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The current Chinese development model is nearing its limits. The World Bank has cautioned that China could find itself … in a “middle-income trap”. China recognizes that it must dramatically increase its capacity for innovation to avoid this … trap. This chapter provides an introduction to the enormous complexities and challenges that China faces in transforming …
Persistent link: https://www.econbiz.de/10012997380
necessary for authorities in the People’s Republic of China (PRC) to consider an approach that would further attune its economic …
Persistent link: https://www.econbiz.de/10003387699
the government set up to shape the business environment of private firms. Focusing on China during its crucial two decades … educated, with more diverse sectoral experiences. Market competition increased over time, especially after China's World Trade …
Persistent link: https://www.econbiz.de/10013429120
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Purpose - This study examines the impact of China’s mixed-ownership reform on the innovation of non …
Persistent link: https://www.econbiz.de/10014554146
Transformation has been put in motion by a variety of both endogenous and exogenous forces. Although not any process was under the control of those countries, their choice of goals and instruments was anyway particularly great, at least theoretically. However, transformation was implemented as a...
Persistent link: https://www.econbiz.de/10009643404
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This paper analysis an innovation in Southeast Europe, and in particular it is a case study of Macedonia which focuses on the basic ties between foreign direct investments and innovation. Foreign direct investment is usually defined as dominant or controlling ownership of a company in one...
Persistent link: https://www.econbiz.de/10013002542
China. We examine the adoption of these reforms between 2009 and 2016 as an exogenous shock to regional institutions. Our … highlights the critical role of government institutions in driving innovation across China, bringing to the fore important …
Persistent link: https://www.econbiz.de/10014632817
This paper aims to explore the effect of financial innovation on economic growth in 28 transition countries from 2004 to 2021. Financial innovation is categorized based on the structure of the financial system, including commercial banks, non-commercial banks and financial markets. By applying...
Persistent link: https://www.econbiz.de/10014511551