Innovation-led Development: The Logic of China’s Economic Development

Jiasu Lei, Kathy Zhang, Yaoyuan Qi

Research output: Contribution to journalArticlepeer-review

26 Citations (Scopus)

Abstract

In 2012, the Chinese government put forward the “Innovation-driven Development Strategy”, which has its theory origin as well as its practice and policy origin. At this stage, based on the reality of China’s economic development and the prominent role of “lead innovation” to economic development, China urgently needs to adjust the idea of “Innovation-driven Development” in the past to “Innovation-led Development” and should focus on encouraging and supporting “lead innovation” in order to achieve the purpose of the “steady growth and improve quality”.

Original languageEnglish
JournalJournal of Industrial Integration and Management
Volume5
Issue number1
DOIs
Publication statusPublished - 1 Apr 2020
Externally publishedYes

Keywords

  • Innovation-driven
  • innovation-led
  • lead innovation

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