Tian, Lei; Wang, Zhongmin; J. Krupnick, Alan; Liu, Xiaoli - 2014
In this paper, we use the US shale gas experience to shed light on how China might overcome the innovation problem …, an innovation stage and a scaling-up stage, with the first presenting a much bigger challenge than the latter. Our … analysis suggests that China’s national oil companies offer the best hope for overcoming the innovation problem. China’s policy …