Book review: China’s next strategic advantag: from imitation to innovation by George S. Yip and Bruce McKern

In China’s Next Strategic Advantage: From Imitation to Innovation, George S. Yip and Bruce McKern suggest that China has leapt successfully from being an imitative to an innovative country. As Chinese companies become increasingly innovative and perform better in domestic and international markets, the authors argue that other countries need to learn from China or risk lagging behind. Besides analysing both Chinese firms and MNCs in China, the book also taps into questions of open innovation and intellectual property protection practices. Yao Han appreciates the use of detailed examples and cases in illustrating the process towards innovation in China.