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Ask HN: What explains China's rise as an innovation powerhouse?
- pramaanik 4y agoChina is the only middle-income country in the Global Innovation Index top-30 (at 11th place in 2022). There are a range of theories that try to explain China's rise in this area: state capitalism, technology theft, returnee talent, or forced technology transfer. I feel it's a combination of some fundamental factors. Higher investment in education and infrastructure, a benign geopolitical climate that permitted technology transfers, and a State focus on innovation. While many individual policies have failed to deliver the promised results, they have been able to spur private R&D investment. What is your view?