Innovation in China

Yukon Huang gives an overview of the growth of East Asia. First, he discusses the Past and Future of Unsustainable growth of East Asia. He presents the trade based technology change and cites the indicators for China and Hong Kong as examples. Then, he goes on to debate the successful and unsuccessful creation of Innovative Systems and the production technologies per levels of product lines. Exemplifying the theory, Huang presents two cases: construction in Shanghai and electronics in Beijing. To conclude, he talks about the drivers of growth and the risk factors in the area.