Innovation Strategies: China vs. U.S.

This chapter examines the differing innovation strategies of China and the U.S. in science and technology, focusing on China's preference for applied technology over basic research. The discussion highlights critical issues such as resource allocation, infrastructure development, and China's ambitions in establishing global technological standards. By analyzing initiatives like 'Made in China 2025' and 'China Standards 2035', the chapter reveals the complexities of China's technological landscape and its implications for international competition.