How Beijing innovates: Lessons from China’s market-state hybrid model
Beijing has developed a unique model for innovation that combines the efforts of universities, start-ups, industry, and the state to turn research into commercially viable technologies. This model is helping to bridge the gap between research and commercialization, often referred to as the "valley of death." As a result, China's innovation ecosystem is driving advancements in fields such as artificial intelligence and humanoid robotics. This hybrid approach has significant implications for the global economy, as it could potentially disrupt traditional innovation models and challenge Western…
Read the source report: The Hindu
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