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MessagePosté le: Ven 7 Juil - 00:04 (2017)    Sujet du message: Chinas Innovation Challenge Overcoming The MiddleIncome T Répondre en citant


China's Innovation Challenge: Overcoming the Middle-Income Trap
by Johann Peter Murmann



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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.













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2011 STRE 01 Number of pages: 49 Posted: 13 Feb 2011 Last Revised: 18 Jun 2011 Hong Jiang and Johann Peter Murmann University of New South Wales - Australian School of Business and UNSW Australia Business School - AGSM Downloads 73 (268,760) View PDF Download Abstract: Institutions, Ownership Reform, Regional Economics 11Feedback to SSRN Feedback(required) Email(required) If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 585 442 8170 outside of the United States, 8:30AM to 6:00PM U.Scensus) became prevalent
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