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Paper Tigers, Hidden Dragons – Firms and the Political Economy of China's Technological Development - Oxford Scholarship Online
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Paper Tigers, Hidden Dragons: Firms and the Political Economy of China's Technological Development

Douglas B. Fuller


This book bridges the divide between the literature on China’s problematic financial system and assessments of China’s technological upgrading by connecting technological development outcomes in China’s technology-intensive sectors back to China’s political economy of finance. China’s domestic financial system fails most private firms by neglecting to give them sufficient support to pursue technological upgrading, while smothering state-favored firms by providing them with too much support. Due to their foreign financing, MNCs suffer from neither insufficient funds nor soft budget constraints, ... More

Keywords: China, political economy, information technology, high-technology, industrial policy, technology policy, value chains, globalization, development

Bibliographic Information

Print publication date: 2016 Print ISBN-13: 9780198777205
Published to Oxford Scholarship Online: August 2016 DOI:10.1093/acprof:oso/9780198777205.001.0001


Affiliations are at time of print publication.

Douglas B. Fuller, author
Professor, School of Management, Zhejiang University