A strategic management perspective of science and technology ventures by China

Sanjeev Devasthali  lowast

doi:10.17485/IJST/v13i20.373

Article

A strategic management perspective of science and technology ventures by China

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Indian Journal of Science and Technology

DOI: 10.17485/IJST/v13i20.373

Year: 2020, Volume: 13, Issue: 20, Pages: 2041-2056

Original Article

A strategic management perspective of science and technology ventures by China

Sanjeev Devasthali^1∗

1 Research Scholar, School of Management Studies, IGNOU, Delhi, India. Tel.: +91 9868208186

∗Corresponding author:
Sanjeev Devasthali
Research Scholar, School of Management Studies, IGNOU, Delhi, India.
Tel: +91 9868208186
Email: [email protected]

Received Date:20 April 2020, Accepted Date:22 May 2020, Published Date:19 June 2020

This work is licensed under a Creative Commons Attribution 4.0 International License.

Abstract

Objectives: To analyze the primary strategic motives for China venturing into Disruptive Technologies and Innovations R&D at a very rapid pace. China has been galloping the Technology Highway for the past decade, with technological and innovation inroads in almost all the key sectors with the government playing a pivotal role. Method: The apparent drivers for the rapid strides in technology are economic growth, social development and the national aspirations of establishing a powerful and prosperous China. Forays in disruptive technologies has been preceded near-simultaneously by a plethora of strategic geopolitical ventures by China within its land mass, in the various seas, across the Asian, Europe and African continents and also in the space dimension. Thus, the methodology adopted is to study the various strategic initiatives China has implemented in the backdrop of global geopolitics. Thereafter, correlate the disruptive technologies to the various Chinese strategies. Findings: The initiatives to be a world leader in Disruptive Technologies correspond to China's other Strategic programs in global geopolitics and expansionist steps in the five dimensions of Land, Air, Sea, Space and Cyber Space. This cannot be dismissed as a mere coincidence. This study establishes that Technology is the common underlying driver of all the geopolitical overtures, viewed as strategic overlays, by China. Further, it is found that China is boosting R&D on dual-use technologies as compared to the single civil-end use technologies to complement its military component in implementation of its strategic manoeuvres. Application: The study will facilitate in mapping the global repercussions of these technologies, especially in the Indian sub-continent, given the stand-off relationship between the two nations.

Keywords: Technology management; China's science & technology policy; Science & technology road-map; India implications; Strategic management

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Copyright

© 2020 Devasthali. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Published By Indian Society for Education and Environment (iSee)