TECHNOLOGY AND ENTREPRENEURSHIP IN CHINA: Commercialization Reforms in the Science and Technology Sector

Abstract

ABSTRACT A vital component of China's reforms in the area of science and technology (S&T) activities during the last two decades has been improving the commercial exploitation of technology generated in research institutes. This article analyses the various concepts and measures introduced to guide policies for the commercialization of technology as well as various approaches employed by the Chinese government in the light of theories of market‐pull innovation and public choice.

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