1. China Makes Everything. Why Can't it Create Anything?
- Author
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Schuman, Michael and Jiang, Chengcheng
- Subjects
- *
INVENTIONS , *MANUFACTURED products , *TECHNOLOGICAL innovations , *ECONOMIC development , *ECONOMICS ,ECONOMIC conditions in China, 2000- - Abstract
The article discusses China's economic power as of November 2013, focusing on U.S. corporations, economic growth in countries such as China, and a proposal for China to increase its rates of technological innovations and inventions as a way of achieving greater global wealth and power. According to the article, products that are manufactured in China feature core technologies which are designed in other countries. William Janeway's book "Doing Capitalism in the Innovation Economy" is examined.
- Published
- 2013