Authors: Xiaobo Wu, Gang Fang
How can Chinese-style growth escape the middle-income trap? What are the paths and models for Chinese enterprises to transcend catch-up? How can innovation build the power to navigate cycles? Based on Professor Wu Xiaobo's over thirty years of in-depth and systematic research on the innovation management practices of Chinese enterprises—from catching up to transcending catch-up—this book summarizes their patterns. Starting with the Questions for the Century posed by the journal Science, it first delves into the journeys and experiences of the few countries worldwide that have successfully achieved catch-up development. Simultaneously, it systematically sorts, studies, and summarizes the trajectory, experiences, and lessons of China's catch-up efforts from the Westernization Movement to the Reform and Opening-Up era. It then provides a systematic review and rational critique of existing catch-up theories.
Building on this foundation, the book analyzes and discusses aspects such as secondary innovation, secondary business model innovation, dual-drive mechanisms, windows of opportunity, and the national innovation system. It conducts a systematic analysis and theoretical construction of the transcending catch-up model. The book meticulously studies the innovation management practices of Chinese enterprises in their journey from catching up to transcending catch-up, summarizes the underlying principles, and constructs a theoretical and methodological system for seizing windows of opportunity during paradigm shifts to achieve transcending catch-up. It also presents a cross-technology lifecycle management method derived from the transcending catch-up theory, offering a Chinese solution for enterprises on the catch-up path to achieve and surpass their goals.