High-Tech Industries in China - Chien-Hsun Chen;Hui-Tzu Shih

The authors argue that since commercialization has become the ultimate objective of innovation activity, the relationship between R&D facilities, the local economy and local enterprises has become closer, thereby boosting the technology innovation capability of the corporate sector. They go on to explore regions with the greatest scale and depth of high-tech industry development: Beijing, Shenzhen, Shanghai and Shaanxi; which now serve as models for other regions. The book concludes that although high-tech exports have become an important contributing factor to China's economic growth, the country still has no effective mechanism for high-risk investment, therefore Chinese high-tech enterprises still find it difficult to secure financing.

This book will strongly appeal to those affiliated to multinational enterprises: managers, brokers, dealers and investors, as well as academics and researchers specialising in business economics and Asian studies.