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Digital Innovation by CICC Research, CICC Global Institute, Cicc Global Institute is a book available to read on EtoBox.

What is Digital Innovation about?

Innovation in digital industries is one of the key factors to building a country's competitiveness. With a focus on the semiconductor industry and the software industry, this chapter mainly analyzes the path of innovation of China's digital economy. Semiconductors are the cornerstone of the global information and communications technology (ICT) industry. The semiconductor industry has a global division of labor, with upstream and downstream players being interdependent and regional cooperation being indispensable. Although Chinese companies mainly focus on downstream intermediate products and end product assembly, we suggest China undertake a range of measures to promote innovation, especially those relating to semiconductor manufacturing. Software is also an important component of the digital economy. Currently, China's supply of system and high-end application software may not be sufficient, and China relies heavily on imports. This current situation may lead to security risks, including import suspension and data leaks, and also may result in a lack of long-term drivers for industrial upgrades. We believe the security risk of the software value chain is rooted in inadequate tech

Author

CICC Research, CICC Global Institute, Cicc Global Institute

Publisher

Springer Nature Singapore Pte Ltd Fka Springer Science + Business Media Singapore Pte Ltd

Published

2024

Language

EN

ISBN

9789819982301

Subjects

Economics, Business