Enhancing Technological Progress in a Market-Socialist Context

the available evidence of China's S&T, R&D, and innovative capabilities, to provide an assessment of the effectiveness and potentialities of its national system of innovation (NSI) ), and to formulate some preliminary policy suggestions aimed at perfecting China's overall innovation strategy. Our approach focuses particularly on the evolving relationship between China's NSI and the country's overall market socialist social and economic system and on related policy challenges. In addition to generating technical progress, China's development strategy shall also take into account the challenge of establishing a model of innovation compatible with an equitable pattern of income distribution and with environmental sustainability, thereby paving the way to the eventual evolution towards a higher and more developed form of socialism In this context, we propose to consider the utility of nonlinear models of the POLIS (positive feed back innovation system) class, which are suitable to chart strategically the market socialist course, as their internal logic is consistent with China's unique catch up strategy.