Strategic challenges for creating knowledge‐based innovation in China : Transforming triple helix university‐government‐industry relations

Purpose – The purpose of this paper is to outline the strategic challenges for creating knowledge‐based innovation in China. Design/methodology/approach – The paper outlines the context of innovation in China and describes the triple helix model of knowledge‐based innovation. Findings – China's re‐emergence as a major power in the world economy points to the needs of integrating China into the global innovation networks. However, there are a number of challenges facing Chinese firms, academics, government agencies and policy makers. Originality/value – The paper gives notice of launch in 2009 of the Journal of Knowledge‐based Innovation in China which will address the innovation challenges facing China in the transition from a planned to a market‐driven economy in the twenty‐first century. The new journal will provide a platform for the development of new ideas and research on knowledge‐based innovation.