China: Inventing Innovation?

2012, Business  -  26 min Leave a Comment
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China cannot maintain its historic economic growth unless it starts pushing innovation in ways that the United States has never imagined.  One city in China has announced a program to create an army of Steve Jobs type innovators over the next five years. The government has given orders for its citizens to become more creative.

 

For years, China has been promoting a policy of “indigenous innovation” – favouring domestic firms who develop their own technologies.

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