A global survey of business leaders released on Tuesday shows that while most expect China to dominate the world economy in a decade’s time, it won’t be through innovation.
In fact, over a third of those surveyed by the Harvard Business Review thought China already was the global economic leader, but ranked the country only just ahead of Japan in terms of innovation, and way behind the US.
Adi Ignatius, editor of the HBR, commented that “half of the respondents expect China to surpass the US as the global economic leader in the next ten years. On the other hand, there’s debate among this group about whether China is capable of overtaking the US as the leading source of innovation as well. Most think not.”
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