Chinese Innovation on the Rise
July 15, 2018
7/15/18 – China joined the world’s top 20 most innovative economies and is aiming to move higher, while the United States fell out of the top 5, according to the recently released Global Innovation Index 2018, cosponsored by the United Nations. Although measuring an economy’s innovativeness is inherently difficult, and many experts would challenge the rankings in this study, no one doubts that China’s innovative capacity is on the rise. The United States should not take its strength relative to China for granted, a leading scholar and former government adviser says in Issues, and he proposed actions to both boost US innovation capability and respond to China’s technological ambitions.