China catches the wave of innovation

Abstract

PurposeReviews the latest management developments across the globe and pinpoints practical implications from cutting‐edge research and case studies.Design/methodology/approachThis briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.FindingsMany economists and social commentators agree that this will be the century of the Chinese; as the market economy makes ever greater inroads and the authority of the Communist Party is increasingly eroded, the world's most heavily populated country will become the economic superpower. In terms of technological development, China has already revealed some impressive credentials. The country has, in some areas, gone beyond merely playing “catch‐up” to producing its own “world‐first” (i.e. new to the world, not merely to them) innovations.Practical implicationsProvides strategic insights and practical thinking that have influenced some of the world's leading organizations.Social implicationsProvides strategic insights and practical thinking that can have a broader social impact.Originality/valueThe briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy‐to‐digest format.