IDEAS home Printed from https://ideas.repec.org/a/ers/journl/vxxiy2018i3p506-515.html
   My bibliography  Save this article

Innovation and Entrepreneurship in China

Author

Listed:
  • M.S. Reshetnikova

Abstract

China has recently started a rapid transition to a new economic development phase which is based on high-tech production and national breakthrough technologies. The reason for this transformation of the innovation strategy lies in scaling innovative system by involving small and medium-sized enterprises (SME). The Government addresses business angels and private venture capital funds to finance SMEs. The aim of the study is to identify and assess changes in the innovative entrepreneurial sector of China's economy, and also analyze the impact of these changes on the dynamics of innovative entrepreneurship activity in the country. The methodical basis of the article were the dialectical and systematic approaches to the study of economic processes, based on the use of methods of comparison and classification. The analysis showed that in total, by 2016, the Chinese Government makes all-out effort to stimulate mass innovation entrepreneurship. The result of such significant support was not only large-scale inclusion of small and medium-sized businesses in R&D activities, but also the development of new innovative structures that led to certain changes in the landscape of China's NIS. The research helped to expose both the existing problems of regional innovation inequality and general trends in innovative entrepreneurship in China.

Suggested Citation

  • M.S. Reshetnikova, 2018. "Innovation and Entrepreneurship in China," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 506-515.
  • Handle: RePEc:ers:journl:v:xxi:y:2018:i:3:p:506-515
    as

    Download full text from publisher

    File URL: https://www.ersj.eu/dmdocuments/2018_XXI_3_41.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. A.I. Bashmakov & V.V. Popov & D.N. Zhedyaevskii & D.N. Chikichev & E.A. Voyakin, 2015. "Generic Heurorithm of Innovation Management from Generating Ideas to Commercialization," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 47-56.
    2. Pavla Breckova, 2016. "Family Business in the Czech Republic," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 3-16.
    3. Kamil Ramisovich Bibarsov & Galina Ivanovna Khokholova & Dilara Ramisovna Okladnikova, 2017. "Conceptual Basics and Mechanism of Innovation Project Management," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 224-235.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Beverlley Madzikanda & Cai Li & Francis Tang Dabuo, 2021. "What Determines the Geography of Entrepreneurship? A Comparative Study Between Sub-Saharan Africa and South-East Asia," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 7(2), pages 246-262, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. M.S. Reshetnikova, 2018. "Innovation and Entrepreneurship in China," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 506-515.
    2. I.L. Vorotnikov & M.V. Muravyova & K.A. Petrov, 2018. "Theoretical Basis of Import Substitution in the Agro-Industrial Complex," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 751-759.
    3. Yulia Igorevna Prytkova, 2017. "Foreign Experience of Regulation of Migration Processes by the Example of the Migration Policy of Canada," European Research Studies Journal, European Research Studies Journal, vol. 0(3A), pages 134-142.
    4. Mikhail Yakovlevich Veselovsky & Pavel Pavlovich Pilipenko & Vladimir Gavrilovich Savenko & Anna Gennadyevna Glebova & Lyudmila Aleksandrovna Shmeleva, 2017. "The Organization of the Innovation Transfer in the Agro-industrial Complex of Russia," European Research Studies Journal, European Research Studies Journal, vol. 0(3A), pages 484-499.
    5. Olga Yuryevna Vorozhbit & Yelena Vladimirovna Levkina, 2017. "Improving Scoring System of Performance Indicators of Industrial Systems at the Meso-Level," European Research Studies Journal, European Research Studies Journal, vol. 0(4A), pages 596-603.
    6. Fajar Gustiawaty Dewi & Abdul Halim & Slamet Sugiri & Ertambang Nahartyo, 2017. "Performance Measurement Information, Job Rotation, Role Stress, and Performance: An Investigation οf Local Government," European Research Studies Journal, European Research Studies Journal, vol. 0(4B), pages 557-577.
    7. Olga Viktorovna Zabelina & Farida Islamudinovna Mirzabalaeva & Larisa Viktorovna Sankova & Gulnara Vahitovna Yakshibaeva, 2017. "Labor Potential of the Rural Territories - State and Development," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 261-282.
    8. Kamil Ramisovich Bibarsov & Galina Ivanovna Khokholova & Dilara Ramisovna Okladnikova, 2017. "Conceptual Basics and Mechanism of Innovation Project Management," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 224-235.
    9. Mayya Valerianovna Dubovik & Venera Maratovna Timiryanova & Alexander Fedorovich Zimin, 2017. "Modeling of the Deferred Demand on the Market of Household Appliances," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 149-161.
    10. I.L. Vorotnikov & M.V. Muravyova & K.A. Petrov, 2018. "Theoretical Basis of Import Substitution in the Agro-Industrial Complex," European Research Studies Journal, European Research Studies Journal, vol. 0(3), pages 751-759.
    11. Kamil R. Bibarsov & Natalia V. Kretova & Elena Yu. Popova, 2017. "Improvement of Innovative Forms as a Tool for Effective Development of Small Business," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 98-110.
    12. Tatyana A. Skvortsova & Yuriy A. Kolesnikov & Tatyana A. Mosienko & Nikolay G. Romanenko, 2017. "The Formation of Authorized Capital in Economic Organizations," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 369-378.
    13. N.V. Gryzunova & J.S. Tsertseil & V.V. Kookueva & Dg.S. Zaharova, 2018. "Monetary Policy and Clustering for Achieving Competitiveness in National Bussiness," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 480-490.
    14. Yu.P. Maidanevych & T.S. Romanishina & L.E. Rysakova & N.G. Bondarenko & O.V. Mihailuk, 2018. "Investment Instruments to Stimulate Depressed Regions’ Development," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 476-488.
    15. Y.G. Chernysheva & G.I. Shepelenko & I.V. Gashenko & I.V. Orobinskaya, 2017. "Business Analysis as an Important Component of Ensuring Enterprise's Economic Security," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 250-259.
    16. E. Nakhratova & I. Ilina & O. Urzha & E. Kryukova & E. Potekhina, 2018. "Minimum Living Wage as a Basic Aspect for Managing the Population`s Life Quality in Russia," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 601-610.
    17. A.A. Chursin & V.V. Strenalyuk, 2018. "Synergy Effect in Innovative Activities and its Accounting in the Technological Competencies of an Enterprise," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 151-161.
    18. Zoya Sh. Babaeva & Ramazan B. Shahbanov & Sabina R. Shahbanova & Burliyat N. Asekova & Marina V. Postnova, 2017. "Problems and Contradictions of the Financial System of the Agro-business Industry of Russia in Contemporary Conditions and Methodological Aspects of their Overcoming," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 467-482.
    19. N.I. Pyzhikova & D.V. Parshukov & E.Yu. Vlasova & E.V. Pyhanova, 2018. "Monitoring and Forecasting the Development of Local Food Systems: A Case Study," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 362-377.
    20. Todor S. Lohwasser & Felix Hoch & Franz W. Kellermanns, 2022. "Strength in Stability: A Meta-Analysis of Family Firm Performance Moderated by Institutional Stability and Regime Type," Entrepreneurship Theory and Practice, , vol. 46(1), pages 117-158, January.

    More about this item

    Keywords

    China; innovative entrepreneurship; hackspace; business angels; venture capital funds.;
    All these keywords.

    JEL classification:

    • P30 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - General
    • P33 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Relations, and Aid

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ers:journl:v:xxi:y:2018:i:3:p:506-515. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marios Agiomavritis (email available below). General contact details of provider: https://ersj.eu/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.