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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Bibliographic Details
Main Authors: Zhang, Chunlin, Zeng, Douglas Zhihua, Mako, William Peter, Seward, James
Format: Publication
Language:English
Published: World Bank 2012
Subjects:
3G
CAD
LAN
MII
PDF
R&D
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
id okr-10986-2619
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language 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
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
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
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
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