Boeing P., Mueller E. [2016], Measuring patent quality in cross-country comparison. Economics Letters, 149, p. 145-147.
Boeing P., Mueller E. [2018], Measuring patent quality based on IST citations: Development of indices and application to Chinese firm-level data, Peking University, China Center for Economic Research, Working Paper Series, No. E2018007.
China IP Index Report [2016], IP House 2016, Judicial Big Data Research Institute.
DRC, World Bank [2018], Innovative China. China’s New Drivers of Growth, Development Research Center of the State Council, China, and the World Bank, forthcoming.
Enago [2018], Paid to Publish – the Chinese Cash Cow, Enago Academy, 21 May 2018, www.enago.com.
ISTIC [2018], Statistical Data of Chinese S&T Papers(2): International Papers, http://www.istic.ac.cn.
KPMG [2018], Investors eye opportunities in artificial intelligence, autotech and enterprise services companies, KPMG, 18 January 2018, https://home.kpmg.com.
Liu X., Schwaag Serger S., Tagscherer U., Chang A. [2017], Beyond catch-up: can a new innovation policy help China overcome the middle-income trap?, “Science and Public Policy”, 1-14, p. 1.
Molnar M. [2017], Boosting firm dynamism and performance in China, OECD Economics Department, Working Papers, No. 1408, OECD Publishing, Paris.
NSF [2018], Science & Engineering Indicators 2018, National Science Foundation, https://www.nsf. gov/statistics, dostęp: 10.02.2018.
SIPO [2017], 2017 China Patent Investigation Report, SIPO.
Staniland M. [2017], Nature Index: over 50% of China’s high-quality research involves international co-author, 24 May 2017, https://www.nature.com.
Van Noorden R, Maher B., Nuzzo R. [2014], The top 100 papers, “Nature”, 29 October.
Wang K.W., et al. [2017], Digital China: Powering the Economy to Global Competitiveness, McKinsey Global Institute, December.
WIPO [2016], WIPO IP Facts and Figures 2016, WIPO, http://www.wipo.int, dostęp: 10.09.2017.
World Bank [2018], The World Bank, https://datahelpdesk.worldbank.org, dostęp: 10.02.2018.