Development of technological innovation in China: core competence-based innovation portfolio

In this paper, the locus of China' s technological innovation is introduced. Based on this, that necessary for a paradigm shift in technological innovation is presented. Core competence, innovation portfolio, and the interaction between them are discussed. Some cases of core competence-based innovation are provided as well as some patterns of firm's competence building and enhancing. Finally, the role of government in technological innovation is discussed.