The 1990s brought surprising industrial development in emerging economies around the globe: firms in countries not previously known for their high-technology industries moved to the forefront in new Information Technologies (IT) by using different business models and carving out unique positions...

Cover -- Contents -- Acknowledgments -- List of Abbreviations -- Introduction: An Invention of My Own -- 1 The White Knight Avoided: Economic Reforms and Innovation for Growth in China -- 2 Rules of the Run: The Politics of China's Institutions of Innovation -- 3 Beijing -- 4 Shanghai -- 5...

Few observers are unimpressed by the economic ambition of China or by the nation's remarkable rate of growth. But what does the future hold? This meticulously researched book closely examines the strengths and weaknesses of the Chinese economic system to discover where the nation may be headed...