One of the main reasons I wanted to contribute to the success of this blog is my desire to dispel ideological myths and dogma that exists in western discourse, and if I’m lucky, reach out to a few people in my age group back in China. One of the myths, against which I voiced skepticism in “Rethinking the Freedom-Innovation Nexus” is the supposed causal link between political freedom and scientific innovation.
I wanted to follow up on this with a McKinsey discussion on the Chinese model of innovation. I think this is podcast yields useful insights on the current state and characteristics of modern day Chinese innovation at the enterprise level.
A couple of highlights:
– Chinese companies embrace change and adaptation at a faster pace relative to their other Asian counterparts at a similar stage of development in their respective countries.
– Chinese companies are more willing to import talent from abroad, China’s ‘richness of talent’ comes in part from returnees who received education and worked in the west, as well as state funding of world-class academic research institutions.