"This volume describes and analyzes the dense and dynamic patterns of research and development (R&D), innovation, and production in the Asia Pacific region, which is on the cusp of becoming the dominant region for the development of many of the world's leading-edge technologies and designs. ... The authors are to be congratulated for collecting these varied and interesting papers that can inform decision makers in governments and firms across the large number of countries aspiring to develop into knowledge-based developed economies." (Christine Greenhalgh, Journal of Economic Literature, Vol. 56 (4), December, 2018)
Chapter 1.- Introduction: Fast Cycle Innovation in the Asia Pacific, Thomas Clarke (UTS Sydney).- Chapter 2.- The Market Valuation of Innovation: The Case of Indian Manufacturing, Sunil Kanwar (Delhi School of Economics, University of Delhi).- Chapter 3 - When and Where Does Government-Subsidized R&D Work? Evidence from China, Di Guo (The University of Hong Kong).- Chapter 4 - Innovation in the Asia-Pacific: Foreign R&D Investment, Institutions and Entrepreneurship, Joe Cheng (University of New South Wales).- Chapter 5 - Schumpeterian Analysis of Innovation Advance in the Asia Pacific, Keun Lee (Seoul National University).- Chapter 6 - A Tale of Two Cities: Innovation in Singapore and Hong Kong, Jue Wang (Nanyang Technological University).- Chapter 7 - Economic Growth, Patent Race, and the Distribution of R&D Firms, Tetsugen Haruyama (Kobe University).- Chapter 8 - Institutional Environment, Political Connections, and Corporate Innovation: Evidence from Chinese Private Listed Firms, Lei Cheng (University of California, Berkeley).- Chapter 9 - Scientific Networks and Sources of Destructive Innovation: Twelve Case Studies of path-breaking drugs invented in Japan, Yasushi Hara (Hitotsubashi University).- Chapter 10 - Governance and Performance of Publicly Funded R&D Consortia, Hiroyuki Okamuro (Hitotsubashi University).- Chapter 11 - Rapid Software Patenting Growth over the Last Two Decades: Digital Dividends or Digital Divide?, Yuen-Ping Ho (National University of Singapore).- Chapter 12 - Let’s Make Software Patentable... or Maybe Let’s Not: Evidence from the Indian Software Industry, Manasa Patnam (CREST, ENSAE).- Chapter 13 - China's Patenting Surge from 2007 to 2011: more Innovation or Just More Patents?, Albert Hu (China Europe International Business School).
Thomas Clarke is Professor of Management and Director of the Key University Research Centre for Corporate Governance at the University of Technology Sydney. Formerly he was Chair of the Academic Board at UTS, and a member of the University Council. In the United Kingdom he was DBM Professor of Corporate Governance at Leeds Business School, and Professor of Management at China Europe International Business School (CEIBS) in Shanghai. He has held Visiting Professorships at the University of Paris, Dauphine; ESC Lille, France; University of Geneva, Switzerland; FGV Business School, Sao Paulo, Brazil; UAM Business School, Mexico City; and a Nuffield Foundation Visiting Research Fellowship at the University of Warwick.
This book promotes the creation of advanced knowledge-based economies driven by innovation networks and the continuous development of human capital and capability. It provides valuable insights into the growing emergence of knowledge-based industries of the Asia Pacific, and highlights research on: modes of creativity and innovation; intellectual property; the components of national innovation systems such as firms, education and training; knowledge and technical infrastructure; and public policy.
The Asia Pacific region is currently in the process of transforming from being the manufacturing centre of the global economy to a centre of innovation for the knowledge economy, with the successful IPO of Alibaba in 2014 being a prime example of this shift. From a neo-Schumpeterian perspective, the region is increasingly engaged in shortening and intensifying cycles of innovation. The historic agreement at the Beijing APEC meeting between China and the US to radically reduce carbon emissions indicates that one imperative of this innovation is to contribute to sustainability. The fact that the US Government is moving away from this historic commitment, while the Chinese Government is endorsing the commitment, indicates an emerging opportunity for Asia to lead the world technologically in a vital industrial sector of the future.