The Sources of China’s Innovativeness
Why China’s “Unstoppable” Innovation Powerhouse Might Falter
Western governments appear to fear that China is an innovation powerhouse on an almost unstoppable path to dominating future technologies. This is quite a turnaround. Only a few years ago, Western policies were crafted on the assumption that China was a copycat incapable of innovation. A focus on Intellectual Property theft as the Chinese “sin” that drove China’s technological development led many in the West to miss what I have identified as the “Five Virtues” that have made China the innovation powerhouse it is today. China’s future success is not inevitable, however, but dependent on a delicate policy ecosystem.
