Benchmarking Innovation: USA and China

Jorge Vilaplana Ituarte*
Anaheim University, Global Strategy and Innovation Management, USA.
Periodicity:December - February'2020
DOI : https://doi.org/10.26634/jmgt.14.3.16255

Abstract

The purpose of this article is to compare the two biggest economies in the world, USA and China, regarding innovation. It starts defining what innovation is, where the value of it resides, and sharing expert's opinions about who is leading. The innovation systems of both countries have been analyzed, including the finance, intellectual property, and education. Furthermore, some results from different sectors have been also compared, such as artificial intelligence, wind power, or smart grid technologies; as well as differences in human resources approach. The conclusion is that USA is clearly ahead of China, but China is cutting distances quickly, although the development in China is impulse by the state and this generates some doubts about the real productivity of it.

Keywords

USA, China, Innovation, Innovation Model, Benchmarking.

How to Cite this Article?

Ituarte, J. V. (2020). Benchmarking Innovation: USA and China. i-manager's Journal on Management, 14(3), 1-12. https://doi.org/10.26634/jmgt.14.3.16255

References

[4]. Chen, X., Liu, Z., Wei, L., Yan, J., Hao, T., & Ding, R. (2018). A comparative quantitative study of utilizing artificial intelligence on electronic health records in the USA and China during 2008–2017. BMC Medical Informatics and Decision Making, 18(5), 117.
[8]. Global Wind Energy Council. (2012). China Windpower Outlook; GWEC. Brussels, Belgium.
[16]. Lalkaka, R. (2002). Technology business incubators to help build an innovation-based economy. Journal of Change Management, 3(2), 167-176.
[18]. Porter, M. (2001). San Diego, clusters of innovation initiative, council on competitiveness. Monitor Group on the Frontier, Washington, DC.
[19]. Ren, L., Krabbendam, K., & de Weerd-Nederhof, P. (2006). Innovation practices success in China: The use of innovation mechanisms in Chinese SOEs. Journal of Technology Management in China, 1(1), 76-91.
[26]. Woetzel, J., Orr, G., Lau, A., Chen, Y., Chang, E., Seong, J., & Qiu, A. (2014). China's digital transformation: The Internet's impact on productivity and growth. McKinsey Global Institute, McKinsey & Company.
[27]. Wonglimpiyarat, J., & Khaemasunun, P. (2015). China's innovation financing system: Triple Helix policy perspectives. Triple Helix, 2(1), 1-18.
If you have access to this article please login to view the article or kindly login to purchase the article

Purchase Instant Access

Single Article

North Americas,UK,
Middle East,Europe
India Rest of world
USD EUR INR USD-ROW
Pdf 35 35 200 20
Online 15 15 200 15
Pdf & Online 35 35 400 25

Options for accessing this content:
  • If you would like institutional access to this content, please recommend the title to your librarian.
    Library Recommendation Form
  • If you already have i-manager's user account: Login above and proceed to purchase the article.
  • New Users: Please register, then proceed to purchase the article.