The China Wave

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Author :
Publisher : World Scientific
ISBN 13 : 1938134001
Total Pages : 205 pages
Book Rating : 4.9/5 (381 download)

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Book Synopsis The China Wave by : Wei-Wei Zhang

Download or read book The China Wave written by Wei-Wei Zhang and published by World Scientific. This book was released on 2012 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Chinese best-seller is a geopolitical book for our times. It provides an original, comprehensive & engrossing study on the rise of China & its effective yet controversial model of development, & has become a centrepiece of an unfolding debate within China on the nature & future of the world's most populous nation & its possible global impact.

The China Wave

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Author :
Publisher : World Scientific
ISBN 13 : 1938134036
Total Pages : 208 pages
Book Rating : 4.9/5 (381 download)

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Book Synopsis The China Wave by : Weiwei Zhang

Download or read book The China Wave written by Weiwei Zhang and published by World Scientific. This book was released on 2012-03-21 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a best-seller in China and a geopolitical book for our times. As a leading thinker from China, Zhang Weiwei provides an original, comprehensive and engrossing study on the rise of China and its effective yet controversial model of development, and the book has become a centerpiece of an unfolding debate within China on the nature and future of the world's most populous nation and its possible global impact. China's rise, according to Zhang, is not the rise of an ordinary country, but the rise of a different type of country, a country sui generis, a civilizational state, a new model of development and a new political discourse which indeed questions many of the Western assumptions about democracy, good governance and human rights. The book is as analytical as it is provocative, and should be required reading for everyone concerned with the rise of China and its global implications. Contents:Not Misreading Oneself:A Fast-Changing WorldThe Unusual AscentSurpassing JapanThe GDP ParadoxTo the TopChina's 1+1 > 2:The “Quasi-Developed Countries” within ChinaThe Size of China's Middle ClassThe “Emerging Economies” within ChinaWhy China's 1 + 1 > 2?The Rise of a Civilizational State:China's Rocky Path towards a Nation-StateThe Rise of a Civilizational StateA New PerspectiveLooking at China AfreshThe Rise of a Development Model:Reflections after the CrisesThe China Model May Win OutShaping the Chinese StandardsThe Rise of a New Political Discourse:Political Reform, the Chinese WayDebating Human RightsThe Rise of a New Political DiscourseThe End of the End of History:The Western Model: from India to Eastern EuropeThe Western Model: East Asia and BeyondDebating with Fukuyama: The End of the End of History Readership: Researchers, policy-makers, general readers interested in the rise of China, its model of development and its global impact. Keywords:Civilizational State;Rise of China;Development Model;New Political Discourse;Global Impact;Nation State;National Structure;Democracy;Good Governance;Modern StateKey Features:It's a best-seller in China with more than half–million copies sold and is a centerpiece of unfolding debate within China on the nature and future of the countryIt provides an original, comprehensive and engrossing study of China's rise, its model of development and political discourseIts main arguments are widely shared by China's political elite today and perhaps tomorrowReviews:“One of the most popular books on sale in China at the moment is on the rise of a civilizational state, by Zhang Weiwei. Mr Zhang argues that China is unique as ‘the world's only amalgam of an ancient civilization and a huge modern state’, and is ‘increasingly returning to its own roots for inspiration, and producing its own norms and standards’.”The Economist: Nothing New under Heaven “As China feels its own economic and political strength in the world, it is natural that its own intellectuals should want to explain China's progress theoretically, first to themselves, then to the world. Prof. Zhang's book has been well regarded within China, making a major contribution to the internal debate on China's future. By translating his book into English, Prof. Zhang adds to the world's understanding of China's development and what this means for the world. China's astonishing re-emergence on the global stage has thrown into confusion traditional western-dominated theories of modernization, in Prof. Zhang's own words, putting ‘an end to the End of Civilization’.”George Yeo Former Foreign Minister of Singapore “The China Wave: Rise of a Civilizational State is the geopolitical book for our times. It frames the rise of China, which is the big story of the 21st Century, with a bold and novel theory that challenges conventional wisdom of national structure, democracy, and what constitutes good governance. At a time when American exceptionalism is on the wane, are we ready for Chinese exceptionalism on the rise? Zhang Weiwei, whose energetic vision resonates well among Chinese future leaders, makes a compelling case. His arguments and insights, as analytical and passionate as they are confrontational and controversial, should be required reading for everyone concerned about China. Ignore this book and you will not understand how China's leaders think.”Robert Lawrence Kuhn Author, How China's Leaders Think “The rise of China is the biggest story of our time and the best story-tellers of our time come from the West. This has led to a huge global paradox where the best story-tellers have failed to understand the biggest story of our time. This is why the world urgently needs good Chinese story-tellers to provide the Chinese perspective. Prof. Zhang has done the world a huge favor by coming out with this timely and interesting new perspective on the rise of China.”Kishore Mahbubani Dean, Lee Kuan Yew School of Public Policy, National University of Singapore Author, The New Asian Hemisphere: The Irresistible Shift of Power to the East One of the “Top 100 Global Thinkers” in 2010 and 2011 by Foreign Policy Magazine “Few scholars from the mainland are as urbane, connected and savvy as Zhang Weiwei … The book's central idea is that China is different from other nation states. There is some merit to this. Unlike the politically diffuse civilisations of Europe, the Middle East and the Indian subcontinent, China has managed to establish political unity over most of its territory.”South China Morning Post “Mr Xi [Jinping] is also said to have read The China Wave by Zhang Weiwei, a professor at Fudan University in Shanghai and the Geneva School of Public Diplomacy and International Relations. That book offers a vigorous summary of the 'China model' theory, which holds that China can successfully meld authoritarian government with a capitalist-style economy. (Section titles include 'The China Model May Win Out' and 'Political Reform, the Chinese Way'). It depicts China's rise as the rise of a civilization — something bigger than a nation.”Didi Kirsten Tatlow The New York Times: The Risks of Taking China's Helm “It provides analytical and original interpretations of the Chinese model of economic and political development. Thus, the interesting and easy way in which the book deals with the topic allows anyone interested in the subject to gain a wider and deeper understanding of the Chinese world and its possible global impact on future generations.”Recent Publications “It presents a wealth of solid knowledge and sharp insights on the evolution, patterns and practices of China's international outlook. Perhaps the greatest strength is the ability to draw historically grounded and unusually erudite analyses that will be welcomed by students, scholars and policymakers alike. It will benefit immensely those interested in the history, intellectual traditions and strategic culture of China's international interactions. Zhang's endeavours will also be invaluable for the purposes of teaching and theorizing the ongoing transformations in global life as a result of China's increasing centrality in the patterns and practices of world affairs.”Europe-Asia Studies

The China Wave

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Author :
Publisher :
ISBN 13 : 9781938134012
Total Pages : 190 pages
Book Rating : 4.1/5 (34 download)

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Book Synopsis The China Wave by : Wei-Wei Zhang

Download or read book The China Wave written by Wei-Wei Zhang and published by . This book was released on 2012 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a best-seller in China and a geopolitical book for our times. As a leading thinker from China, Zhang Weiwei provides an original, comprehensive and engrossing study on the rise of China and its effective yet controversial model of development, and the book has become a centerpiece of an unfolding debate within China on the nature and future of the world's most populous nation and its possible global impact. China's rise, according to Zhang, is not the rise of an ordinary country, but the rise of a different type of country, a country sui generis, a civilizational state, a new model of development and a new political discourse which indeed questions many of the Western assumptions about democracy, good governance and human rights. The book is as analytical as it is provocative, and should be required reading for everyone concerned with the rise of China and its global implications.

Ideology and Utopia in China's New Wave Cinema

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Author :
Publisher : Springer
ISBN 13 : 3319911406
Total Pages : 265 pages
Book Rating : 4.3/5 (199 download)

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Book Synopsis Ideology and Utopia in China's New Wave Cinema by : Xiaoping Wang

Download or read book Ideology and Utopia in China's New Wave Cinema written by Xiaoping Wang and published by Springer. This book was released on 2018-06-27 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ideology and Utopia in China’s New Wave Cinema investigates the ways in which New Wave filmmakers represent China in this age of neoliberal reform. Analyzing this paradigm shift in independent cinema, this text explores the historicity of the cinematic form and its cultural-political visions. Through a close reading of the narrative strategy of key films in New Wave Cinema, Xiaoping Wang studies the movement’s impact on film, literature, culture and politics.

China Tidal Wave

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Author :
Publisher : Global Oriental
ISBN 13 : 9004213228
Total Pages : 534 pages
Book Rating : 4.0/5 (42 download)

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Book Synopsis China Tidal Wave by : Lixiong Wang

Download or read book China Tidal Wave written by Lixiong Wang and published by Global Oriental. This book was released on 2008-04-17 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is great social tension in the aftermath of ‘Tiananmen Square’, uncertainty about political and economic policy and the constant burden of over-population. Serious flooding of the Yellow River adds more than a hundred million to the ‘floating population’ of destitute and semi-destitute peasant refugees. Disaster is imminent ...

The Political Regulation Wave

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Author :
Publisher : Cambridge University Press
ISBN 13 : 1009117351
Total Pages : 163 pages
Book Rating : 4.0/5 (91 download)

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Book Synopsis The Political Regulation Wave by : Shiran Victoria Shen

Download or read book The Political Regulation Wave written by Shiran Victoria Shen and published by Cambridge University Press. This book was released on 2022-03-31 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why has there been uneven success in reducing air pollution even in the same locality over time? This book offers an innovative theorization of how local political incentives can affect bureaucratic regulation. Using empirical evidence, it examines and compares the control of different air pollutants in China-an autocracy-and, to a lesser extent, Mexico-a democracy. Making use of new data, approaches, and techniques across political science, environmental sciences, and engineering, Shen reveals that local leaders and politicians are incentivized to cater to the policy preferences of their superiors or constituents, respectively, giving rise to varying levels of regulatory stringency during the leaders' tenures. Shen demonstrates that when ambiguity dilutes regulatory effectiveness, having the right incentives and enhanced monitoring is insufficient for successful policy implementation. Vividly explaining key phenomena through anecdotes and personal interviews, this book identifies new causes of air pollution and proposes timely solutions. This title is also available as Open Access on Cambridge Core.

Cybersecurity in China

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Publisher : Springer
ISBN 13 : 3319684361
Total Pages : 130 pages
Book Rating : 4.3/5 (196 download)

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Book Synopsis Cybersecurity in China by : Greg Austin

Download or read book Cybersecurity in China written by Greg Austin and published by Springer. This book was released on 2018-05-15 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers the first benchmarking study of China’s response to the problems of security in cyber space. There are several useful descriptive books on cyber security policy in China published between 2010 and 2016. As a result, we know quite well the system for managing cyber security in China, and the history of policy responses. What we don’t know so well, and where this book is useful, is how capable China has become in this domain relative to the rest of the world. This book is a health check, a report card, on China’s cyber security system in the face of escalating threats from criminal gangs and hostile states. The book also offers an assessment of the effectiveness of China’s efforts. It lays out the major gaps and shortcomings in China’s cyber security policy. It is the first book to base itself around an assessment of China’s cyber industrial complex, concluding that China does not yet have one. As Xi Jinping said in July 2016, the country’s core technologies are dominated by foreigners.

How China Escaped Shock Therapy

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Author :
Publisher : Routledge
ISBN 13 : 042995395X
Total Pages : 256 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis How China Escaped Shock Therapy by : Isabella M. Weber

Download or read book How China Escaped Shock Therapy written by Isabella M. Weber and published by Routledge. This book was released on 2021-05-26 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: China has become deeply integrated into the world economy. Yet, gradual marketization has facilitated the country’s rise without leading to its wholesale assimilation to global neoliberalism. This book uncovers the fierce contest about economic reforms that shaped China’s path. In the first post-Mao decade, China’s reformers were sharply divided. They agreed that China had to reform its economic system and move toward more marketization—but struggled over how to go about it. Should China destroy the core of the socialist system through shock therapy, or should it use the institutions of the planned economy as market creators? With hindsight, the historical record proves the high stakes behind the question: China embarked on an economic expansion commonly described as unprecedented in scope and pace, whereas Russia’s economy collapsed under shock therapy. Based on extensive research, including interviews with key Chinese and international participants and World Bank officials as well as insights gleaned from unpublished documents, the book charts the debate that ultimately enabled China to follow a path to gradual reindustrialization. Beyond shedding light on the crossroads of the 1980s, it reveals the intellectual foundations of state-market relations in reform-era China through a longue durée lens. Overall, the book delivers an original perspective on China’s economic model and its continuing contestations from within and from without.

The Question of Women in Chinese Feminism

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Publisher : Duke University Press
ISBN 13 : 9780822332701
Total Pages : 502 pages
Book Rating : 4.3/5 (327 download)

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Book Synopsis The Question of Women in Chinese Feminism by : Tani Barlow

Download or read book The Question of Women in Chinese Feminism written by Tani Barlow and published by Duke University Press. This book was released on 2004-03-25 with total page 502 pages. Available in PDF, EPUB and Kindle. Book excerpt: DIVBarlow documents the history of “woman” as a category in twentieth century Chinese history, tracing the question of gender through various phases in the literary career of Ding Ling, a major modern Chinese writer./div

The Coming Collapse of China

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Publisher : Random House
ISBN 13 : 1588360210
Total Pages : 368 pages
Book Rating : 4.5/5 (883 download)

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Book Synopsis The Coming Collapse of China by : Gordon G. Chang

Download or read book The Coming Collapse of China written by Gordon G. Chang and published by Random House. This book was released on 2001-09-15 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: China is hot. The world sees a glorious future for this sleeping giant, three times larger than the United States, predicting it will blossom into the world's biggest economy by 2010. According to Chang, however, a Chinese-American lawyer and China specialist, the People's Republic is a paper dragon. Peer beneath the veneer of modernization since Mao's death, and the symptoms of decay are everywhere: Deflation grips the economy, state-owned enterprises are failing, banks are hopelessly insolvent, foreign investment continues to decline, and Communist party corruption eats away at the fabric of society. Beijing's cautious reforms have left the country stuck midway between communism and capitalism, Chang writes. With its impending World Trade Organization membership, for the first time China will be forced to open itself to foreign competition, which will shake the country to its foundations. Economic failure will be followed by government collapse. Covering subjects from party politics to the Falun Gong to the government's insupportable position on Taiwan, Chang presents a thorough and very chilling overview of China's present and not-so-distant future.

The Long Game

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Publisher : Oxford University Press
ISBN 13 : 0197527876
Total Pages : 433 pages
Book Rating : 4.1/5 (975 download)

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Book Synopsis The Long Game by : Rush Doshi

Download or read book The Long Game written by Rush Doshi and published by Oxford University Press. This book was released on 2021-06-11 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: For more than a century, no US adversary or coalition of adversaries - not Nazi Germany, Imperial Japan, or the Soviet Union - has ever reached sixty percent of US GDP. China is the sole exception, and it is fast emerging into a global superpower that could rival, if not eclipse, the United States. What does China want, does it have a grand strategy to achieve it, and what should the United States do about it? In The Long Game, Rush Doshi draws from a rich base of Chinese primary sources, including decades worth of party documents, leaked materials, memoirs by party leaders, and a careful analysis of China's conduct to provide a history of China's grand strategy since the end of the Cold War. Taking readers behind the Party's closed doors, he uncovers Beijing's long, methodical game to displace America from its hegemonic position in both the East Asia regional and global orders through three sequential "strategies of displacement." Beginning in the 1980s, China focused for two decades on "hiding capabilities and biding time." After the 2008 Global Financial Crisis, it became more assertive regionally, following a policy of "actively accomplishing something." Finally, in the aftermath populist elections of 2016, China shifted to an even more aggressive strategy for undermining US hegemony, adopting the phrase "great changes unseen in century." After charting how China's long game has evolved, Doshi offers a comprehensive yet asymmetric plan for an effective US response. Ironically, his proposed approach takes a page from Beijing's own strategic playbook to undermine China's ambitions and strengthen American order without competing dollar-for-dollar, ship-for-ship, or loan-for-loan.

Securing the Belt and Road Initiative

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Publisher : Springer
ISBN 13 : 9811071160
Total Pages : 308 pages
Book Rating : 4.8/5 (11 download)

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Book Synopsis Securing the Belt and Road Initiative by : Alessandro Arduino

Download or read book Securing the Belt and Road Initiative written by Alessandro Arduino and published by Springer. This book was released on 2018-02-01 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection explores the expansion of Chinese outbound investments, aimed to sustain the increased need for natural resources, and how they have amplified the magnitude of a possible international crisis that the People’s Republic of China may face in the near future by bringing together the views of a wide range of scholars. President Xi’s Belt and Road initiative (BRI), aimed to promote economic development and exchanges with China for over 60 countries, necessitates a wide range of security procedures. While the threats to Chinese enterprises and Chinese workers based on foreign soil are poised to increase, there is an urgent need to develop new guidelines for risk assessment, special insurance and crisis management. While the Chinese State Owned Enterprises are expanding their international reach capabilities, they still do not have the capacity to assure adequate security. In such a climate, this collection will be of profound value to policy makers, those working in the financial sector, and academics.

Wealth and Power

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Publisher :
ISBN 13 : 0679643478
Total Pages : 497 pages
Book Rating : 4.6/5 (796 download)

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Book Synopsis Wealth and Power by : Orville Schell

Download or read book Wealth and Power written by Orville Schell and published by . This book was released on 2013 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two leading experts on China evaluate its rise throughout the past one hundred fifty years, sharing portraits of key intellectual and political leaders to explain how China transformed from a country under foreign assault to a world giant.

China's Second Continent

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Publisher : Vintage
ISBN 13 : 0307946657
Total Pages : 306 pages
Book Rating : 4.3/5 (79 download)

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Book Synopsis China's Second Continent by : Howard W. French

Download or read book China's Second Continent written by Howard W. French and published by Vintage. This book was released on 2015-02-03 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: A New York Times Notable Book Chinese immigrants of the recent past and unfolding twenty-first century are in search of the African dream. So explains indefatigable traveler Howard W. French, prize-winning investigative journalist and former New York Times bureau chief in Africa and China, in the definitive account of this seismic geopolitical development. China’s burgeoning presence in Africa is already shaping, and reshaping, the future of millions of people. From Liberia to Senegal to Mozambique, in creaky trucks and by back roads, French introduces us to the characters who make up China’s dogged emigrant population: entrepreneurs singlehandedly reshaping African infrastructure, and less-lucky migrants barely scraping by but still convinced of Africa’s opportunities. French’s acute observations offer illuminating insight into the most pressing unknowns of modern Sino-African relations: Why China is making these cultural and economic incursions into the continent; what Africa’s role is in this equation; and what the ramifications for both parties and their people—and the watching world—will be in the foreseeable future. One of the Best Books of the Year at • The Economist • The Guardian • Foreign Affairs

Invisible China

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Publisher : University of Chicago Press
ISBN 13 : 022674051X
Total Pages : 242 pages
Book Rating : 4.2/5 (267 download)

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Book Synopsis Invisible China by : Scott Rozelle

Download or read book Invisible China written by Scott Rozelle and published by University of Chicago Press. This book was released on 2020-09-29 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study of how China’s changing economy may leave its rural communities in the dust and launch a political and economic disaster. As the glittering skyline in Shanghai seemingly attests, China has quickly transformed itself from a place of stark poverty into a modern, urban, technologically savvy economic powerhouse. But as Scott Rozelle and Natalie Hell show in Invisible China, the truth is much more complicated and might be a serious cause for concern. China’s growth has relied heavily on unskilled labor. Most of the workers who have fueled the country’s rise come from rural villages and have never been to high school. While this national growth strategy has been effective for three decades, the unskilled wage rate is finally rising, inducing companies inside China to automate at an unprecedented rate and triggering an exodus of companies seeking cheaper labor in other countries. Ten years ago, almost every product for sale in an American Walmart was made in China. Today, that is no longer the case. With the changing demand for labor, China seems to have no good back-up plan. For all of its investment in physical infrastructure, for decades China failed to invest enough in its people. Recent progress may come too late. Drawing on extensive surveys on the ground in China, Rozelle and Hell reveal that while China may be the second-largest economy in the world, its labor force has one of the lowest levels of education of any comparable country. Over half of China’s population—as well as a vast majority of its children—are from rural areas. Their low levels of basic education may leave many unable to find work in the formal workplace as China’s economy changes and manufacturing jobs move elsewhere. In Invisible China, Rozelle and Hell speak not only to an urgent humanitarian concern but also a potential economic crisis that could upend economies and foreign relations around the globe. If too many are left structurally unemployable, the implications both inside and outside of China could be serious. Understanding the situation in China today is essential if we are to avoid a potential crisis of international proportions. This book is an urgent and timely call to action that should be read by economists, policymakers, the business community, and general readers alike. Praise for Invisible China “Stunningly researched.” —TheEconomist, Best Books of the Year (UK) “Invisible China sounds a wake-up call.” —The Strategist “Not to be missed.” —Times Literary Supplement (UK) “[Invisible China] provides an extensive coverage of problems for China in the sphere of human capital development . . . the book is rich in content and is not constrained only to China, but provides important parallels with past and present developments in other countries.” —Journal of Chinese Political Science

The Administrative Foundations of the Chinese Fiscal State

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Author :
Publisher : Cambridge University Press
ISBN 13 : 1108865054
Total Pages : 303 pages
Book Rating : 4.1/5 (88 download)

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Book Synopsis The Administrative Foundations of the Chinese Fiscal State by : Wei Cui

Download or read book The Administrative Foundations of the Chinese Fiscal State written by Wei Cui and published by Cambridge University Press. This book was released on 2022-03-31 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: On subjects ranging from trade to democratization, there has lately been a wave of laments about China's development belying Western expectations. Yet these disappointments often come with misunderstandings of the very institutions that China was expected to adopt. Chinese taxation offers a sharp illustration. When China introduced a tax system suited for the market economy, it fully intended tax collection to rely on self-assessment, audits, and the rule of law. But this Western approach was quickly jettisoned in favour of one that emphasized monitoring of taxpayers and ex ante interventions, at the expense of deterrence and truthful reporting norms. The Chinese approach surprisingly matches recommendations made by recent economic scholarship on tax compliance and state capacity. China's massive but little-known explorations in taxation highlight the distinct types of modern state capacity, and raise challenging questions about the future of taxation and the superiority of institutions based on rule of law.

China's Next Strategic Advantage

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Author :
Publisher : MIT Press
ISBN 13 : 0262534754
Total Pages : 303 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis China's Next Strategic Advantage by : George S. Yip

Download or read book China's Next Strategic Advantage written by George S. Yip and published by MIT Press. This book was released on 2017-09-15 with total page 303 pages. Available in PDF, EPUB and Kindle. Book excerpt: A book for everyone who does business with China or in China. The history-making development of the Chinese economy has entered a new phase. China is moving aggressively from a strategy of imitation to one of innovation. Driven both by domestic needs and by global ambition, China is establishing itself at the forefront of technological innovation. Western businesses need to prepare for a tidal wave of innovation from China that is about to hit Western markets, and Chinese businesses need to understand the critical importance of innovation in their future. Experts George Yip and Bruce McKern explain this epic transformation and propose strategies for both Western and Chinese companies. This book is for everyone who does business with China or in China, or is interested in the development of the world's fastest-growing economy. Western CEOs can learn from Chinese companies and can create an effective innovation process in China, for China and the world. Chinese CEOs can benefit from understanding the strategies of their peers as they strive to enter foreign markets. And all Western businesses should prepare for disruption from their new competitors. Yip and McKern provide case studies of successful firms, outline ten ways in which the managerial and innovative capabilities of these firms differ from those of Western firms, and describe how multinationals doing business in China can become part of the Chinese ecosystem of new knowledge and technology. Yip and McKern argue that these innovation capabilities will be the basis for creating world-class products and services to meet the challenges of a new era of global competition.