China's Startup Ecosystem Policy and Implications
Hyun, Sangbaek; Lee, Hyojin; Oh, Yunmi; Cho, Koun | July 2020
Abstract
The Chinese government is moving toward a qualitative growth model in the era of “New Normal,” transitioning from the existing quantitative growth model. In line with the transition, since 2015 the Chinese government has been implementing a strategy of “mass entrepreneurship and innovation,” which involves building a startup ecosystem in order to solve youth unemployment and create new growth engines. Thanks to the success story of China's BAT (Baidu, Alibaba, Tencent) and these new policies, the startup entrepreneurship boom in China has grown rapidly, together with an explosive expansion of infrastructure and platforms for startups. To determine whether China's economy can be transformed into an innovative economy, we need to carefully examine and evaluate China's strategy and status of developing the startup ecosystem.
Citation
Hyun, Sangbaek; Lee, Hyojin; Oh, Yunmi; Cho, Koun. 2020. China's Startup Ecosystem Policy and Implications. © Korea Institute for International Economic Policy. http://hdl.handle.net/11540/12235.ISSN
2233-9140
Keywords
Civil Society Development
Agricultural And Rural Development
Development In East Asia
Infrastructure Development Projects
Institutional Development
Millennium Development Goals
Policy Development
Social Development Programs
Social Development
Business Startups
New Business Planning
SDG
Sustainable Development goals
Millennium Development Goals
Rural planning
Aid coordination
Industrial projects
Infrastructure projects
Natural resources policy
Educational development
Cultural Development
Development Economics
Development Issues
Rural planning
Aid coordination
Industrial projects
Infrastructure projects
Natural resources policy
Educational development
Development Issues
Globalization
Civil government
Common good
Federal government
Delivery of government services
Government missions
Social participation
Political participation
Community banks
Business planning
Infrastructure
Sustainable urban development
Social contract
Communication in rural development
Communication in community development
Economic development projects
Development banks
Economic forecasting
Environmental auditing
Cumulative effects assessment
Gender-based analysis
Sex differences
Job bias
Equal employment opportunity
Fair employment practice
Social participation
Political participation
Human rights and globalization
Government
Political development
Show allCollapse