Government’s Catalytic Role in Emerging Economy: Critical Comparison of China’s Conspicuous Strength in Wind and Solar Industry

Abstract

In light of a conspicuous strength in China’s solar and wind industry in recent years this paper analyses the catalytic role of the government in inducing the institutional source of its strength. Critical comparison of the two industries show China’s renewable energy policies for wind industry was more effective than the solar industry through adopting a self-propagating functionality development through fusing the external technology with domestic industries know-how to co-evolve both production and diffusion through effective assimilation. This suggests a new insight for growing economy to devise effective policy framework to develop a globally competitive industry

  • Page Number : 7-48

  • Keywords
    Fusion, learning, global best practices, growing economy, global competitiveness

  • DOI Number
    https://doi.org/10.15415/jtmge.2013.41001

  • Authors

    • Narasimalu SrikanthNational University of Singapore, Singapore
    • Chihiro WatanabeTokyo Seitoku University, Japan

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