From Catch-Up to Frontier-Innovation Growth. Philippe Aghion. Questions. How can China avoid the middle income trap and succeed in transition from “catch-up economy” to “frontier innovator”? Does this also require institutional change, not just policy change?
Source : The Governance and Performance of ResearchUniversities: Evidence from Europe and the U.S. – P. Aghion et alii – NBER avril 2009