China as leading innovator, and as challenger to US hegemony?

Wade, Robert H. ORCID: 0009-0005-8584-8258 (2025) China as leading innovator, and as challenger to US hegemony? Review of Keynesian Economics, 13 (4). 519 - 535. ISSN 2049-5323

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Abstract

To what extent has China over the past decade leapfrogged beyond ‘factory of the world’ (scaling up technologies developed elsewhere) to ‘leading innovator’ (starting up technologies developed at home to produce new-to-the-world products)? To what extent has China’s size, economic development, and geopolitical influence reached the point where it is challenging the US for hegemony? The essay gives a qualified ‘yes’ to the first question, a qualified ‘no’ to the second.

Item Type:	Article
Divisions:	International Development
Subjects:	H Social Sciences > HD Industries. Land use. Labor
JEL classification:	L - Industrial Organization > L3 - Nonprofit Organizations and Public Enterprise > L32 - Public Enterprises O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O14 - Industrialization; Manufacturing and Service Industries; Choice of Technology O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development > O33 - Technological Change: Choices and Consequences; Diffusion Processes P - Economic Systems > P2 - Socialist Systems and Transitional Economies > P21 - Planning, Coordination, and Reform
Date Deposited:	19 Nov 2025 09:18
Last Modified:	02 Dec 2025 17:43
URI:	http://eprints.lse.ac.uk/id/eprint/130253

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