The Dynamics of the Innovation Divide between China and Europe: National and Regional Dimensions

This book examines the innovation divide in the world economy and convergence in innovation performance between leaders and followers through the prism of Chinese experiences and from an EU perspective. It analyzes the factors of Chinese innovation success, such as science, technology, and innovation policy, increased R&D expenditures, human capital development, and the development of clusters and highly specialized industries. It also offers recommendations for future policy actions. The book takes into account a regional perspective, recognizing the importance of proximity in stimulating innovation processes.

Format: Hardback
Length: 166 pages
Publication date: 14 March 2022
Publisher: Taylor & Francis Ltd

This comprehensive book delves into the pressing issue of the innovation divide in the global economy, exploring the convergence in innovation performance between leaders and followers through the lens of Chinese experiences. From an EU perspective, it examines the shifting geography of world innovation, marked by the emergence of innovation hubs in developing countries and the relocation of manufacturing activity, particularly in high and medium-high technology industries, to emerging economies, notably China.

The book's research is driven by the observation of a significant shift in the global innovation landscape, characterized by the rise of innovation hubs in developing countries and the relocation of manufacturing activities to emerging economies, particularly China. It seeks to understand the factors that have contributed to China's remarkable success in innovation in recent decades, including its robust science, technology, and innovation policy, substantial investments in research and development (R&D), efforts to develop human capital, and the establishment of clusters and highly specialized industries.

Furthermore, the book addresses the challenges faced by developed European economies, which are at risk of losing their knowledge-related sources of competitive advantage. It explores the need for these economies to adapt and evolve to remain relevant in the global innovation landscape. The book offers valuable recommendations for future policy actions aimed at promoting innovation and fostering economic growth.

In addition to a cross-country comparison, the book takes a regional perspective, recognizing the importance of proximity in stimulating innovation processes. It highlights the strong geographical polarization of innovation activity observed in regions such as China, where clusters have emerged as key drivers of innovation.

The monograph is designed to serve as a valuable resource for academics and students across a wide range of disciplines, including innovation studies, economics, business, and policy. It will be particularly useful for researchers interested in understanding the dynamics of global innovation, practitioners operating in China, and policymakers engaged in designing and implementing policies that promote innovation and economic development.

Dimension: 234 x 156 (mm)
ISBN-13: 9781032057606