Abstract

ABSTRACT In the COVID-19 era, science, technology and innovation (STI) dynamics witness fundamental changes as the global expansion of government mission-oriented STI policies emphasises political stability, environmental sustainability and social inclusiveness. How does this global directionality affect China, a country known for its strong leadership in setting strategic STI policy directions? By performing a content analysis of 1,268 STI policies issued by the Chinese government before and after the pandemic started in 2020, we document the country’s latest attempts of top–down design of STI dynamics that use import and export barriers to restrict the flows of STI activities while crack down on the country’s effervescent STI scene to control what Chinese enterprises see and do, at both the national and local government levels. This increasing protectionist and interventionist tendency is a legacy of the U.S.-China trade war era when China was forced to ensure that its domestic technological progress could continue independently of the global market. However, to achieve such independence, we suggest that the country needs to restructure its demand-side, supply-side and environmental-side STI policy instruments to create a more efficient market space for techno-entrepreneurship, as it is hard to shore up political control without damping bottom–up entrepreneurial vigour.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call