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Title The globalization of China's health industry : industrial policies, international networks and company choices / Marco R. Di Tommaso, Francesca Spigarelli, Elisa Barbieri, Lauretta Rubini
Published Cham, Switzerland : Palgrave Macmillan, 2020

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Description 1 online resource
Series Palgrave studies of internationalization in emerging markets, 2662-1185
Palgrave studies of internationalization in emerging markets.
Contents Chapter 1China's role in World health industryThe Chapter provides a critical overview of the main ideas underlying the book and sets the ground for the whole publication. It conceptualizes the starting point of our analysis, as well as goals and key contribution to the existing literature, current policy debate and firm level implication. It summarizes existing publications and available contributions on both theoretical and academic papers and reports. The starting angle is China and how, in an historical perspective, it is changing its role in global manufacturing. In particular, from being the factory of the world, China is gradually becoming a leader in technological advanced productions. The health industry is a crucial sector in this perspective for at least 2 reasons: -- It can support internal sustainability and a new normal growth
It is a crucial part of the bigger reform of the healthcare system, which is supposed to guarantee access to basic products and services to the population (demand side perspective);- It leverages on high value added productions, advancing the role of China as global innovator (supply side perspective). China is becoming increasingly important at the world level as regards the production of specific health related products, as data show. China is shifting attention from demand side of the healthcare sector, to the supply side. An important restructuring process is taking place in the Chinese industry, which involves higher domestic concentration and international ventures of Chinese firms. The government is playing a crucial role in shaping this process, through the release of a series of integrated industrial policies, including the support to the 'Go Global' strategy of the sector
Summary This book explores the ongoing transition of China's economy by examining how its healthcare industry is growing and changing. The coronavirus pandemic has reinforced one of the authors' key points: in our complex, fragile, and interconnected societies, the production of health is a vital strategic 'industry'. The case of China is particularly salient, because of its economic and geopolitical significance, and the scale of the healthcare challenge it has faced. Adopting a multi-level perspective, the authors examine the entrepreneurial role of the Chinese government as it seeks to strengthen the competitiveness of domestic firms. They analyze the strategies employed to improve China's technology and capacity for innovation, and discuss China's strategies and policies to ensure knowledge acquisition and creation in the long-term, with particular reference to international scientific collaborations. This book is a must-read for students, researchers, and policymakers interested in the prospects and challenges posed by the growth of the Chinese healthcare industry and its global impact
Bibliography Includes bibliographical references and index
Subject Medical care -- China
Health economics.
Business & management.
Medical -- Administration.
Business & Economics -- International -- General.
Medical care
China
Form Electronic book
Author Di Tommaso, Marco R.
Spigarelli, Francesca.
Barbieri, Elisa.
Rubini, Lauretta.
ISBN 9783030466718
303046671X