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Prior to the 1980s, China had a highly concentrated, inefficient science and technology management system which deprived the fundamental agents of decision-making autonomy, impeded entrepreneurship, and separated technological innovation from industrial application. The 'Decision on the Reform of the Science and Technology Management System' adopted by the central government in 1985 ushered in a new era, laying the foundation for all the subsequent reform policies. Toward an Innovative Nation documents the major reform initiatives since then, attempts to provide an economic interpretation of their evolutions, and argues that 'China's miracle' is propped up by a solid innovation system. It also discusses the challenges facing China on its way toward an innovative nation in areas such as the role of governments at different levels in allocating R&D resources, the IPR policies, and labor market control.

KEY FEATURES

- Written by a group of prominent Chinese economists, the series represents a concerted effort bynative scholars to analyze the 'Chinese Miracle' as well as predict its future development.
- Each volume examines different aspects of the reform, such as structural reform, entrepreneurship, local governments, specialized markets, innovation and globalization.
- Contains numerous graphs and tables.

This title is part of China's Reform Studies Series that include:

1. China's Specialized Markets
2. Development of China in Modern World System
3. Economic Growth and Structural Evolution
4. Economic Reform and Institutional Innovation
5. Incentives and Governance: China's Local Governments
6. The Micro-foundation of China's Market Economy
7. Toward an Innovative Nation
8. Transformation of the Chinese Enterprises

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