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| The Status Quo of China’s Innovation Capability and Its Influencing Factors An Analysis Based on the Global Innovation Index |
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Abstract The strategic targets of constructing innovationoriented country were presented by the Chinese government.In order to promote the construction of innovationoriented country in China,the current status of innovation capacity of China need to be understood.Based on the Global Innovation Index from 2013-2017,China’s journey is summarized to be an innovative country.Meanwhile analyzed the gap of innovation capability between China and innovationleaders,compared the ranking trends between China and BRICS,the main features of current China’s innovative capacity are listed and the lack of innovative capacity of China are reflected in this research.this research identified the position of China in the global innovation map.On the one hand,China’s growing success in innovation would have strong effects on the global innovation are revealed.On the other hand,many obvious flaws existed in innovative capacity are pointed out.Specifically,Based on the strength and weakness analysis,the research showed that the innovation capacity of China still possessed many obvious flaws,including the weak institution environment,low creative outputs and lower level of market sophistication.Some recommendations to eliminate obstacles and prompt innovation were put forward.This research is of great significance for the understanding the current status of innovation capability of China and prompting the construction of innovationoriented country in China.
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