This paper addresses some of the challenges confronting the European Union and China as they build their knowledge economies, and their on-going and possible future actions to address such challenges. Fifty years after the creation of what became the European Union, we argue that there is an...

This paper addresses some of the challenges confronting the European Union and China as they build their knowledge economies, and their on-going and possible future actions to address such challenges. Fifty years after the creation of what became the European Union, we argue that there is an...

The original intention of the government was to provide financial subsidies to firms by implementing innovation support policies. In turn, this will encourage these firms to carry out technological innovation activities. However, there are still differing views in the academic community on...

What kind of innovative competences are credibly developed by private entrepreneurs in China’s transition economy? On the basis of original empirical fieldwork in 45 software enterprises in Hangzhou, Zhejiang Province, we propose a working theory of innovative competence development in an...

Disruptive innovation often requires new, autonomous entities that are supported by (Corporate) Venture Capital. Although China has become the second-largest Venture Capital (VC) market in the world, knowledge about Chinese CVC remains underdeveloped and lacks academic attention despite its...

The article shows that the world economies are relying less on knowledge to compete in external markets in the last decade compared to the 1990s. The article shows that only four countries contribute a staggering 65% to the world growth and more than 180 countries contribute 36%, which is...

China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...

China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...

In the Made in China 2025 initiative, it is proposed that China should strive to “accelerate the coordinated development of manufacturing and services, drive the innovation of business mode and business, and promote the transition of production-oriented manufacturing to service-oriented...

Observers around the world are impressed by the rapid growth of China’s economy. While outside observers tend to focus on the success story of unprecedented growth policy documents and recent domestic debates in China have pointed to the need for a shift in the growth trajectory with stronger...