New Silk Road and the Innovation Economy in China

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A01=Jon-Arild Johannessen
Artificial intelligence
Author_Jon-Arild Johannessen
Average Income
Belt and Road analysis
Category=KCA
Category=KCD
Category=KCP
Category=KJMV6
Chinese Dream
co-creation mechanisms
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Eurasian Land Bridge
evolutionary economics
Feedforward Effect
Fourth Industrial Revolution
futures scenario planning
GBA
Humanitarian Aid
Industry 4.0
Innovation economy
Innovation Generator
innovation-driven economic development
Intelligent Robots
macroeconomic policy research
Maritime Silk Road
OBOR Initiative
OBOR Project
RCEP Agreement
Regional Innovation Clusters
Silk Road
Silk Road Countries
Silk Road Initiative
Silk Road Projects
Strategic Autonomy
Strategic Awareness
Strategic Implementation
Systemic Competence
systemic innovation
systemic thinking
The Belt and Road Initiative
The fourth industrial revolution
The New Silk Road
United States
Xi Jinping

Product details

  • ISBN 9781032328362
  • Weight: 453g
  • Dimensions: 156 x 234mm
  • Publication Date: 28 Feb 2023
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Hardback
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This book provides deep insight into the emergent Chinese innovation economy, as we head towards the Fourth Industrial Revolution. It describes, discusses and analyzes the period from China’s opening up to foreign investment in the 1980s until the New Silk Road project, from 2013 onwards. The developments are assessed from a systemic thinking and evolutionary economic standpoint.

The book presents the latest research findings on the direction and achievements of the Belt and Road Initiative, and the results both for China, the countries along the new Silk Road, as well as for Europe and the United States are brought to light. The author asserts that the phenomenon of the New Silk Road as an innovation generator can be understood and explained through the effects of various social mechanisms. He labels these five social mechanisms as: the locomotive force; the explosive force of the butterfly effect; the force of co-creation; the force of expectation; and the force of competence.

The book presents 20 cases to substantiate the descriptions, analysis, theoretical reflections and the practical utility of the questions examined in each chapter. It utilizes economic history research methods, scenario thinking, futures research and conceptual generalization to offer different views on the research problem under investigation. Further, the book offers policy suggestions, which include promoting effective macroeconomic policies, and extending microeconomic cooperation schemes, related to the innovation economy.

The book will appeal to academics, researchers and graduate students concerned with Chinese economic expansion, Chinese foreign policy and US- and Europe-China relations, as well as policymakers and political advisors.

Jon-Arild Johannessen is Full Professor at Kristiania University College, Oslo, Norway.

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