Chinas Emerging Technological Edge: Assessing the Role of High-End Talent
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Together, these obstacles have impeded China's ambitions to embark on an innovation-driven trajectory of development. The next wave of reform needs to focus on tackling problems at each of these levels in a systematic way. It is unfortunate then that a seven-year window of opportunity has been missed in its implementation. During the global financial crisis, China should have taken full advantage of its relatively strong economic position to fix the problems in its science and technology system: to invest more wisely; to better utilize its large talent pool; and to push its enterprise sector to move from labor, capital and resource-intensive business models, towards alternative models based on knowledge and innovation.
China's new political leadership, which has taken over in the past year, seems committed to redoubling efforts in this area.
And the thirteenth Five-Year Plan, which is now being prepared ahead of its publication in , is expected to include a significant focus on science, technology and innovation. Indeed, the new leadership is fully aware of challenges in the governance of China's science and innovation system. It can tackle them if it chooses to; but it is also partially responsible for some of the problems, such that reform may not be in its best interests. Inertia and preservation of the status quo are powerful forces. If China is to move into the premier league of innovative nations, its leaders will need to demonstrate political will, courage and determination to drive these reforms through.
Topics Science policy Political science. China blogposts. Search the catalogue for collection items held by the National Library of Australia. Simon, Denis Fred. China's emerging technological edge : assessing the role of high-end talent. One feature of its rapid ascent has been an enormous expansion of the country's science and technology capabilities, leading to the emergence of a large and increasingly well-educated talent pool.
Yet China finds itself engaged in an internal debate as to whether its full potential can be realised.
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Written by two leading experts in the field, this book is the first in forty years to address these critical issues. Building on exciting new research and a plethora of comprehensive statistical materials, its findings will have significant policy implications both for China and the international community, especially in terms of issues relating to national competitiveness and innovation potential. Request this item to view in the Library's reading rooms using your library card. To learn more about how to request items watch this short online video.
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Abstract: In this paper, we examine whether there is unequal treatment of boys and girls when parents are making decisions about investing in household assets. Using the Chinese Family Panel Survey of and , we use Working-Lesser functions to investigate the effect of household population composition by gender and age on changes in asset holdings in three categories: financial products, real estate and private business assets. The analytical focus highlights the role of gender on household asset decision-making and whether China still adheres to a pro-son biased asset beneficiary system.
Households having young sons are more likely to hold real estates, while those with young daughters are more likely to have financial assets. The results indicate that traditionally designated family obligation towards sons may have led parents to put money on more secured and long-lasting type of assets.
Since daughters, by and large, are not the responsibility of their own parents, it seems that families would be more likely to hold more risky type of assets. Such boy-girl discrimination is stronger in urban households but reduced for families that women have more bargaining power. Compared to other types of asset, holding more financial products increases household current spending in different types of commodities. Gender biases in asset allocation have implications on household wealth levels and intergenerational wealth transfer, and hence on gender equity in education and socio-economic status.
Her research interests are trade, foreign direct investment, innovation and the environment. Prior to that, she has worked at the Universities of Nottingham, Kent, and Essex. She obtained her PhD from Boston University in Her current areas of research include the link between macroeconomic activity and finance and the economics of transition in China. She is an associate editor of the European Journal of Finance and has been associate editor of the Journal of Banking and Finance from to The interviewees included managers and workers of Chinese MNEs and local firms, policy makers of both home and host countries and officers of international organizations.
China's emerging technological edge : assessing the role of high-end talent - Bates College
This presentation will offer a comprehensive examination on Chinese MNEs through demonstrating empirical evidence and resulting theories. Download Presentation. It reviews how conceptualisation of the bias has evolved to embrace all major econometric problems, despite extensive lack of hard evidence. It reveals the crux of the bias — a priori rejection, as conditionally invalid, of explanatory variables in causal postulates, and of the bias correction by consistent estimators — modification of those variables by non-uniquely and non-causally generated regressors.
It demonstrates cognitive flaws in this estimator-centred approach and highlights the need to shake off the bias to let statistical learning play an active role in designing causally faithful models. She is also interested in normative issues concerning social, ethnic, and cultural problems associated with economic development. Download presentation. This paper provides an analytical review of the social science literature on guanxi. Since then, researchers have engaged in debates on what guanxi actually means to Chinese people in the past and at present, how it has been adaptive to ongoing institutional transformations, and why its influence in economic, social, and political spheres can be stabling, increasing, or decreasing along with market reforms and economic growth.
The author provides a synthesis of these debates before offering a theoretical framework within which to understand the dynamics of guanxi from the changing degrees of institutional uncertainty and market competition.
The science and innovation challenge for China's new leaders
Survey findings on the increases of guanxi usage in labor markets from to are presented to illustrate the usefulness of this framework. In the conclusion, the author argues that guanxi is a five-level variable, and that the nature and forms of guanxi influence are contingent upon on whether guanxi is a tie of connectivity, a sentimental tie, a sentiment-derived instrumental tie, an instrumental-particular tie, or an obligational tie that facilitates power-money exchanges. This five-level conceptualization is aimed at advancing future guanxi scholarship in the fast-changing Chinese society.
Bian is a co-founder with Professor Li Lulu of the Chinese General Social Survey, which is a public data archive available to domestic and international scholars. He was recognized as one of the , , and Elsevier most-cited Chinese researchers in social science. In this presentation we will review progress achieved at the front of science, technology, and innovation in China and identify main problems that may prevent China from fulfilling its ambition to become an innovation-oriented nation. The presentation will also examine some recent reform initiatives and their implications for the trajectory of China's future pursuit of innovation.
China's emerging technological edge : assessing the role of high-end talent
Biography: Cong Cao, a scholar of social studies of science, technology, and innovation in China, holds a PhD in sociology from Columbia University and is now a professor of Chinese studies at The University of Nottingham Ningbo China. He has published widely on China's scientific elite, human resources in science and technology, research and entrepreneurship in nanotechnology and biotechnology, reform of the science and technology system, among others. His book on China's evolving policy pertaining to research and commercialization of agricultural biotechnology is forthcoming from Columbia University Press.
National Science Foundation, European Union, and other organisations.
China's emerging technological edge: Assessing the role of high-end talent
Can a demand-side macroeconomic shock be a driver of capital misallocation in China? Using cross-province data, we find that fiscal policy volatility has a significantly positive impact on the dispersion of marginal revenue product of capital MRPK. Factors relating to capital adjustment costs, financial frictions and policy distortions are found to play an important role in shaping the nexus between fiscal policy volatility and the static measure of capital misallocation, as reflected by the vast heterogeneity among provinces and industries.
We also find fiscal policy volatility and the dispersion of marginal revenue product of other inputs such as labour and intermediate material inputs are positively associated. A simple theoretical model is derived to show a new mechanism of this association with an emphasis on the role of endogenous input quality. Our empirical results are robust when potential endogeneity and mismeasurement problems are controlled for.