| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w22854 |
| 来源ID | Working Paper 22854 |
| From \u201cMade in China\u201d to \u201cInnovated in China\u201d: Necessity, Prospect, and Challenges | |
| Shang-Jin Wei; Zhuan Xie; Xiaobo Zhang | |
| 发表日期 | 2016-11-28 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | After more than three decades of high growth that was based on an exploration of its low-wage advantage and a relatively favorable demographic pattern in combination with market-oriented reforms and openness to the world economy, China is at a crossroad with a much higher wage and a shrinking work force. Future growth by necessity would have to depend more on its ability to generate productivity increase, and domestic innovation will be an important part of it. In this paper, we assess the likelihood that China can make the necessary transition. Using data on expenditure on research and development, and patent applications, receipts, and citations, we show that the Chinese economy has become increasingly innovative. In terms of drivers of innovation growth, we find that embracing expanded market opportunities in the world economy and responding to rising labor costs are two leading contributing factors. On the other hand, we find evidence of resource misallocation in the innovation area: while state-owned firms receive more subsidies, private firms exhibit more innovation results. Innovation can presumably progress even faster if resource misallocation can be tackled. |
| 主题 | Development and Growth ; Development ; Innovation and R& ; D ; Growth and Productivity ; Country Studies |
| URL | https://www.nber.org/papers/w22854 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/580528 |
| 推荐引用方式 GB/T 7714 | Shang-Jin Wei,Zhuan Xie,Xiaobo Zhang. From \u201cMade in China\u201d to \u201cInnovated in China\u201d: Necessity, Prospect, and Challenges. 2016. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w22854.pdf（892KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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