Friday, July 13, 2012

China Challenges: China Not Set To Become an Innovation Nation

Bill Dodson writes:

Survey results by the accountancy KPMG Peat Marwick seems to have gone viral. Nearly half of the respondents to the question of where will the global innovation center of gravity shift in the future answered China. A PC Report article on the matter said, ?44 % of those respondents who believe the center will shift will move to China.?

I call this the Thomas Friedman Effect: ?Look at all the engineers China is pumping out of its universities. Look at all the R&D centers that are sprouting up in the country. Look at those math test scores, ad nauseam.?

Egidio Zarrella, of KPMG?s Clients and Innovation Consulting group ? as innovative and confusing a group name as any ? is quoted in the article as saying, ?The survey findings demonstrate that China?s innovation investment has fostered an environment for the development of disruptive technologies that?s growing by leaps and bounds.?

No it doesn?t. But it?s good PR.

Closer examination ? that is, living and working in China ? show that most of the engineers that have graduated university have only the most abstract and theoretical notions of the subjects in which they?ve received their degrees due to the stultified education system; and that standardized testing in China does not reflect the degree to which test-takers are able to solve real-world problems with creative approaches in dynamic, heterogeneous conditions; and the companies setting up R&D centers are multinationals here to? localize their product lines for the domestic markets and are loathe to? expose their most precious IP to the Chinese elements.

Read more: http://thisischinablog.com/2012/07/09/china-not-set-to-become-an-innovation-nation/

Source: http://chinachallenges.blogs.com/my_weblog/2012/07/china-not-set-to-become-an-innovation-nation.html

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