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Strategies of remodelling China towards an innovation-driven economy

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  • Jarunee Wonglimpiyarat
  • Pravit Khaemasunun

Abstract

This paper is concerned with China's strategies in remodelling itself towards an innovation-driven economy. In particular, the study is focused on exploring the policies and innovation strategies to support high-tech SMEs in China. The study has shown that the Chinese government has introduced many policy initiatives (government intervention policies) after the country joined the World Trade Organization (WTO). However, the country still needs policies to improve interactions among institutions within the innovation system. The analyses provide policy insights that can be applied to strengthen Thailand's innovation system. The lessons learnt from the study can also be applied to other emerging economies to use as policy guidelines in improving the efficiency of the national innovation system.

Suggested Citation

  • Jarunee Wonglimpiyarat & Pravit Khaemasunun, 2017. "Strategies of remodelling China towards an innovation-driven economy," International Journal of Business Innovation and Research, Inderscience Enterprises Ltd, vol. 12(2), pages 175-188.
    • Handle: RePEc:ids:ijbire:v:12:y:2017:i:2:p:175-188
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    Cited by:

    1. Wensheng Xiao & Haojia Kong & Lifan Shi & Valentina Boamah & Decai Tang, 2022. "The Impact of Innovation-Driven Strategy on High-Quality Economic Development: Evidence from China," Sustainability, MDPI, vol. 14(7), pages 1-20, April.

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