Book excerpt: A number of indicators point to rapid and extraordinary shifts in the Chinese high technology landscape. This book examines how the Chinese way of transition to a market economy has superimposed in a complex interaction with Chinese institutions, industry and market to shape the country's technology trajectory. It analyzes how formal and informal institutions; and associated feedback mechanisms have influenced the Chinese high technology industry and market. A further goal of the book is to deeply investigate the nature, sources and quality of key ingredients related to the Chinese high technology industry. Finally, the book provides an insight into the status and focus of the Chinese high technology industry.