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Demystifying China's Innovation Machine
Af: David Gann, Mark Dodgson, Marina Zhang Engelsk Hardback
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kr 15
Demystifying China's Innovation Machine
Af: David Gann, Mark Dodgson, Marina Zhang Engelsk Hardback
China''s extraordinary economic development is explained in large part by the way it innovates. Contrary to widely held views, China''s innovation machine is not created and controlled by an all-powerful government. Instead, it is a complex, interdependent system composed of various elements, involving bottom-up innovation driven by innovators and entrepreneurs and highly pragmatic and adaptive top-down policy. Using case studies of leading firms and industries, along with statistics and policy analysis, this book argues that China''s innovation machine is similar to a natural ecosystem. Innovations in technology, organization, and business models resemble genetic mutations which are initially random, self-serving, and isolated, but the best fitting are selected by the market and their impacts are amplified by the innovation machine. This machine draws on China''s multitude manufacturers, supply chains, innovation clusters, and digitally literate population, connected through super-sized digital platforms. China''s innovation suffers from a lack of basic research and reliance upon certain critical technologies from overseas, yet its scale (size) and scope (diversity) possess attributes that make it self-correcting and stronger in the face of challenges. China''s innovation machine is most effective in a policy environment where the market prevails; policy intervention plays a significant role when market mechanisms are premature or fail. The future success of China''s innovation will depend on continuing policy pragmatism, mass innovation, and entrepreneurship, and the development of the ''new infrastructures''.
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China''s extraordinary economic development is explained in large part by the way it innovates. Contrary to widely held views, China''s innovation machine is not created and controlled by an all-powerful government. Instead, it is a complex, interdependent system composed of various elements, involving bottom-up innovation driven by innovators and entrepreneurs and highly pragmatic and adaptive top-down policy. Using case studies of leading firms and industries, along with statistics and policy analysis, this book argues that China''s innovation machine is similar to a natural ecosystem. Innovations in technology, organization, and business models resemble genetic mutations which are initially random, self-serving, and isolated, but the best fitting are selected by the market and their impacts are amplified by the innovation machine. This machine draws on China''s multitude manufacturers, supply chains, innovation clusters, and digitally literate population, connected through super-sized digital platforms. China''s innovation suffers from a lack of basic research and reliance upon certain critical technologies from overseas, yet its scale (size) and scope (diversity) possess attributes that make it self-correcting and stronger in the face of challenges. China''s innovation machine is most effective in a policy environment where the market prevails; policy intervention plays a significant role when market mechanisms are premature or fail. The future success of China''s innovation will depend on continuing policy pragmatism, mass innovation, and entrepreneurship, and the development of the ''new infrastructures''.
Produktdetaljer
Sprog: Engelsk
Sider: 306
ISBN-13: 9780198861171
Indbinding: Hardback
Udgave:
ISBN-10: 0198861176
Udg. Dato: 8 dec 2021
Længde: 26mm
Bredde: 165mm
Højde: 242mm
Oplagsdato: 8 dec 2021
Forfatter(e) David Gann, Mark Dodgson, Marina Zhang


Kategori Virksomhedsinnovation


Sprog Engelsk


Indbinding Hardback


Sider 306


Udgave


Længde 26mm


Bredde 165mm


Højde 242mm


Udg. Dato 8 dec 2021


Oplagsdato 8 dec 2021

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