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The purpose of economic reform is to reduce distortions and enhance efficiency. However, when reforms are partial and incremental, individuals and local governments are often able to capture the rent inherent in the gradual transition process. Young (2000) warned that such rent-seeking behavior...
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labor scarcity affects corporate innovation based on the matched dataset of annual surveys of industrial firms in China and …
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potential change of research and innovation policy under Xi Jinping is discussed, as well as core policies and strategies to … further improve the Chinese innovation system and to shift it from a low-cost to an innovation-driven economy. The Internet … "Innovation Driven Devel-opment Strategy" are briefly introduced. A first section, however, discusses policy-making processes and …
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