Danilin Ivan
The Impact of the COVID Crisis on the Innovative Potential of Chinas Internet Platforms // Herald of the Russian Academy of Sciences. 2020. Vol. 90, Issue 6. P. 779-788. DOI 10.1134/S1019331620060271.
Publication Type:


ISSN 1019-3316

DOI 10.1134/S1019331620060271

Although the COVID-19 crisis has hit the Chinese economy hard, China’s Internet companies have benefited from the quarantine. However, the long-term consequences of the 2020 crisis for the development of the innovative potential of Chinese Internet corporations, primarily the largest platforms such as Alibaba, Baidu, Tencent, and JD.com as integrators of the Chinese Internet economy, are still unclear. This article provides a general overview of changes in the consumption of services of large platforms, including moderate growth in demand, strengthening of the segment of high-tech services (cloud solutions for business, digital healthcare, etc.), digitalization of small and medium enterprises, and expansion of the user audience. The innovative and technological initiatives of the platforms are analyzed. Within the framework of the announced state plans, large platforms, in partnership with regional authorities, business, and universities, intend to develop an advanced digital infrastructure (5G, data centers, etc.) and innovation infrastructure (digital clusters, technology parks, and research centers). Despite the lack of new breakthrough initiatives, the innovation capacity of the platforms is expected to strengthen in the long term. Presumably, the key role will be played by qualitative changes in the markets owing to the diffusion of digital technologies and competences, which will lead to an increase in demand for Internet innovations. The mechanisms of transforming market changes into a resource for innovative development of the platforms are associated with the expansion of market data, the emergence of a complex system of services, and unique innovative ecosystems of the platforms, making it possible to organize and coordinate the innovative activities of various entities, as well as to coopt promising start-ups able to create breakthrough innovations during the crisis.


Keywords: Internet platforms | digital innovation | China | knowledge-intensive online services | technology diffusion | COVID-19 pandemic |



OTHER PUBLICATIONS ON THIS TOPIC

Danilin Ivan
Digital Revolution and New Digital Markets: Competing Technology Platforms. In: Baykov A., Shakleina T. (eds) Polycentric World Order in the Making. 2023. Palgrave Macmillan, Singapore. P. 317-334. DOI 10.1007/978-981-19-5375-0_13.

Pankova Ludmila, Gusarova Olga
World Innovative Digital Expansion: Characteristics of the Moment // Herald of the Russian Academy of Sciences. 2022. Vol. 92, Issue 5. P. 617-628. DOI 10.1134/S1019331622050124.

Golunov Sergei, Smirnova Vera
Russian Border Controls in Times of the COVID-19 Pandemic: Social, Political, and Economic Implications // Problems of Post-Communism. 2021. DOI 10.1080/10758216.2021.1920839. URL: https://www.tandfonline.com/doi/abs/10.1080/10758216.2021.1920839?journalCode=mppc20. Published online: 15.06.2021.

Kasatkin P., Sumin A., Sheliubskaya Nataliya
International Knowledge Transfer // Bulatov, A. (ed.) World Economy and International Business. Contributions to Economics book series. Springer, Cham. 2023. P. 765-781. DOI 10.1007/978-3-031-20328-2_38.

Bardin Andrey
The Digital Divide in the Modern Megalopolis: Political Dimension // Social Sciences : A Quarterly Journal of the Russian Academy of Sciences. 2021. Vol. 52, Issue 4. P. 80-95. DOI 10.21557/SSC.72349731.

Milovidov Vladimir
Pandemic in the network society: Network readiness increases population vulnerability to COVID-19 in less developed countries // Acta Oeconomica. 2021. Vol. 71, Issue S1. P. 187-203. DOI 10.1556/032.2021.00035.

Danilin Ivan
The U.S.-China Technological War: Digital Technologies as a New Factor of World Politics? // Russia in Global Affairs. 2021. Vol. 19, Issue 4. P. 78-96. DOI 10.31278/1810-6374-2021-19-4-78-96.

Tsapenko Irina , Grishin Igor
Virtualization of cross-border labour migration // Herald of the Russian Academy of Sciences. 2022. Vol. 92, Issue 5. P. 580-589. DOI 10.1134/S1019331622050069.

Salitskii Alexander, Salitskaya E.
China on the Way to Global Technology Leadership // Herald of the Russian Academy of Sciences. 2022. Vol. 92, Issue 3. P. 262-267. DOI 10.1134/S1019331622030042.

Dynkin Alexander , Telegina Elena
Globalization and the World Order in the New Realities of the Post-COVID World // Herald of the Russian Academy of Sciences. 2021. Vol. 91, Issue 4. P. 414-418. DOI 10.1134/S101933162104002X.

Golunov Sergei
Pandemic Borders of Post-Soviet De Facto States // Journal of Borderlands Studies. 2021. DOI 10.1080/08865655.2021.1943495. URL: https://www.tandfonline.com/doi/abs/10.1080/08865655.2021.1943495?journalCode=rjbs20. Published online: 20.06.2021.

Afontsev Sergey , Kobrinskaya Irina, Machavariani Givi , Zagorskii Andrei, Zhuravleva Victoria, Zvyagelskaya Irina, Voda Kristina, Kozhanov Nikolay, Davydov Alexey, Davydov Oleg, Dmitriev Sergey, Lomanov Alexander, Lukonin Sergey, Malysheva Dina, Mikheev Vasily , Rabotyazhev Nikolay, Svistunova Irina, Ibragimov Ibragim, Kislitsyn Sergey, Solovyev Eduard, Kuzmina Elena, Surkov Nikolay, Utkin Sergey, Fedorovsky Aleksander , Frumkin Boris, Shvydko Vitaly, Kanaev Evgeny, Samarskaia Liudmila
Russia and the world: 2020 IMEMO forecast // New Perspectives. 2020. DOI 10.1177/2336825X20954758. URL: https://journals.sagepub.com/doi/10.1177/2336825X20954758. Published online: 16.09.2020.

Barsky K., Vinogradov A.V., Salitskii Alexander
Dialectic Unity of the Domestic and Foreign Policy of China On the Centenary of the Communist Party of China // Herald of the Russian Academy of Sciences. 2021. Vol. 91, Issue 4. P. 419-427. DOI 10.1134/S1019331621040067.

Salitskii Alexander
The United States and China: Deadlocks and Paradoxes of Trade War // Herald of the Russian Academy of Sciences. 2020. Vol. 90, Issue 4. P. 460-469. DOI 10.1134/S101933162004005X.

Tsapenko Irina
Knowledge workers: What is their role in the modern economy [Text] / I. Tsapenko, M.Yurevich // Herald of the Russian Academy of Sciences. 2014. V. 84. Issue 4. . 272 282.

Anosov Boris
Activating Consumer Demand as a Key to Successful Development of the PRC Economy // Studies on Russian Economic Development. 2021. Vol. 32, Issue 6. P. 705-711. DOI 10.1134/S1075700721060022.

Salitskii Alexander
Science and Technology in China: Modernization Accomplished [Text] / A.I. Salitsky, A.V. Vonogradov, E.A. Salitskaya // Herald of the Russian Academy of Sciences. 2016. Vol. 86. 1. P. 48 56.

Lomanov Alexander
Global Consequences of US‒China Confrontation // Herald of the Russian Academy of Sciences. 2021. Vol. 91, Issue 4. P. 410-413. DOI 10.1134/S1019331621040067.

Sadovaya Elena
Social Challenges of the Digital Economy: Russia in a Global Context // Social Sciences : A Quarterly Journal of the Russian Academy of Sciences. 2021. Vol. 52, Issue 4. P. 35-48. DOI 10.21557/SSC.72349728.

Lomanov Alexander, Yan Xiao
Chinas Theoretical Innovation and Economic Policy in the New Era // World Socialism Studies : ISSN 2096-2630. 2021. Issue 3. P. 14-19, 89.
Related publications


Comments (0)

No comments

Add comment







First news
Institute News
23/06/2024

The Council of Young Scientists and Specialists of IMEMO and the Primakov Center for International Cooperation will hold a Youth Session of the International Scientific and Expert Forum "Primakov Readings" on the theme "Russia in Changing World Order: Challenges and Opportunities" on June 22-–27, 2024.

more...

19/06/2024

On June 19, 2024 at 12:00 in the Academician Inozemtsev conference hall (3rd floor) a meeting of the Scientific and Theoretical Seminar of the Center for Asia Pacific Studies was held.

more...

Recently Published