how it works, how it’s changing and why it matters

  • Written by: Marina Yue Zhang, Associate Professor of Innovation and Entrepreneurship, Swinburne University of Technology

China has had the world’s fastest growing economy since the 1980s. A key driver of this extraordinary growth has been the country’s pragmatic system of innovation, which balances government steering and market-oriented entrepreneurs.

Right now, this system is undergoing changes which may have profound implications for the global...

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