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2 - The Breadth and Extent of Chinese Innovation as Documented in the 2017 Corporate Innovation Survey
from Part I - Drivers of Innovation in Emerging Markets
- By Zhaohui Xuan, Yu Chen
Edited by Fernanda Cahen, Lourdes Casanova, Cornell University, New York, Anne Miroux, Cornell University, New York
Book:

Innovation from Emerging Markets

Published online:

15 March 2021

Print publication:

25 March 2021, pp 39-62
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Summary

This chapter catalogs the characteristics of Chinese corporate innovation activities based on data from the Chinese corporate innovation survey. Innovation fueled China's economic development and social welfare promotion, and resulted in the country offering high-quality products and services to the world’s consumer market. Chinese enterprises value innovation, especially those in the high-tech manufacturing and the software and information technology service industries. However, collaborations with universities and institutes are still rare, and occur even less frequently with overseas companies and institutes. As China's innovation capability improves, the country will not only represent the largest market for the commercialization of global innovation, but also become an increasingly important member of the international research and development (R&D) network.