China against herself
innovation or imitation in global business?
by Yūkō Arayama
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Will China's growing economy outstrip the economic power of Japan and the advanced industrialized democracies of the West? No. For China to continue its phenomenal growth and develop sustainable comparative advantage, it needs to secure a huge world market for its products and develop the technological and organizational capacity for innovation.
According to Arayama and Mourdoukoutas, because China cannot secure these economic conditions, its role in the world economy will be limited to that of a mass producer of certain types of products. China's strength is its low-cost, mass-production capacity - but the lack of an ingrained capacity to innovate constrains China to transforming foreign innovations into lower-priced imitations.
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China against herself: innovation or imitation in global business?
1999, Quorum Books, Praeger
in English
1567202454 9781567202458
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Includes bibliographical references (p. 125-136) and index.
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- Created April 1, 2008
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