Topic: Business / International Business

 
China Against Herself
Innovation or Imitation in Global Business?
Yuko Arayama, Panos Mourdoukoutas
978-1-44082-534-7

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China Against Herself

Innovation or Imitation in Global Business?

Yuko Arayama, Panos Mourdoukoutas Yuko Arayama, Panos Mourdoukoutas

February 1999

Praeger

Cover
Pages
Volumes
Size
Hardcover
152
1
6 1/8x9 1/4
 
ISBN
eISBN
978-1-56720-245-8
978-1-4408-2534-7
Print in Stock
$102.95

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Argues that China is a challenge to itself, lacking the resources and the capabilities to turn into a formidable economic power.

Will China's growing economy outstrip the economic power of Japan and the advanced industrialized democracies of the West? No. For China to continue its phenomenal growth and develop sustainable comparative advantage, it needs to sustain a huge world market for its products and the technological and organizational capacity for innovation. According to Arayama and Mourdoukoutas, because China cannot secure these economic conditions, its role in the world economy will be limited to that of a mass producer of certain types of products. China's strength is its low-cost, mass-production capacity—but the lack of an ingrained capacity to innovate constrains China to transforming foreign innovations into lower-priced imitations. Arayama and Mourdoukoutas detail their argument carefully and precisely, in a well-written analysis that will be necessary reading for business decision makers and their academic colleagues, and for others who are seriously interested in the future of world business.
Introduction: What Is the Challenge?
Does China Have an "Infinite" World Market Frontier?
Is China Able to Innovate?
Is China Capable to Innovate?
Can the Chinese Government Accommodate Innovation?
Beyond the Last Frontier: Can Global Capitalism be Saved?
Conclusions
Bibliography
Index




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