7 August 2026

Beijing model of innovation

The Beijing model provides a relevant international case study on state-led innovation ecosystems and bridging the 'valley of death' in technology commercialization, which can be used as comparative context in GS3 answers regarding industrial policy and R&D investment.

Questions

1. Examine the role of the state in fostering an innovation ecosystem, with reference to the 'Beijing model' of integrating research, capital, and industrial policy. 150 words
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2. The 'valley of death' remains a significant hurdle in translating academic research into commercial success. Discuss the mechanisms through which state intervention can mitigate this risk while ensuring fiscal prudence and market efficiency. 250 words
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Prelims

1. What is the primary objective of the 'intelligent platform for results commercialisation' in the Beijing innovation model?

   1. A To exclusively manage the import of foreign robotics technology
   2. B To regulate the land acquisition process for research universities
   3. C To replace private venture capital with state-only funding
   4. D To bridge the gap between academic research and commercial application

2. Which of the following is a noted risk associated with state-backed capital in innovation ecosystems as highlighted in the Beijing model?

   1. A Inadequate due diligence leading to wasteful spending
   2. B Excessive focus on short-term profit over long-term growth
   3. C Lack of interest from research universities
   4. D Over-reliance on foreign direct investment