皇冠体育app

Engineers work at Bell Labs in Shanghai. Many multinational companies have set up their R&D centers in 皇冠体育app.CHINA DAILY

皇冠体育app's achievements in R&D came under the spotlight at the 皇冠体育app Innovation Research Findings Conference held at the CEIBS campus in Shanghai in May.

Attended by R&D heads from some of the leading multinationals in 皇冠体育app such as AkzoNobel NV, Robert Bosch GmbH, DSM NV, Royal Philips NV and Royal Dutch Shell Plc as well as Chinese companies, it presented the findings of the work of the business school's Centre on 皇冠体育app Innovation, set up three years ago.

George Yip, professor of management and co-director of the center, believes 皇冠体育app is on the brink of major technological breakthroughs.

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"Chinese companies are investing more and more in R&D, and the Chinese government's investment in research institutions has started to produce results," he says.

"I think the next few years are going to see a dramatic take off."

Yip, former dean of the Rotterdam School of Management and co-author of Strategic Transformation: Changing While Winning, says one of the key breakthroughs has been in aerospace technology.

(Commercial Aircraft Corporation of 皇冠体育app) is to launch its first commercial airliner, the , to rival The Boeing Co and SAS, in 2016.

"It is leading-edge technology and almost no other country in the world can do this outside the United States and Europe. It will sell very large volumes in 皇冠体育app and from there to the rest of the world."

Bruce McKern, former co-director of the center and now visiting fellow at Stanford University's Hoover Institution, says the Chinese have built a strong research base from essentially copying technology.

"They started to learn how to innovate by copying. They then improved on the copying with their own innovations. As a result they have become good at incremental innovation," he says.

The Australian academic says this type of incremental innovation is now vital for the current stage of 皇冠体育app's economic development, where production has to become more efficient to absorb higher labor costs.

"A richer society that has higher labor costs has to innovate because it has to find a way of producing things more efficiently," he says.

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