The growing role of Chinese innovation and the key UK policy challenges

This report is evidence submitted to the Institute for Public Policy Research in response to a call for evidence on the 'future of globalisation'.

Over the last decade emerging economies have seen impressive growth in innovative activities. None has been more impressive than China. The trends have fuelled widespread concerns over Western economies' ability to maintain their dominance in knowledge creation and high skill employment. However, innovation is not a zero‐sum game; the success of emerging economies need not be at the expense of the West. The key is for knowledge economies to continue to invest in skills and science such that they are in a position both to compete for and to engage collaboratively in tomorrow's breakthroughs.