1: Introduction: China's Transformation into an Innovation Nation, William Lazonick, Yu Zhou, and Yifei Sun 2: Evolution of Chinese State Policies on Innovation, Yu Zhou and Xielin Liu 3: Venture Capital in China, Jun Zhang 4: China's Mechanical Engineering Industry: Offering the Potential for Indigenous Innovation?, Ingo Liefner and Gang Zeng 5: Chinese Indigenous Innovation in the Car Sector: Being Integrated or Being the Integrator, Kaidong Feng 6: High Speed Rail Development in China - A Case Study of State-guided Technology Transfer, Rongfang (Rachel) Liu, Liu (Willow) Lv and Zhaodong (Tony) Huang 7: State, Market, and Business Enterprise: Development of the Chinese Integrated Circuit Foundries, Yin Li 8: Catching up and Developing Innovation Capabilities in China's Telecommunication Equipment Industry, Peilei Fan and Xudong Gao 9: State, Multinational Corporations, Returnees and Development of China's Integrated Circuit (IC) Design Industry, Yifei Sun, Zi Xue and Debin Du 10: The Evolution of China's Mobile Phone Industry and Good-enough Innovation, Shin-Horng Chen and Pei-Chang Wen 11: The Development of China's Wind Power Technology Sector: Characterizing National Policy Support, Technology Acquisition and Technological Learning, Joanna I. Lewis 12: The Rise of the Chinese Solar Photovoltaic Industry: Firms, Governments, and Global Competition, Matthew Hopkins and Yin Li