IDEAS home Printed from https://ideas.repec.org/p/cdl/globco/qt4kx613b2.html
   My bibliography  Save this paper

The Accelerator State: Small Firms Join the Fray of China's Techno-Industrial Drive

Author

Listed:
  • Brown, Alexander

Abstract

China is creating an “accelerator state” through a multi-layered system to identify and fast track the growth of high-tech SMEs in strategic sectors. Certified high-tech SMEs enjoy unique advantages, most notably privileged access to public and private financing. In this policy brief, MERICS analyst Alexander Brown offers an analysis of the “Little Giants” program—a central feature of the accelerator state— that proves that selected firms are indeed benefiting from enhanced financing. The study also reveals flaws in its selection process. The implications for foreign actors are significant. The accelerator state aims to replace imports in key value chains, which poses a direct challenge to foreign firms. The blurred lines between state support and market forces in the scheme also make it more difficult for foreign governments to track distortionary practices and enforce fair competition.

Suggested Citation

  • Brown, Alexander, 2024. "The Accelerator State: Small Firms Join the Fray of China's Techno-Industrial Drive," Institute on Global Conflict and Cooperation, Working Paper Series qt4kx613b2, Institute on Global Conflict and Cooperation, University of California.
    • Handle: RePEc:cdl:globco:qt4kx613b2
    as

    Download full text from publisher

    File URL: https://www.escholarship.org/uc/item/4kx613b2.pdf;origin=repeccitec
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Social and Behavioral Sciences; china; accelerator state; robotics;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:cdl:globco:qt4kx613b2. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Lisa Schiff (email available below). General contact details of provider: https://escholarship.org/uc/igcc/ .

    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.