Background

Over the past three decades, China has experienced rapid economic growth and a fascinating transformation of its industry. However, much of this success is the result of industrial imitation and China’s continuing success now relies heavily on its ability to strengthen its indigenous innovation capability. China's path to innovation in science and technology-based industries is now unfolding at an unprecedented pace. This research theme examines how China should reform and develop its innovation policies and institutions to better foster innovation and entrepreneurship in the country.