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: Paperback / softback
Length: 166 pages
Publication date: 25 September 2023
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. It offers a European Union (EU) perspective on this topic, drawing upon extensive research conducted to understand the changing geography of world innovation. The rationale behind this research lies in the observation of a significant shift in the global landscape, characterized by the emergence of innovation hubs in developing countries, including China, and the relocation of manufacturing activity, encompassing high and medium-high technology industries, to these emerging economies.

The book comprehensively analyzes the factors contributing to China's remarkable success in innovation over the past several decades. It examines Chinas science, technology, and innovation policy, highlighting the significant increase in R&D expenditures, the cultivation of human capital, and the development of clusters and highly specialized industries. It also sheds light on the challenges faced by developed European economies, which are at risk of losing their knowledge-related sources of competitive advantage. Furthermore, the book provides 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 specific regions, particularly in China, where clusters have emerged as powerful drivers of innovation. This regional dimension adds depth and richness to the analysis, providing valuable insights into the dynamics of innovation in different parts of the world.

The monograph is designed to serve as a valuable resource for academics and students across a wide range of disciplines. It offers a comprehensive and up-to-date examination of the issues surrounding the innovation divide and convergence, providing insights that will be of particular interest to researchers in the field of innovation, practitioners conducting business in China, and policymakers engaged in designing and implementing policies at international, national, and regional levels.

Weight: 453g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032057620