11 Innovation Strategies without Borders
What Prospects for Chinese Companies?
Liliana Mitkova and Xi Wang
Chinese companies considered the ability11 to innovate as a sustainable source of competitive edge and a means to become integrated in the international technological landscape. Chinese telecommunications firms, such as Huawei and ZTE, now directly compete with Ericsson and Nokia. China is one of the largest investors in research and development (R&D) in the world, with expenditure that has increased by 19% per year since 1995 to reach 30 billion dollars in 2005 and raise the country’s position to the sixth place in the world,1 and 311 billion dollars in 2014, according to the Organisation for Economic Cooperation and Development (OECD). ...
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