Innovation-led Development: The Logic of China’s Economic Development

Author:

Lei Jiasu1,Zhang Qingzhi2,Qi Yaoyuan3

Affiliation:

1. Center for Enterprise Growth and National Economic Security Research, Tsinghua University, Beijing, P. R. China

2. School of Public Policy and Management, University of Chinese Academy of Sciences, Beijing, P. R. China

3. China Aerospace Academy of Systems Science and Engineering, Beijing, P. R. China

Abstract

In 2012, the Chinese government put forward the “Innovation-driven Development Strategy”, which has its theory origin as well as its practice and policy origin. At this stage, based on the reality of China’s economic development and the prominent role of “lead innovation” to economic development, China urgently needs to adjust the idea of “Innovation-driven Development” in the past to “Innovation-led Development” and should focus on encouraging and supporting “lead innovation” in order to achieve the purpose of the “steady growth and improve quality”.

Publisher

World Scientific Pub Co Pte Lt

Subject

Management of Technology and Innovation,Strategy and Management,General Engineering,Business and International Management

Reference19 articles.

1. Combs, R et al. [1990] Economics and Technological Progress (Chinese version), pp. 125–136. Business Press.

2. Fu, J [1992] Technological Innovation: The Way to Develop Chinese Enterprises, pp. 58–62. Beijing: Enterprise Management Publishing House.

3. Kageyama, K [1982] Economics of Technological Progress (Chinese Version), pp. 124–136. Wen Zhen Tang.

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