Promoting Enterprise-led Innovation in China
China has made remarkable gains in industrialization and development. Over the past three decades, it has maintained gross domestic product (GDP) growth of about 9 percent per year and lifted more than 400 million people out of poverty. Entering th...
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World Bank
2012
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Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000334955_20090429035618 http://hdl.handle.net/10986/2619 |
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okr-10986-2619 |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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English |
topic |
3G ACCOUNTING ACTION PLAN ADOPTION OF TECHNOLOGIES ADVANCED TECHNOLOGIES ADVANCED TECHNOLOGY ASSEMBLERS AUTOMOBILE AUTOMOTIVE BARRIERS TO ENTRY BASIC BEST PRACTICE BIOTECHNOLOGY BUSINESS ACTIVITIES BUSINESS DECISIONS BUSINESS DEVELOPMENT BUSINESS ENTERPRISES BUSINESS OWNERS BUSINESS SECTOR BUSINESS SERVICES BUSINESS STRATEGY BUSINESSES CAD CAPABILITIES CAPABILITY CAPACITY BUILDING CAPITAL INVESTMENT CITIES COLLABORATION COLLECTIVE ACTION COMMERCE COMMODITIES COMPETITIVENESS COMPONENTS COMPUTER TECHNOLOGY COMPUTERS CONFIDENTIALITY CONSUMER ELECTRONICS CONSUMER MARKETS CONTRACT LAW COPYING COPYRIGHT DECISION-MAKING DEDUCTIBLE DEVELOPMENT CENTER DEVELOPMENT CENTERS DEVELOPMENT INSTITUTIONS DEVELOPMENT OF INNOVATION DISPLACEMENT ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC SECTORS ECONOMIC SUCCESS EDUCATIONAL ATTAINMENT ELECTRIC APPLIANCES ELECTRICAL MACHINERY ELECTRONICS INDUSTRY EMPLOYEE ENGINEERS ENTRY BARRIERS ENVIRONMENTAL PROTECTION EQUIPMENT EXCHANGE RATE EXPENDITURE EXPENDITURES EXTERNAL MARKET FAIR COMPETITION FELLOWSHIP FINANCIAL SUPPORT FINANCIAL SYSTEM FOREIGN DIRECT INVESTMENT FOREIGN FIRMS FOREIGN INVESTMENTS FREE MARKET ECONOMY FULL EMPLOYMENT GLOBAL COMPETITIVENESS GLOBAL MARKET GOVERNMENT INTERVENTION GROWTH STRATEGIES GROWTH STRATEGY HUMAN RESOURCES HUMAN RESOURCES MANAGEMENT INCOME INDUSTRIAL ENTERPRISES INDUSTRIAL TECHNOLOGY INDUSTRY ASSOCIATION INFORMATION INDUSTRY INFORMATION TECHNOLOGY INITIAL PUBLIC OFFERING INNOVATION INNOVATION POLICY INPUT PRICES INSTITUTION INSTITUTIONAL INVESTORS INSURANCE INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY RIGHTS INTERNATIONAL BANK INTERNATIONAL COMPETITION INTERNATIONAL STANDARD INTERNATIONAL STANDARDS INVENTION INVESTMENT DECISIONS JOB CREATION JOINT VENTURES LABOR FORCE LABOR MARKET LABOR PRODUCTIVITY LABOR SUPPLY LABORERS LACK OF CAPITAL LAN LEARNING LICENSES LIMITED ACCESS LIMITED ACCESS TO FINANCE MANPOWER MANUFACTURING MANUFACTURING INDUSTRY MARKET DEMANDS MARKET ECONOMIES MARKET ECONOMY MARKET PRICES MARKETING MATERIAL MII MOTIVATION MULTIPLE ACCESS NATURAL RESOURCES NETWORKS NEW MARKETS NONPROFIT ORGANIZATIONS OCCUPATIONS OVERHEAD COSTS PHOTO PRIVATE ENTERPRISES PRIVATE EQUITY PRIVATE SECTOR PRIVATIZATION PROCUREMENT PRODUCT CATEGORY PRODUCT DESIGNS PRODUCTION CAPACITY PRODUCTIVITY PRODUCTIVITY GROWTH PROFIT MOTIVE PROFITABILITY PROGRAMS QUERIES R&D RESULT RESULTS SALES REVENUE SCIENCE & TECHNOLOGY SCIENTISTS SELF-FINANCING SEMICONDUCTOR SEMICONDUCTOR INDUSTRY SITES SMALL ENTERPRISES SOCIAL DEVELOPMENT SOCIAL SCIENCES SOCIAL SECURITY STANDARDIZATION SUPERVISION SUPPLIERS TAX INCENTIVES TECHNICAL TRAINING TECHNOLOGICAL ADVANCES TECHNOLOGICAL DEVELOPMENT TECHNOLOGICAL INNOVATION TECHNOLOGICAL INNOVATIONS TECHNOLOGY DEVELOPMENT TECHNOLOGY INNOVATION TECHNOLOGY LICENSES TECHNOLOGY TRANSFER TELECOM TELECOMMUNICATION TELECOMMUNICATIONS TELEPHONE TELEVISION TRADITIONAL TECHNOLOGY TRANSMISSION UNDERDEVELOPMENT UNION UTILITY MODELS VENTURE CAPITAL VILLAGE VOUCHER WAGES WIRELESS |
spellingShingle |
3G ACCOUNTING ACTION PLAN ADOPTION OF TECHNOLOGIES ADVANCED TECHNOLOGIES ADVANCED TECHNOLOGY ASSEMBLERS AUTOMOBILE AUTOMOTIVE BARRIERS TO ENTRY BASIC BEST PRACTICE BIOTECHNOLOGY BUSINESS ACTIVITIES BUSINESS DECISIONS BUSINESS DEVELOPMENT BUSINESS ENTERPRISES BUSINESS OWNERS BUSINESS SECTOR BUSINESS SERVICES BUSINESS STRATEGY BUSINESSES CAD CAPABILITIES CAPABILITY CAPACITY BUILDING CAPITAL INVESTMENT CITIES COLLABORATION COLLECTIVE ACTION COMMERCE COMMODITIES COMPETITIVENESS COMPONENTS COMPUTER TECHNOLOGY COMPUTERS CONFIDENTIALITY CONSUMER ELECTRONICS CONSUMER MARKETS CONTRACT LAW COPYING COPYRIGHT DECISION-MAKING DEDUCTIBLE DEVELOPMENT CENTER DEVELOPMENT CENTERS DEVELOPMENT INSTITUTIONS DEVELOPMENT OF INNOVATION DISPLACEMENT ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC SECTORS ECONOMIC SUCCESS EDUCATIONAL ATTAINMENT ELECTRIC APPLIANCES ELECTRICAL MACHINERY ELECTRONICS INDUSTRY EMPLOYEE ENGINEERS ENTRY BARRIERS ENVIRONMENTAL PROTECTION EQUIPMENT EXCHANGE RATE EXPENDITURE EXPENDITURES EXTERNAL MARKET FAIR COMPETITION FELLOWSHIP FINANCIAL SUPPORT FINANCIAL SYSTEM FOREIGN DIRECT INVESTMENT FOREIGN FIRMS FOREIGN INVESTMENTS FREE MARKET ECONOMY FULL EMPLOYMENT GLOBAL COMPETITIVENESS GLOBAL MARKET GOVERNMENT INTERVENTION GROWTH STRATEGIES GROWTH STRATEGY HUMAN RESOURCES HUMAN RESOURCES MANAGEMENT INCOME INDUSTRIAL ENTERPRISES INDUSTRIAL TECHNOLOGY INDUSTRY ASSOCIATION INFORMATION INDUSTRY INFORMATION TECHNOLOGY INITIAL PUBLIC OFFERING INNOVATION INNOVATION POLICY INPUT PRICES INSTITUTION INSTITUTIONAL INVESTORS INSURANCE INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY RIGHTS INTERNATIONAL BANK INTERNATIONAL COMPETITION INTERNATIONAL STANDARD INTERNATIONAL STANDARDS INVENTION INVESTMENT DECISIONS JOB CREATION JOINT VENTURES LABOR FORCE LABOR MARKET LABOR PRODUCTIVITY LABOR SUPPLY LABORERS LACK OF CAPITAL LAN LEARNING LICENSES LIMITED ACCESS LIMITED ACCESS TO FINANCE MANPOWER MANUFACTURING MANUFACTURING INDUSTRY MARKET DEMANDS MARKET ECONOMIES MARKET ECONOMY MARKET PRICES MARKETING MATERIAL MII MOTIVATION MULTIPLE ACCESS NATURAL RESOURCES NETWORKS NEW MARKETS NONPROFIT ORGANIZATIONS OCCUPATIONS OVERHEAD COSTS PHOTO PRIVATE ENTERPRISES PRIVATE EQUITY PRIVATE SECTOR PRIVATIZATION PROCUREMENT PRODUCT CATEGORY PRODUCT DESIGNS PRODUCTION CAPACITY PRODUCTIVITY PRODUCTIVITY GROWTH PROFIT MOTIVE PROFITABILITY PROGRAMS QUERIES R&D RESULT RESULTS SALES REVENUE SCIENCE & TECHNOLOGY SCIENTISTS SELF-FINANCING SEMICONDUCTOR SEMICONDUCTOR INDUSTRY SITES SMALL ENTERPRISES SOCIAL DEVELOPMENT SOCIAL SCIENCES SOCIAL SECURITY STANDARDIZATION SUPERVISION SUPPLIERS TAX INCENTIVES TECHNICAL TRAINING TECHNOLOGICAL ADVANCES TECHNOLOGICAL DEVELOPMENT TECHNOLOGICAL INNOVATION TECHNOLOGICAL INNOVATIONS TECHNOLOGY DEVELOPMENT TECHNOLOGY INNOVATION TECHNOLOGY LICENSES TECHNOLOGY TRANSFER TELECOM TELECOMMUNICATION TELECOMMUNICATIONS TELEPHONE TELEVISION TRADITIONAL TECHNOLOGY TRANSMISSION UNDERDEVELOPMENT UNION UTILITY MODELS VENTURE CAPITAL VILLAGE VOUCHER WAGES WIRELESS Zhang, Chunlin Zeng, Douglas Zhihua Mako, William Peter Seward, James Promoting Enterprise-led Innovation in China |
geographic_facet |
East Asia and Pacific East Asia Asia China |
relation |
Directions in Development ; countries and regions |
description |
China has made remarkable gains in
industrialization and development. Over the past three
decades, it has maintained gross domestic product (GDP)
growth of about 9 percent per year and lifted more than 400
million people out of poverty. Entering the 21st century,
China is determined to ensure the sustainability of its
economic and social development, to which the innovativeness
of business enterprises is critical. In 2006, the government
of China laid out a strategy of enterprise-led indigenous
innovation. In implementing this strategy, Chinese
enterprises must cope with two severe challenges arising
from the current stage of development. First, they must
derive their competitiveness increasingly from
innovativeness. Second, while they are innovating, they must
also create jobs to keep the Chinese labor force employed.
The realization of China's vision to promote
enterprise-led innovation will entail concerted actions by
government, the corporate sector, and the financial sector.
What can the government do? The four basic recommendations
of this report are to pursue a balanced strategy, to create
the right incentives, to build the capacity of the private
sector, and to strengthen the ecosystem for the venture
capital (VC) industry. |
format |
Publications & Research :: Publication |
author |
Zhang, Chunlin Zeng, Douglas Zhihua Mako, William Peter Seward, James |
author_facet |
Zhang, Chunlin Zeng, Douglas Zhihua Mako, William Peter Seward, James |
author_sort |
Zhang, Chunlin |
title |
Promoting Enterprise-led Innovation
in China |
title_short |
Promoting Enterprise-led Innovation
in China |
title_full |
Promoting Enterprise-led Innovation
in China |
title_fullStr |
Promoting Enterprise-led Innovation
in China |
title_full_unstemmed |
Promoting Enterprise-led Innovation
in China |
title_sort |
promoting enterprise-led innovation
in china |
publisher |
World Bank |
publishDate |
2012 |
url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000334955_20090429035618 http://hdl.handle.net/10986/2619 |
_version_ |
1764385717060894720 |
spelling |
okr-10986-26192021-04-23T14:02:03Z Promoting Enterprise-led Innovation in China Zhang, Chunlin Zeng, Douglas Zhihua Mako, William Peter Seward, James 3G ACCOUNTING ACTION PLAN ADOPTION OF TECHNOLOGIES ADVANCED TECHNOLOGIES ADVANCED TECHNOLOGY ASSEMBLERS AUTOMOBILE AUTOMOTIVE BARRIERS TO ENTRY BASIC BEST PRACTICE BIOTECHNOLOGY BUSINESS ACTIVITIES BUSINESS DECISIONS BUSINESS DEVELOPMENT BUSINESS ENTERPRISES BUSINESS OWNERS BUSINESS SECTOR BUSINESS SERVICES BUSINESS STRATEGY BUSINESSES CAD CAPABILITIES CAPABILITY CAPACITY BUILDING CAPITAL INVESTMENT CITIES COLLABORATION COLLECTIVE ACTION COMMERCE COMMODITIES COMPETITIVENESS COMPONENTS COMPUTER TECHNOLOGY COMPUTERS CONFIDENTIALITY CONSUMER ELECTRONICS CONSUMER MARKETS CONTRACT LAW COPYING COPYRIGHT DECISION-MAKING DEDUCTIBLE DEVELOPMENT CENTER DEVELOPMENT CENTERS DEVELOPMENT INSTITUTIONS DEVELOPMENT OF INNOVATION DISPLACEMENT E-MAIL ECONOMIC ACTIVITY ECONOMIC DEVELOPMENT ECONOMIC EFFICIENCY ECONOMIC GROWTH ECONOMIC SECTORS ECONOMIC SUCCESS EDUCATIONAL ATTAINMENT ELECTRIC APPLIANCES ELECTRICAL MACHINERY ELECTRONICS INDUSTRY EMPLOYEE ENGINEERS ENTRY BARRIERS ENVIRONMENTAL PROTECTION EQUIPMENT EXCHANGE RATE EXPENDITURE EXPENDITURES EXTERNAL MARKET FAIR COMPETITION FELLOWSHIP FINANCIAL SUPPORT FINANCIAL SYSTEM FOREIGN DIRECT INVESTMENT FOREIGN FIRMS FOREIGN INVESTMENTS FREE MARKET ECONOMY FULL EMPLOYMENT GLOBAL COMPETITIVENESS GLOBAL MARKET GOVERNMENT INTERVENTION GROWTH STRATEGIES GROWTH STRATEGY HUMAN RESOURCES HUMAN RESOURCES MANAGEMENT INCOME INDUSTRIAL ENTERPRISES INDUSTRIAL TECHNOLOGY INDUSTRY ASSOCIATION INFORMATION INDUSTRY INFORMATION TECHNOLOGY INITIAL PUBLIC OFFERING INNOVATION INNOVATION POLICY INPUT PRICES INSTITUTION INSTITUTIONAL INVESTORS INSURANCE INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY RIGHTS INTERNATIONAL BANK INTERNATIONAL COMPETITION INTERNATIONAL STANDARD INTERNATIONAL STANDARDS INVENTION INVESTMENT DECISIONS JOB CREATION JOINT VENTURES LABOR FORCE LABOR MARKET LABOR PRODUCTIVITY LABOR SUPPLY LABORERS LACK OF CAPITAL LAN LEARNING LICENSES LIMITED ACCESS LIMITED ACCESS TO FINANCE MANPOWER MANUFACTURING MANUFACTURING INDUSTRY MARKET DEMANDS MARKET ECONOMIES MARKET ECONOMY MARKET PRICES MARKETING MATERIAL MII MOTIVATION MULTIPLE ACCESS NATURAL RESOURCES NETWORKS NEW MARKETS NONPROFIT ORGANIZATIONS OCCUPATIONS OVERHEAD COSTS PDF PHOTO PRIVATE ENTERPRISES PRIVATE EQUITY PRIVATE SECTOR PRIVATIZATION PROCUREMENT PRODUCT CATEGORY PRODUCT DESIGNS PRODUCTION CAPACITY PRODUCTIVITY PRODUCTIVITY GROWTH PROFIT MOTIVE PROFITABILITY PROGRAMS QUERIES R&D RESULT RESULTS SALES REVENUE SCIENCE & TECHNOLOGY SCIENTISTS SELF-FINANCING SEMICONDUCTOR SEMICONDUCTOR INDUSTRY SITES SMALL ENTERPRISES SOCIAL DEVELOPMENT SOCIAL SCIENCES SOCIAL SECURITY STANDARDIZATION SUPERVISION SUPPLIERS TAX INCENTIVES TECHNICAL TRAINING TECHNOLOGICAL ADVANCES TECHNOLOGICAL DEVELOPMENT TECHNOLOGICAL INNOVATION TECHNOLOGICAL INNOVATIONS TECHNOLOGY DEVELOPMENT TECHNOLOGY INNOVATION TECHNOLOGY LICENSES TECHNOLOGY TRANSFER TELECOM TELECOMMUNICATION TELECOMMUNICATIONS TELEPHONE TELEVISION TRADITIONAL TECHNOLOGY TRANSMISSION UNDERDEVELOPMENT UNION UTILITY MODELS VENTURE CAPITAL VILLAGE VOUCHER WAGES WIRELESS China has made remarkable gains in industrialization and development. Over the past three decades, it has maintained gross domestic product (GDP) growth of about 9 percent per year and lifted more than 400 million people out of poverty. Entering the 21st century, China is determined to ensure the sustainability of its economic and social development, to which the innovativeness of business enterprises is critical. In 2006, the government of China laid out a strategy of enterprise-led indigenous innovation. In implementing this strategy, Chinese enterprises must cope with two severe challenges arising from the current stage of development. First, they must derive their competitiveness increasingly from innovativeness. Second, while they are innovating, they must also create jobs to keep the Chinese labor force employed. The realization of China's vision to promote enterprise-led innovation will entail concerted actions by government, the corporate sector, and the financial sector. What can the government do? The four basic recommendations of this report are to pursue a balanced strategy, to create the right incentives, to build the capacity of the private sector, and to strengthen the ecosystem for the venture capital (VC) industry. 2012-03-19T10:03:11Z 2012-03-19T10:03:11Z 2009 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000334955_20090429035618 978-0-8213-7753-6 http://hdl.handle.net/10986/2619 English Directions in Development ; countries and regions CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank Publications & Research :: Publication Publications & Research :: Publication East Asia and Pacific East Asia Asia China |