Physics – Physics and Society
Scientific paper
2010-12-14
Industry and Higher Education 15(3) (2001) 179-182
Physics
Physics and Society
Scientific paper
Since 1992, a new Chinese innovation system has been emerging in terms of university-industry-government relations. In recent years, science parks, incubators, and high-tech development zones have been provided with strong incentives. The commitment of the Chinese government to the further introduction of a market economy has been elaborated with a focus on the knowledge-base. The model of institutional adjustments has been replaced with systemic and evolutionary thinking about niche development and human resource management. Government interventions remain important for interfacing knowledge-based developments with those on the market. For example, new legislation on issues of "intellectual property rights" is crucial to the absorption of venture capital into these developments.
Guoping Zeng
Leydesdorff Loet
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