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China's National Innovation System: Industrial Policy, Funding Mechanisms and Foreign Investment

China's National Innovation System: Industrial Policy, Funding Mechanisms and Foreign Investment

Hardcover

Business GeneralEconomicsGeneral Political Science

Currently unavailable to order

ISBN10: 9819732646
ISBN13: 9789819732647
Publisher: Palgrave MacMillan
Published: Jul 16 2024
Pages: 176
Weight: 0.81
Height: 0.61 Width: 6.32 Depth: 8.51
Language: English

China abruptly became the second largest economy and, at the same time, the second largest R&D spender in the world, aiming openly to become an innovation powerhouse that holds the edge in critical technologies. The significant consequences on global trade flows, international security, governance and economy are increasingly drawing the attention of policymakers, academics, and industry leaders worldwide. The study highlights the main characteristics and trends of the national innovation system in China, as well as its strengths, challenges, and prospects. It examines in detail public policies, funding mechanisms for innovation, inbound and outbound FDI, IPR mechanisms, public perception towards technology, priority industries, and other factors. It thus identifies the main innovative actors of the system, including government, industry and research institutions, highlighting the patterns of interaction among them. The findings are showcased in a focused case study on the AI industry and further serve to advance policy recommendations for the EU.

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General Political Science