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Has China Become An Innovation Giant?
China’s scientific and technological innovation appears to have skyrocketed in the 21st century. Is it real or illusory? Does it rest on homegrown talent?
October 28, 2026
Published: May 11, 2021
The world is an extraordinarily better place than it was just a couple of centuries ago. Notably, free societies with more robust economies have been on the rise. There is reason to be optimistic as the long-term trend toward more freedom and a higher standard of living continues.
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China’s scientific and technological innovation appears to have skyrocketed in the 21st century. Is it real or illusory? Does it rest on homegrown talent?
October 28, 2026
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On October 12, Hoover Institution Senior Fellow Robert E. Hall was awarded the 2026 Nobel Prize in Economic Sciences alongside Michael Woodford for groundbreaking research that transformed economists’ understanding of how the total mass of individual household and business decisions shape the broader economy.
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