China is investing heavily in research and development and rapidly increasing high-technology output. This is happening as the country is passing through a challenging transition, as the labour-force expansion and surging investment that propelled three decades of growth is now weakening. This is a natural stage in the country’s economic development. Yet it raises questions… Continue reading Is China Leading Global Innovation?
The world economy is to a large extent driven by the economies of United States and China. The growth of the Chinese economy, particularly in the last 20 years, has been staggering. Until recently, much of this growth came from producing labour-intensive, low value-added goods. Today, however, Chinese competitiveness is no longer confined to lower-end… Continue reading The new key duality in the global economy
Last week I attended the Opal Group’s annual European Family Office & Private Wealth conference in Geneva and was one of the panellists on a panel discussion about the world’s emerging markets. The conference was very well attended and a huge success, I thought. There was an incredible spirit amongst all participants and the Opal… Continue reading Opal Group European Family Office & Private Wealth conference, Geneva 2013
In a speech at the International Association of Science Parks conference 2012, Herbert Chen from Tsinghua University Science Park (TusPark) in China presented how science parks can attract organizations and companies. The TusPark or Tsinghua University Science Park is a Chinese organization of business parks. It has buildings in Zhongguancun of Beijing, in Kunshan, Suzhou,… Continue reading Demand driven science park development