China’s agenda is to become an innovation-led nation by 2020 and a world leader in science and technology by 2050. China spends more on R&D than any other economy, besides the USA. It has increased R&D spending from US$23 billion in 2012 to about $284 billion in 2014. It stills trails most developed countries as a percentage of total economic output. Analysts suggest the gap will close as China continues to rapidly increase spending.
Tag: research and innovation
Saudi’s push towards an innovation economy
By Mohamed Imam Salem, King Saud University, Kingdom of Saudi Arabia The Kingdom of Saudi Arabia (KSA) is pushing to diversify its economy beyond natural resource. Transitioning towards a knowledge-based economy is its optimal development strategy. In pursuing this strategy, the Kingdom is focusing on science and technology. As the technological requirements of the global…
China looks to science and technology to fuel its economy
Maintaining stability in the face of rapid change and growth, and proactively partaking in cooperative global ties in science and technology fields will be key in helping China become an innovation-based economy, according to Denis Simon, vice provost for International Strategic Initiatives at Arizona State University. One of the world’s leading experts on science, technology…
5 ways to engage Asia’s innovation century
By Eugene Sebastian A couple of months ago, the Australian Department of Foreign Affairs and Trade called for submissions that would help inform its whole-of-Australia approach to developing country strategies with the five Asia Pacific priority countries: China, India, Indonesia, Japan and South Korea. Nearly 250 submissions were submitted. One submission from Monash University…
Pivoting towards an Asia’s innovation century
By Eugene Sebastian Australian universities have a huge role to play in helping Australia build effective relationships with Asia. If there is one significant opportunity to further strengthen Australia’s link with the region it is through the pursuit of research and innovation collaborations. Traditionally, Australian universities have focused most of their research attention on Europe…
Smart Societies 