Catch Up And Radical Innovation In Chinese State Owned Enterprises

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Globalization, Innovation and Catch-Up in China

Author : X. Liu
Publisher : Edward Elgar Publishing
ISBN 13 : 9781781003817
Total Pages : 160 pages
Book Rating : 4.0/5 (38 download)

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Book Synopsis Globalization, Innovation and Catch-Up in China by : X. Liu

Download or read book Globalization, Innovation and Catch-Up in China written by X. Liu and published by Edward Elgar Publishing. This book was released on 2021-02-28 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This original book is a unique and original in-depth study on how, in the past decade, Chinese State-Owned Enterprises (SOEs) have achieved technological innovation in the large infrastructure sectors. It reveals a 'new world' of Chinese innovation, showing that SOEs are willing to innovate and are also more than capable of doing so. Based on findings from first-hand data and years of observations, this book shows how the innovation ecosystem perspective incentivises and facilitates Chinese SOEs' innovation and highlights the entrepreneurial role of the government. Using the examples of UHV Power Transmission, mobile telecommunication standards, high-speed trains, and nuclear electric power, the book exhibits the complex determinants of SOEs' success in radical technological innovations within the large infrastructure sector. Chapters also demonstrate the innovation process of SOEs, the unique innovation model of China, as well as its advantages and disadvantages. Catch-Up and Radical Innovation in Chinese State-Owned Enterprises will be a useful resource for academics in research disciplines such as development studies, innovation and entrepreneurship, and Chinese studies. It will also aid entrepreneurs, businesses and managers who intend to collaborate with Chinese SOEs, to better understand the trends of SOEs' engagement in radical innovation and the potential opportunities for broadening their international collaborations.

Catch-up and Radical Innovation in Chinese State-Owned Enterprises

Author : Xielin Liu
Publisher : Edward Elgar Publishing
ISBN 13 : 1781003823
Total Pages : 160 pages
Book Rating : 4.7/5 (81 download)

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Book Synopsis Catch-up and Radical Innovation in Chinese State-Owned Enterprises by : Xielin Liu

Download or read book Catch-up and Radical Innovation in Chinese State-Owned Enterprises written by Xielin Liu and published by Edward Elgar Publishing. This book was released on 2021-02-26 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: This original book is a unique and original study on how, in the past decade, Chinese state-owned enterprises (SOEs) have achieved technological innovation in the large infrastructure sector. It reveals a ‘new world’ of Chinese innovations, showing that SOEs are willing to innovate and more than capable of doing so. Based on findings from first-hand data and years of in-depth observations, this book shows how the innovation ecosystem perspective incentivizes and facilitates Chinese SOEs’ innovation and highlights entrepreneurial role of the government.

The Digital Innovation Race

Author : Cecilia Rikap
Publisher : Springer Nature
ISBN 13 : 3030894436
Total Pages : 207 pages
Book Rating : 4.0/5 (38 download)

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Book Synopsis The Digital Innovation Race by : Cecilia Rikap

Download or read book The Digital Innovation Race written by Cecilia Rikap and published by Springer Nature. This book was released on 2021-12-09 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops new theoretical perspectives on the economics and politics of innovation and knowledge in order to capture new trends in modern capitalism. It shows how giant corporations establish themselves as intellectual monopolies and how each of them builds and controls its own corporate innovation system. It presents an analysis of a new form of production where Google, Amazon, Facebook, Apple and Microsoft, and their counterparts in China, extract value and appropriate intellectual rents through privileged access to AI algorithms trained by data from organizations and individuals all around the world. These companies’ specific form of production and rent-seeking takes place at the global level and challenges national governments trying to regulate intellectual monopolies and attempting to build stronger national innovation systems. It is within this context that the authors provide new insights on the complex interplay between corporate and national innovation systems by looking at the US-China conflict, understood as a struggle for global technological supremacy. The book ends with alternative scenarios of global governance and advances policy recommendations as well as calls for social activism. This book will be of interest to students, academics and practitioners (both from national states and international organizations) and professionals working on innovation, digital capitalism and related topics.

State-owned Enterprise Reform in China

Author : Justin Yifu Lin
Publisher : Chinese University Press
ISBN 13 : 9789622019539
Total Pages : 228 pages
Book Rating : 4.0/5 (195 download)

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Book Synopsis State-owned Enterprise Reform in China by : Justin Yifu Lin

Download or read book State-owned Enterprise Reform in China written by Justin Yifu Lin and published by Chinese University Press. This book was released on 2001 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work is a continuation of the authors' earlier publication, "The China Miracle: Development Strategy and Economic Reform". The authors review the historical evolution of the state-owned enterprises, analyze the current problems, and suggest the direction for future reforms.

Demystifying China's Innovation Machine

Author : Marina Zhang
Publisher : Oxford University Press
ISBN 13 : 0198861176
Total Pages : 305 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis Demystifying China's Innovation Machine by : Marina Zhang

Download or read book Demystifying China's Innovation Machine written by Marina Zhang and published by Oxford University Press. This book was released on 2022-01-07 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's extraordinary economic development is explained in large part by the way it innovates. Contrary to widely held views, China's innovation machine is not created and controlled by an all-powerful government. Instead, it is a complex, interdependent system composed of various elements, involving bottom-up innovation driven by innovators and entrepreneurs and highly pragmatic and adaptive top-down policy. Using case studies of leading firms and industries, along with statistics and policy analysis, this book argues that China's innovation machine is similar to a natural ecosystem. Innovations in technology, organization, and business models resemble genetic mutations which are initially random, self-serving, and isolated, but the best fitting are selected by the market and their impacts are amplified by the innovation machine. This machine draws on China's multitude manufacturers, supply chains, innovation clusters, and digitally literate population, connected through super-sized digital platforms. China's innovation suffers from a lack of basic research and reliance upon certain critical technologies from overseas, yet its scale (size) and scope (diversity) possess attributes that make it self-correcting and stronger in the face of challenges. China's innovation machine is most effective in a policy environment where the market prevails; policy intervention plays a significant role when market mechanisms are premature or fail. The future success of China's innovation will depend on continuing policy pragmatism, mass innovation, and entrepreneurship, and the development of the 'new infrastructures'.

The Governance Structures of Chinese Firms

Author : Chun Liao
Publisher : Springer Science & Business Media
ISBN 13 : 1441900365
Total Pages : 222 pages
Book Rating : 4.4/5 (419 download)

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Book Synopsis The Governance Structures of Chinese Firms by : Chun Liao

Download or read book The Governance Structures of Chinese Firms written by Chun Liao and published by Springer Science & Business Media. This book was released on 2009-08-02 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s extraordinary economic growth is inspiring research from a wide spectrum of fields to explain the phenomenon: What are the primary drivers of China’s economic growth? Can it be sustained? Can the Chinese business model be emulated by other countries? What long-term effects will China’s economic growth have on the global economy? In this volume, Chun Liao explores these issues in the context of firms’ governance structures, arguing that China’s dual business system of state-owned enterprises and private enterprises is uniquely suited to the challenges of economic development in the twenty-first century. On the one hand, China’s state-owned enterprises are characterized by state coordination, bank financing, insulation from the stock market fluctuations, and incremental productivity-enhancing innovations, which are similar to the firms in the business systems of coordinated market economies (like Germany and Japan). On the other hand, China’s private enterprises are characterized by private (often family) ownership, hard budget constraints, profit maximization, and more risky radical innovation, which are similar to the firms in the business systems of liberal market economies (like the US and the UK). Based on the state controlling shareholding in the state sector, the boundary between the state sector business system and private sector business system is clear. This dual type system is contrasted with those in liberal market economies and those in coordinated market economies, where only one type system dominates. Drawing from empirical data and industry analysis over the past 15 years, Liao provides unparalleled access to the dynamics of the Chinese economy, including ownership structure, management design, labor-management relations, business infrastructure, capitalization (including role of banks and financial institutions, private investment, and FDI) in both the public and private sectors. In the process, she analyzes both opportunities and challenges that result from China’s dual business system, particularly in regard to innovation, core competitiveness, and sustainable growth in both state strategic technology-based industries and private high technology industries . The result is an approach that sheds new light on China’s economic performance and its rise as a player on the international stage.

China's Quest for Innovation

Author : Shuanping Dai
Publisher : Routledge
ISBN 13 : 1351019724
Total Pages : 295 pages
Book Rating : 4.3/5 (51 download)

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Book Synopsis China's Quest for Innovation by : Shuanping Dai

Download or read book China's Quest for Innovation written by Shuanping Dai and published by Routledge. This book was released on 2019-11-06 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: The transition from a catching-up style economy to an innovation-driven economy poses a major challenge for China. This book examines the major issues at stake, outlines developments in crucial business fields and industries, and discusses the roles of top-down politics and bottom-up entrepreneurship. It focuses in particular on the institutional foundations of innovation, arguing that successful innovation relies on the favourable interplay of business, politics, and society, and that comprehensive institutional and organizational changes will be required in China in order for innovation to succeed. Overall, the book assesses how far China will be able to depart from the Western paradigm of successful innovation regimes and create its own innovation system with Chinese characteristics.

The Source of Innovation in China

Author : Y. Zhang
Publisher : Springer
ISBN 13 : 1137335068
Total Pages : 253 pages
Book Rating : 4.1/5 (373 download)

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Book Synopsis The Source of Innovation in China by : Y. Zhang

Download or read book The Source of Innovation in China written by Y. Zhang and published by Springer. This book was released on 2015-05-14 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given the most popular understanding of Chinese comparative advantage is their low labour cost, The Source of Innovation in China argues the fundamental source for Chinese economic growth is its innovation. Based on case studies and surveys collected from 600 firms, this book describes competitive advantages of successful Chinese enterprises.

Exploring the Trust and Innovation Mechanisms in M&A of China's State Owned Enterprises with Mixed Ownership

Author : Yan Wang
Publisher :
ISBN 13 : 9789811644054
Total Pages : pages
Book Rating : 4.6/5 (44 download)

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Book Synopsis Exploring the Trust and Innovation Mechanisms in M&A of China's State Owned Enterprises with Mixed Ownership by : Yan Wang

Download or read book Exploring the Trust and Innovation Mechanisms in M&A of China's State Owned Enterprises with Mixed Ownership written by Yan Wang and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is dedicated to strategic management research relating to China's SOE. As China's economic system of the day is featured by mixed ownership, state-owned enterprises (SOEs), under the New Normal of economic backdrop, are devoted to exploring the reform of stock resources reorganization, one of which is through mergers and acquisitions (M&A). This book explores the key points and difficulties in the successful reform of Chinese enterprises with mixed ownership by focusing on trust and innovation and by widely covering normative research, index evaluation system, game theory and empirical research with case study. It is significant for evaluating the reform of SOE in China by integrating the informal institutional aspects into the formal one and understanding the leading role of SOE in China's economic development.

China’s State Enterprises

Author : Ran Li
Publisher : Springer
ISBN 13 : 981130176X
Total Pages : 216 pages
Book Rating : 4.8/5 (113 download)

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Book Synopsis China’s State Enterprises by : Ran Li

Download or read book China’s State Enterprises written by Ran Li and published by Springer. This book was released on 2018-06-27 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the nature and significance of China’s state enterprises which have undergone substantial changes since China’s economic liberalization in 1978. It argues that much of the criticism is based on mistaken premises, where even the term ‘state-owned enterprises’ is a misnomer given that the emphasis is much less on ownership than on control. Using numerous case studies, this book highlights the extent to which these enterprises have evolved in response to reforms, and provides an in-depth analysis of their role in China’s outward investment strategy in the “Belt and Road” initiative. This role speaks to their growing influence as China expands her global footprint.

China's Path to Innovation

Author : Xiaolan Fu
Publisher : Cambridge University Press
ISBN 13 : 1107046998
Total Pages : 453 pages
Book Rating : 4.1/5 (7 download)

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Book Synopsis China's Path to Innovation by : Xiaolan Fu

Download or read book China's Path to Innovation written by Xiaolan Fu and published by Cambridge University Press. This book was released on 2015-02-05 with total page 453 pages. Available in PDF, EPUB and Kindle. Book excerpt: A rigorous examination of the motivations, sources, obstacles to and consequences of China's drive to become a leading innovative nation.

China's State-owned Enterprises

Author : Hong Sheng
Publisher : World Scientific
ISBN 13 : 9814383848
Total Pages : 407 pages
Book Rating : 4.8/5 (143 download)

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Book Synopsis China's State-owned Enterprises by : Hong Sheng

Download or read book China's State-owned Enterprises written by Hong Sheng and published by World Scientific. This book was released on 2013 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Nature, the Performance, and the Reform of State-owned Enterprises provides a detailed description of state-owned enterprises (SOEs) in China with respect to both efficiency and income distribution. It shows that state ownership in the form of SOEs does not use resources efficiently and has a poor record in income distribution. Moreover, SOEs are found to enjoy unfair advantages in their competition with other firms. To illustrate the point, the book presents data revealing how favored policies, monopolistic powers, and subsidies benefit SOEs. These advantages are worth several trillion yuans a year. It is a sad irony that such wealth of the people is used to beef up the revenues of the SOEs, making their accounts look much better than they should be.This book, with its rich empirical data and information, is an authoritative reference for researchers interested in SOEs. It is also a good read for students of social sciences and the public to learn more about SOEs.

The Innovation Imperative Contributing to Productivity, Growth and Well-Being

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264239812
Total Pages : 268 pages
Book Rating : 4.2/5 (642 download)

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Book Synopsis The Innovation Imperative Contributing to Productivity, Growth and Well-Being by : OECD

Download or read book The Innovation Imperative Contributing to Productivity, Growth and Well-Being written by OECD and published by OECD Publishing. This book was released on 2015-10-14 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Well-timed and targeted innovation boosts productivity, increases economic growth and helps solve societal problems. But how can governments encourage more people to innovate more of the time? And how can government itself be more innovative? The OECD Innovation Strategy provides a set of ...

Energy and Innovation

Author : M. S. van Geenhuizen
Publisher : Purdue University Press
ISBN 13 : 1557535787
Total Pages : 429 pages
Book Rating : 4.5/5 (575 download)

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Book Synopsis Energy and Innovation by : M. S. van Geenhuizen

Download or read book Energy and Innovation written by M. S. van Geenhuizen and published by Purdue University Press. This book was released on 2010 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: These books offer the work of leading representatives of academic, business, and government sectors worldwide who discuss current and future issues of critical importance for using science and technology to foster regional economic development and shared prosperity at home and abroad. Multidisciplinary perspectives provide state-of-the-art and useful knowledge to decision makers in both the private and public sectors---including informed and effective education, business, and government policies and strategies for the global knowledge economy. --Book Jacket.

Exploring the Trust and Innovation Mechanisms in M&A of China’s State Owned Enterprises with Mixed Ownership

Author : Yan Wang
Publisher : Springer Nature
ISBN 13 : 9811644047
Total Pages : 353 pages
Book Rating : 4.8/5 (116 download)

DOWNLOAD NOW!

Book Synopsis Exploring the Trust and Innovation Mechanisms in M&A of China’s State Owned Enterprises with Mixed Ownership by : Yan Wang

Download or read book Exploring the Trust and Innovation Mechanisms in M&A of China’s State Owned Enterprises with Mixed Ownership written by Yan Wang and published by Springer Nature. This book was released on 2021-09-20 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is dedicated to strategic management research relating to China’s SOE. As China’s economic system of the day is featured by mixed ownership, state-owned enterprises (SOEs), under the New Normal of economic backdrop, are devoted to exploring the reform of stock resources reorganization, one of which is through mergers and acquisitions (M&A). This book explores the key points and difficulties in the successful reform of Chinese enterprises with mixed ownership by focusing on trust and innovation and by widely covering normative research, index evaluation system, game theory and empirical research with case study. It is significant for evaluating the reform of SOE in China by integrating the informal institutional aspects into the formal one and understanding the leading role of SOE in China’s economic development.

How State-owned Enterprises Drag on Economic Growth

Author : Ruiming Liu
Publisher : Springer
ISBN 13 : 366259188X
Total Pages : 142 pages
Book Rating : 4.6/5 (625 download)

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Book Synopsis How State-owned Enterprises Drag on Economic Growth by : Ruiming Liu

Download or read book How State-owned Enterprises Drag on Economic Growth written by Ruiming Liu and published by Springer. This book was released on 2019-04-24 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a series of studies, this book shows that ownership structure plays a major role in the national economy as a whole. Inefficient State Owned Enterprises (SOE's) damage the development of private enterprises and overall economic growth in various ways. The policy implications are very clear: in order to achieve healthy and fast economic development, there must be a radical reform of SOEs. Moreover, the aim of the SOE reform is not just to highlight the enterprises’ efficiency, but also create favorable conditions for financial deregulation, elimination of market segmentation, weakened market monopoly, and balanced regional economic development. The book argues that SOE reform is pivotal to stimulating general economic reform and development in order for China to achieve a smooth transition to a mature market economy.

Under New Ownership

Author : Shahid Yusuf
Publisher : Stanford Economics & Finance
ISBN 13 :
Total Pages : 304 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Under New Ownership by : Shahid Yusuf

Download or read book Under New Ownership written by Shahid Yusuf and published by Stanford Economics & Finance. This book was released on 2006 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although the relative size of the public sector has been much reduced worldwide since the early 1980s, it remains the dominant borrower from the banking system and responsible for the majority of the non-performing assets of banks. Drawing upon new firm-level survey data, this volume assesses how changes in the ownership structure of SOEs affect management, governance, innovation, and performance, comparing these SOEs to other types of firms in China. It also considers China's reform efforts against the experiences of other transition economies. The research reveals that the medium- and longer-term gains from privatization far outweigh costs of adjustment and that the precise mechanics of privatization have little effect on outcomes. The volume argues that privatization of large industrial SOEs and market-based consolidation of small- and medium-sized enterprises will be necessary to transform them into competitive and innovative world-class firms. Chapters include: China's Industrial System: Where is it, Where it Should be Headed, and Why; Reform in China, 1978-1997; The Accelerated Change in Enterprise Ownership, 1997-2003; Chinese Ownership Reform in the East European Mirror; Empirical Evidence on the Effect of SOE Reform in China; and Making Privatization Work.