Pol­icy ex­pert: China ‘on right path’ to mar­ket lead­er­ship

China Daily (Hong Kong) - - IP SPECIAL -

NEW YORK — China is “on the right path” to­ward be­com­ing a lead­ing power in global sci­en­tific and tech­no­log­i­cal in­no­va­tions, a renowned US scholar on tech­nol­ogy and in­no­va­tion pol­icy has said.

“China has been do­ing ex­tremely well in the Global In­no­va­tion In­dex rank­ing,” said Soumi­tra Dutta, co-ed­i­tor of the rank­ing and found­ing dean of the Cor­nell SC John­son Col­lege of Busi­ness.

The an­nual rank­ing was co-au­thored by Cor­nell Univer­sity, INSEAD busi­ness school and the World In­tel­lec­tual Prop­erty Or­ga­ni­za­tion. China took the 22 nd spot in this year’s list, pub­lished in June, and the 25th in last year’s, be­com­ing the first ever mid­dle-in­come coun­try in the top 25 rank­ing.

“China has been go­ing up con­sis­tently,” he said.

“China has been in­vest­ing for many years in some ba­sic el­e­ments, for ex­am­ple, hu­man cap­i­tal and re­search and in­fra­struc­ture ... China is do­ing a lot of right things. China is on a right path,” Dutta said.

China has in­cor­po­rated the 2030 Agenda in its 13th F i v e -Ye a r P l a n ( 2 01 6 -2 0 ) and set the course of pur­su­ing in­no­va­tive, co­or­di­nated, green, open and shared de­vel­op­ment. It has also launched the cam­paign of “Mass In­no­va­tion and En­trepreneur­ship,” which en­tails a pack­age of mea­sures and poli­cies to en­cour­age cre­ativ­ity and en­trepreneur­ship on an un­prece­dented scale.

“Over­all, what I found very im­pres­sive is that the gov­ern­ment of China has a very clear at­ti­tude to­ward in­no­va­tion be­ing a na­tional pri­or­ity,” Dutta added. “That’s very im­por­tant for the ... com­pet­i­tive­ness of China go­ing for­ward, China can no longer be a low-cost pro­ducer. It has to ac­tu­ally be high value cre­ative and to cre­ate value you need in­no­va­tion.”

China has been do­ing ex­tremely well in the Global In­no­va­tion In­dex rank­ing.” Soumi­tra Dutta, co-ed­i­tor of the Global In­no­va­tion In­dex and found­ing dean of the Cor­nell SC John­son Col­lege of Busi­ness

The In­dian-Amer­i­can pro­fes­sor also called for closer in­ter­na­tional co­op­er­a­tion in push­ing for­ward global in­no­va­tion.

“Close co­op­er­a­tion is ex­tremely im­por­tant for in­no­va­tion. In­no­va­tion is a global phe­nom­ena. Peo­ple col­lab­o­rate across bor­der, across coun­try — that’s how in­no­va­tion comes,” he said.

The GII, which started in 2007, ranks about 130 economies around the world us­ing an in­no­va­tion per­for­mance score out of 100 points, b a s e d o n t h e c o u n t r y ’s in­sti­tu­tions, hu­man cap­i­tal and re­search, in­fra­struc­ture, mar­ket so­phis­ti­ca­tion, busi­ness so­phis­ti­ca­tion, knowl­edge and tech­nol­ogy out­puts, and fi­nally cre­ative out­puts.

Switzer­land, Swe­den and the Nether­lands are the top three in the 2017 rank­ing, which has noted a con­tin­ued gap in in­no­va­tion ca­pac­ity be­tween de­vel­oped and de­vel­op­ing na­tions.

“E ff o r t s t o b r i d g e t h e in­no­va­tion di­vide have to start with help­ing emerg­ing economies un­der­stand their in­no­va­tion strengths and weak­nesses and cre­ate ap­pro­pri­ate poli­cies and met­rics,” Dutta said.


A girl in­ter­acts with an ar­ti­fi­cial in­tel­li­gence-en­abled robot at a soft­ware expo in Qing­dao, Shan­dong prov­ince, on July 21.

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