The innovation in China is much more likely to be generated out of the private sector, even though the state sector is hugely well-endowed with resources that could fund innovation.
My unexpected find was a number of American auto supplier executives who were excited about state and local governments in Indiana, the environment for electric vehicle innovation there, and their opportunities in China.
As part of its outreach to budding entrepreneurs in China, Innovation Works is running a JumpStart program to incubate 10-15 teams for three months.
Silicon Valley will remain the global tech hub followed by China though innovation centers in clusters around the world will matter more.
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The goal of the Chinese government and auto industry leaders is to make China a leader in innovation by 2020.
Yet recent experience in the U.S. and even China illustrates that there still is room for newcomers and innovation in various ways.
Apple is a symbol of American innovation, but it has created more jobs in China than in America.
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Complete a major fact-finding mission comparing science funding strategies and innovation policies in Europe, the United States, China, Japan, India, Australia and South Africa.
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With the smartphone market in the developed regions getting more saturated (U.S. smartphone sales grew y-o-y by just 9% in Q2 2012) amid concerns that iPhone innovation has plateaued, Apple needs emerging markets such as China to drive iPhone growth in the coming years.
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After the prohibition had been enactment, the OSTP participated in a series of meetings with Chinese officials as part of the U.S.-China Dialogue on Innovation Policy and the U.S.-China Strategic and Economic Dialogue held in Washington, D.
Others pointed out that China's "indigenous innovation" push was in the works well before the stimulus provisions.
Of course China also has an innovation policy and is investing heavily in the development of design and creativity skills.
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Given the tremendous advances in information technologies both in terms of the rate of innovation and quality of improvements, China is well positioned to exploit this revolution.
They're no longer worried, I think, about our economy being overwhelmed either by Europe writ large, the EU, or China somehow swallowing up every bit of innovation that exists in the world.
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China credits its growing capacity in science, technology and innovation (STI) for much of its meteoric economic rise in recent years.
These historic advances give China the foundation for incredible credibility as a potential leader in innovation.
Since 1999, adhering to the principle of "driving product, service and management innovation via system and technology innovation", Wasu has developed into a large state-owned media group in China with rapid development driven by "new media, new network".
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Recognising that much of the innovation is now in the mobile computing area, Lenovo has been building a strong position in China's smartphone and tablet market, and is now moving into other territories.
The innovation China most needs now is a way to convert its people from characters to an alphabet in education and daily use.
So says Dingkun Ge, an expert in growth strategy and entrepreneurship at the China U.S. School of Entrepreneurship and Innovation where he is president.
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By outsourcing those low-skilled jobs to China, Americans have actually become more competitive in high-skilled jobs such as management, innovation and marketing.
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