Innovation and E-Commerce Development in China

Due to a vanishing advantage of its labor cost and other competing forces, innovation has become increasingly important for Chinese market. Meanwhile, the current trade talks between the US and China have triggered new attention and uncertainties to the world's economic landscape. The lecture will help students gain deeper appreciation of the complexities and driving forces in present day Chinese economic development, and provide them with the first-hand knowledge of the status quo of Chinese innovations in four categories (e.g., science-based, consumer-based, engineering-based and efficiency-based). Students will learn how a uniquely large-sized Chinese market and state-led initiatives influence and contribute to Chinese innovation and the developments of E-commerce. It also discusses if “follower’s advantage” applies in China, how the US-China trade conflicts may impact Chinese firms’ prosperity, and cooperation and economic integration in a global era.