The generation, diffusion, absorption and application of new technology, knowledge or ideas are crucial drivers of development. This paper surveys the diverse approaches to innovation adopted by East Asian economies, the problems faced and outcomes achieved, as well as possible policy lessons....

We investigate the role of public funding in the rapid ascent of Chinese science by examining the impact of a major upgrade of a funding program of China's National Natural Science Foundation in 2011. Using research grant level data and a difference-in-differences estimator, we found that the...

This paper evaluates the impact of the Chinese government’s initiative begun in 1999 to restructure the country’s approximately 3,500 research institutes. The paper reviews the evolution of China’s research sector over the period 1995 to 2010, identifying certain issues that are analyzed...