Research and development in China: scope and specifics of innovation process

Gennady I. Lazarev; Elena Vi. Krasova

Gennady I. Lazarev Vladivostok State University of Economics and Service
Elena Vi. Krasova Department of Economics Vladivostok State University of Economics and Service 41 Gogol Street, Vladivostok, Russia

Keywords: Research and development (R & D), innovations, innovation process, R & D in China, innovations in China, R & D financing, R & D costs, economy of China, scientific-research sphere of China, scientific-educational sphere, business innovations in China, technological progress in China, results of R&D.

Abstract

The study of issues, related to the innovative processes in the developing countries of the world is one of the most important and popular areas of modern economic science. The scope and country specificity of innovative processes make it possible to identify the most effective models of national innovation development. Consideration of the scope, structure and dynamics of the performance of research and development activities (R & D) is the main tool for the assessment of innovation process development in the country. The object of this study is the scope and specificity of innovation process in modern China. The subject of the study is the scope and structure of research and development activities, seen through the perspective of innovative development of national economy. The purpose of given research is to study the scope and specificity of modern innovation processes in China, through the consideration of the main indicators of development of scientific and research field in China. The methodological basis of the article is the general provisions of modern economic science, in particular: modern macroeconomic theory, the theory of the world economy development, the concept of innovative development, the theory of human capital, general theory of adaptation, applied through the system analysis. According to the data on R & D financing, the authors define China's place in the global process of investment in innovations; they give and analyse extensive statistical data, characterizing the resource intensity and the results of R & D in this country. This analysis is carried out in the institutional context: the indicators of development of scientific-research sphere, scientific-educational sphere and business component of R & D are considered separately.

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Author Biographies

Gennady I. Lazarev, Vladivostok State University of Economics and Service

Doctor of Economics, Professor, President of Vladivostok State University of Economics and Service

Elena Vi. Krasova, Department of Economics Vladivostok State University of Economics and Service 41 Gogol Street, Vladivostok, Russia

Candidate of Economic Sciences, Associate Professor, Associate Professor at the Department of Economics Vladivostok State University of Economics and Service 41 Gogol Street, Vladivostok, Russia

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