Smart Century: The Knowledge Economy and Its Challenges to China: The Knowledge Economy and Its Challenges to China

Author: Ding Yifan
Publisher:
Publish Date: 2000-01-01
Features: This book discusses the core of the knowledge economy lies in the rational utilization of human capital and the continuous improvement of corporate innovation capabilities. Among these, human capital is the foundation of the knowledge economy, encompassing the entire system of social organizational forms. Clinging to outdated systems and being infatuated with outdated customs will lead the "knowledge economy" to remain on paper; whereas corporate innovation is the essence of the knowledge economy and the result of the rational application of human capital, it is always the source of corporate growth and development. Innovation is not only the work of top talent, whether in high-tech enterprises or basic industrial enterprises, but it relies on the innovative spirit and talent of all employees in the company. The author, Dr. Ding Yifan, has extensive academic exchanges with the Organization for Economic Cooperation and Development (OECD), access to broad and timely information sources, and a solid academic foundation. Therefore, this book is an invaluable reference for the study of the "knowledge economy" in China. This book discusses the core of the knowledge economy lies in the full utilization of human capital and the continuous improvement of corporate innovation capabilities. Among these, human capital is the foundation of the knowledge economy, encompassing the entire system of social organizational forms. Clinging to outdated systems and being infatuated with outdated customs will lead the "knowledge economy" to remain on paper; whereas corporate innovation is the essence of the knowledge economy and the result of the rational application of human capital, it is always the source of corporate growth and development.