Following China's accession to the WTO in 2001, reform of its science and technology system has deepened. This book provides an in-depth analysis of the high-tech sector, examining Chinese high-tech industry policy, the emergence of industrial clusters, the R&D activities of multinational corporations operating in China, and the prospect of commercialization of high-tech achievements.

The authors argue that since commercialization has become the ultimate objective of innovation activity, the relationship between R&D facilities, the local economy and local enterprises has become closer, thereby boosting the technology innovation capability of the corporate sector. They go on to explore regions with the greatest scale and depth of high-tech industry development: Beijing, Shenzhen, Shanghai and Shaanxi; which now serve as models for other regions. The book concludes that although high-tech exports have become an important contributing factor to China's economic growth, the country still has no effective mechanism for high-risk investment, therefore Chinese high-tech enterprises still find it difficult to secure financing.

This book will strongly appeal to those affiliated to multinational enterprises: managers, brokers, dealers and investors, as well as academics and researchers specialising in business economics and Asian studies.

About the Author
Chien-Hsun Chen and Hui-Tzu Shih, Chung-Hua Institution for Economic Research, Taipei, Taiwan

Reviews
'High Tech Industries in China is probably the most comprehensive publicly available summary of the state of S&T and R&D in China. . . credit needs to be given to the authors for compiling a rich and diverse analysis of this topic.' -- R&D Management
'High-Tech Industries in China provides a timely update on China's recent policy initiatives and adjustments of regional research and development, science and technology, foreign direct investment, and high-tech enterprise incubation and development.' -- Shaoming Cheng, Annals of Regional Science
'The book is recommended for academic libraries with an interest in contemporary China or economic development policy, especially those that serve English-speaking populations and those that find it difficult to source statistical material from China.' -- Andrea Schulman, Business Information Alert



Book Information
ISBN 9781845421991
Author Chien-Hsun Chen
Format Hardback
Page Count 176
Imprint Edward Elgar Publishing Ltd
Publisher Edward Elgar Publishing Ltd