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China's Innovation Economy

Artificial Intelligence and the New Silk Road

Routledge Studies in the Economics of Innovation
China's Innovation Economy
China's Innovation Economy
  • Forfatter: Jon-Arild (Nord University Oslo Norway) Johannessen
  • Format: Pocket
  • Antall sider: 164
  • Språk: Engelsk
  • Forlag/Utgiver: SD Books
  • Serienavn: Routledge Studies in the Economics of Innovation
  • EAN: 9781032078779
  • Utgivelsesår: 2023
  • Bidragsyter: Johannessen, Jon-Arild (Nord University, Oslo, Norway)
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Two trends will have more influence than anything else on the world¿s future political and economic situation: the development of artificial intelligence and the emergence of China as a competitor to the United States on the international stage.

This book is about the emerging innovation economy. It uses systems theory and evolutionary economics as a theoretical point of departure and explains why the focal point of the geopolitical stage is moving away from the alliance between the United States and Europe, and towards an alliance between China, the 14 Regional Comprehensive Economic Partnership countries, the countries along the new silk road, and Europe.

The book argues that the globalization strategy of neoliberalism laid the foundation for the Chinese economic engine. Whereas the old globalization was driven by cost differences generally, and wage costs specifically, the new globalization is driven by divergence in competence in general, and technological competen