UNINTER WEEK REVIEW I | Page 4

THE GLOBE FOREIGN R&D CENTERS BLOSSOM IN CHINA 1999 Fewer than 30 entirely fake Apple stores filled with employees who think they work for the U.S. company. Still others blame the Chinese education system, with its modernized version of what the Japanese scholar Ichisada Miyazaki calls “China’s examination hell.” How can students so completely focused on test scores possibly be innovators? From our decades of field experience and research in China, and the dozens of case studies we have collectively produced, we see some merit in all those views (but we must point out that many of the most innovative Western firms were founded by engineers). Those criticisms don’t tell the entire story, however. China has no lack of entrepreneurs or market demand. And given the government’s enormous wealth and political will, China has the potential to set the kind of economic policies and build the kind of education and research institutions that propelled the U.S. to technological dominance. But will that potential be realized? We see considerable challenges. A look at how innovation is happening in China—from the top down, from the bottom up, through acquisition, and through education—sheds light on the complexities of the issue, highlighting the promise and the problems China faces in its quest to become the world’s innovation leader. Innovation from the Top Down In its 2006 “Medium- to Long-Term Plan for the Development of Science and Technology” (MLP), the Chinese government declared its intention to transform China into “an innovative society” by 2020 and a world leader in science and technology by 2050. That was not empty talk. Beijing has a solid track record of setting policies and incentives, and then watching citizens and local government officials, right down to the village level, fall in line with them. For nearly 40 years, in fact, the Chinese government has been using its wealth of funds and political will to stimulate innovation from the top. In the 1980s and 1990s, China created the National Natural Science Foundation and the State Key Laboratory 3 Harvard Business Review March 2014 2004 600 2010 More than 1,200 SOURCES BEIJING REVIEW, ASIA TIMES, PEOPLE’S DAILY ONLINE program, and revamped its Soviet-style Chinese Academy of Sciences to fund precommercial university research on a peerreviewed (rather than a political) basis, in much the same way that the National Science Foundation does in the United States. At the same time, the state, with support from regional governments, financed the development of high-tech zones to further innovation commercialization. Since 1985, when the first such zone was developed, in Shenzhen, they have proliferated to the point where they are a common stop on official tours of any major Chinese city. The power of the government to shape nascent innovative industries can be seen in the effects of its policies on the wind turbine industry. In 2002 the government launched an open bidding process for wind farm projects to encourage competition among turbine makers. Foreign imports soon flooded China’s fledgling market. In a pattern that it would repeat in other industries, the government then required state-owned enterprises to source 70% of their components from domestic firms. Foreign firms continued to invest directly in China, but by 2009 six of the top 10 wind turbine firms were Chinese. This capped off a remarkable growth spurt in domestic firms’ share of total sales, from 51% in 2006 to 93% in 2010. The aim of the 2006 MLP was to reduce China’s reliance on imp