China In The 21st Century: Will ICT Sustain Economic Growth?
Author(s) -
James W. Gabberty,
Linda Jo Calloway
Publication year - 2011
Publication title -
international business and economics research journal (iber)
Language(s) - English
Resource type - Journals
eISSN - 2157-9393
pISSN - 1535-0754
DOI - 10.19030/iber.v3i10.3728
Subject(s) - multinational corporation , information and communications technology , china , context (archaeology) , business , competitive advantage , investment (military) , knowledge economy , economic system , economy , economics , political science , marketing , politics , geography , archaeology , finance , law
The purpose of this paper is to stimulate critical thinking about China's ability to consistently grow its economy by leveraging its information and communication (ICT) infrastructure in such as way as to prolong the competitive advantage it now enjoys from its ability to attract multinational corporations (MNCs) attention. The success of China's transition towards economic and societal advancement is underpinned, to a large extent, by its total ICT investment. A competitive ICT profile is an antecedent to innovation, making China's intention to become a significant force in the global knowledge economy more viable. This paper interprets current evaluations of China's innovation circumstances in light of factual and perceptual data that represents the nation's ICT capabilities in the context of its standings with other nations.
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