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China’s 40-year road to innovation

Zheng Li (School of Economics, Jilin University, Changchun, China)
Xizhen Zhou (School of Economics, Jilin University, Changchun, China)
Samuel Jung (Department of Economics, The State University of New York, Cortland, New York, USA)
Jun Li (Essex Business School, University of Essex, Colchester, UK)

Chinese Management Studies

ISSN: 1750-614X

Article publication date: 8 January 2020

Issue publication date: 22 May 2020

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Abstract

Purpose

The purpose of this paper is to review the evolution of policies and practices of innovation in China for the past 40 years.

Design/methodology/approach

This is a review paper. It adopts a different multi-dimensional, qualitative methodology to examine China’s trajectory of innovation from the economic reform since 1978, highlighting “China” experiences in the developing innovation-driven economy, also pointing the challenges that China faces in this transition process and future prospects. The analysis of China’s innovation performance was based mostly on secondary data from sources and institutions that use statistical data to build country rankings, such as the global innovation index and global competitiveness index.

Findings

It is found that the institutional foundations of the national innovation system in China are already being laid, and so far, China has made extraordinary progress regarding innovation performance from country to region and from business to individual. However, some critical challenges in its innovation-driven development still need urgent attention and effective efforts to reinforce them.

Originality/value

This paper aims to fill the gap in the literature by providing an overview of the evolution of the policies and practices of innovation development in China since the 1978 economic reforms and explores the Chinese experiences in transforming into an innovation-driven economy.

Keywords

Acknowledgements

The research reported was supported by the National Social Science Fund of China “Core Strategy and Practice of Inspiring and Protecting Entrepreneurship in the New Era” (Grant No. 18VSJ085).

Conflicts of Interest: The authors declare no conflict of interest.

Citation

Li, Z., Zhou, X., Jung, S. and Li, J. (2020), "China’s 40-year road to innovation", Chinese Management Studies, Vol. 14 No. 2, pp. 335-357. https://doi.org/10.1108/CMS-01-2019-0019

Publisher

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Emerald Publishing Limited

Copyright © 2019, Emerald Publishing Limited

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