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Ms. Kathy Wang
Building 20, Zhongguancun Software Park, 8 Dongbeiwang West Road,
Haidian District, Beijing 100193
Tel:     +86-10-829666910

Email: wkathy2@ceibs.edu

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News & Events

Innovation in China: Research Findings From CEIBS Centre on China Innovation






May 13, 2014. Shanghai – Why has China become the world’s top destination for foreign R&D centres? What approaches are Chinese companies taking towards innovation and what unique advantages does China offer to foster innovation? What are the most innovative companies in China? These were among the topics explored today during a conference hosted by the CEIBS Centre on China Innovation (CCI) in which the Centre presented the results of its three-year study on innovation in China. Sponsored by AkzoNobel, Bosch, DSM, Philips and Shell the research looked at how both Chinese and foreign companies are approaching innovation in China, and how they are applying these innovations both in China and globally. In total 126 people participated in the conference including scholars, business leaders and CCI sponsors.
 

Read on for conference highlights:

Innovation in China: Research Findings From CEIBS Centre on China Innovation
CEIBS Visiting Professors Bruce McKern (left) and Dominique Jolly (right)

 

Former CCI Co-Director and CEIBS Visiting Professor of International Business Bruce McKern and Visiting Professor of Management Dominique Jolly shared the findings on why increasing numbers of foreign companies are locating R&D centres in China. Prof. Jolly explained the different stages of innovation, and said that the most sophisticated stage, knowledge-driven R&D, happens when research leads to product development. 

Prof. McKern said that Chinese companies are increasingly investing in innovation: “China’s investment in R&D is now 38% of the US”. He showed rankings of the most innovative Chinese companies (Alibaba, Huawei, and Tencent hold the top three spots respectively) and the companies who spend the most in R&D (Huawei, PetroChina and ZTE top this list). “There is no correlation between what you invest in R&D and how innovative you are,” Prof. McKern pointed out.

 

Innovation in China: Research Findings From CEIBS Centre on China Innovation
CCI Co-Director and CEIBS Professor of Management George Yip

 

CCI Co-Director and Professor of Management at CEIBS George Yip presented the findings of the Centre’s study of the 59 most innovative Chinese companies. The results also provided a look at the unique aspects of Chinese innovation, which include a greater focus on local needs, acceptance of “good enough” standards, a push for incremental innovations, and fast trial and error.

 

Innovation in China: Research Findings From CEIBS Centre on China Innovation
Strategy& Partner Steven Veldhoen

 

Steven Veldhoen, partner at Strategy& (formerly Booz&Company), said that China represents a unique innovation context, a “global innovation hub” where multinationals find strong innovators. The innovation strength of Chinese companies is recognized by 64% of multinationals, according to the CCI’s findings, and the China innovation model “will impact MNCs globally,” he said.
 

Max von Zedtwitz, Associate Professor of Innovation at Skolkovo Institute, spoke about the unequal distribution of global R&D. “The top 23 countries account for 90% of all R&D locations worldwide,” he said. “The vast majority of countries do not participate in global R&D.” 
 

Mark Greeven of Zhejiang University also focused on the role of R&D centres in China. According to research findings he presented, though innovation drivers for companies have become more diverse in recent years, one trend is clear: companies who innovate from China are pursuing innovation for both China and the rest of the world.
 

Dr. Ruicheng Li, Senior Vice President at SAP, explained the transition China has undergone, and how China’s output has gone from having a reputation of simply “made in China” to “created in China” to “innovated in China for the rest of the world”.
 

Innovation in China: Research Findings From CEIBS Centre on China Innovation
Head of Philips R&D China Klaas Vegter during panel discussion
 

“Innovation is not only for products. We need to look at the bigger picture. Supply innovation and management innovation are also key,” said AkzoNobel’s Chen Ling during a panel discussion with executives from Bosch, DSM, Philips and Shell. The event concluded with CCI Co-Director and Associate Professor of Management Han Jian providing an overview of the Centre’s upcoming research projects and events.

 

Innovation in China: Research Findings From CEIBS Centre on China Innovation
CCI Co-Director and CEIBS Professor of Management Han Jian




Sharing and Discussion among Senior  Executives  





CEIBS Faculty in Q&A





Panel Discussion - Sponsor Companies Seniro Executives





CEIBS Executive Director of Global Initiative Ms. Annette Nijs, CCI Co-Director Prof. Yip and sponsors in 
Recognition Certificate Ceremony    

 
Writer: Ana Galán Rodellar
Editor: Janine Coughlin
Photo Editor: Juana Zhou