Innovation in China's high-tech industries: barriers and their impact on innovation performance Online publication date: Thu, 30-May-2013
by Xueli Huang; Renyong Chi
International Journal of Technology Management (IJTM), Vol. 62, No. 1, 2013
Abstract: China's high-tech industry has been regarded as a new driving force for national economic growth and industry restructuring over the next decade. Innovation is the most important activity in the high-tech industry. One critical area for improving innovation is to identify and overcome its barriers. This article reports on the perceptions of managers from a survey completed by 1,722 of China's high-tech enterprises on external and internal barriers to innovation in Zhejiang Province of China and how these barriers impact on the firms' innovation performance. Based on our findings, we have conceptualised innovation barriers into two groups: kinetic and static barriers. The implications from these findings for public policy and innovation management are discussed and remedies proposed.
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