11.07.2015 Views

China's Future R&D and Innovation

China's Future R&D and Innovation

China's Future R&D and Innovation

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China as a Source of <strong>Innovation</strong>? (Heresy or Prophecy?)•‚Chinese companies copy the West, they don’t invent.‛ But…• Imitation is a natural (maybe necessary!) step before innovation: Japan, Korea, USA, Switzerl<strong>and</strong> as examples; Artists/students, too, learn how to copy ‚the masters‛…• The ‚West‛ is really a base of about 20 different contributing European <strong>and</strong> Americancountries (<strong>and</strong> Japan): China can easily become a top-5 player by gaining just a 10%‚market share‛ in innovations.Plan to develop S&T inthe mid- <strong>and</strong> long-term(2006–2020):2020 2006• GDP R&D intensity: > 2.5% 1.2%• Dependence on foreign technology: < 30% > 50%• Worldwide rank in Chinese-invented patents: top 5 75%*• Worldwide rank in Chinese-authored SCI papers: top 5 3%<strong>Innovation</strong> in China – 29 Oct 2011 | © 2011 Max von Zedtwitz / max@post.harvard.edu * 75% of patents in China foreign-owned| 27

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