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The New Silk Road and the Innovation Economy in China: Routledge Studies in the Economics of Innovation

Autor Jon-Arild Johannessen
en Limba Engleză Hardback – 28 feb 2023
This book provides deep insight into the emergent Chinese innovation economy, as we head towards the Fourth Industrial Revolution. It describes, discusses and analyzes the period from China's opening up to foreign investment in the 1980s until the New Silk Road project, from 2013 onwards.
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Specificații

ISBN-13: 9781032328362
ISBN-10: 1032328363
Pagini: 208
Ilustrații: 57 Line drawings, black and white; 57 Illustrations, black and white
Dimensiuni: 156 x 234 x 13 mm
Greutate: 0.54 kg
Ediția:1
Editura: Taylor & Francis
Colecția Routledge
Seria Routledge Studies in the Economics of Innovation

Locul publicării:Oxford, United Kingdom

Public țintă

Postgraduate

Cuprins

1. The New Silk Road as an innovation generator 2. Hi-tech competence: the driving force for the new globalization 3. Strategic awareness: Understanding and explaining some aspects of the Chinese innovation economy 4. Co-creation to promote knowledge processes and innovation for the countries along the New Silk Road 5. Feed forward: the transition from the old globalization to the new globalization


Notă biografică

Jon-Arild Johannessen is Full Professor at Kristiania University College, Oslo, Norway.


Descriere

This book provides deep insight into the emergent Chinese innovation economy, as we head towards the Fourth Industrial Revolution. It describes, discusses and analyzes the period from China's opening up to foreign investment in the 1980s until the New Silk Road project, from 2013 onwards. The developments are assessed from a systemic thinking and evolutionary economic standpoint.

The book presents the latest research findings on the direction and achievements of the Belt and Road Initiative, and the results both for China, the countries along the new Silk Road, as well as for Europe and the United States are brought to light. The author asserts that the phenomenon of the New Silk Road as an innovation generator can be understood and explained through the effects of various social mechanisms. He labels these five social mechanisms as: the locomotive force; the explosive force of the butterfly effect; the force of co-creation; the force of expectation; and the force of competence.

The book presents 20 cases to substantiate the descriptions, analysis, theoretical reflections and the practical utility of the questions examined in each chapter. It utilizes economic history research methods, scenario thinking, futures research and conceptual generalization to offer different views on the research problem under investigation. Further, the book offers policy suggestions, which include promoting effective macroeconomic policies, and extending microeconomic cooperation schemes, related to the innovation economy.

The book will appeal to academics, researchers and graduate students concerned with Chinese economic expansion, Chinese foreign policy and US- and Europe-China relations, as well as policymakers and political advisors.