Can China create its own Silicon Valley? Ask a Nobel laureate

Chemist Akira Yoshino lays out criteria for nurturing innovation

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Nobel laureate Akira Yoshino says innovation hubs need freedom, money and risk takers to thrive. (Nikkei montage) 

KENJI KAWASE, Nikkei Asian Review chief business news correspondent

TOKYO -- Does China have what it takes to create its own Silicon Valley?

For Akira Yoshino, who shared this year's Nobel prize in chemistry for his work on lithium-ion batteries, it is a question well-worth considering. Silicon Valley has produced many of the world's most exciting technological breakthroughs, the 71-year-old chemical engineer argues. Whether China can nurture a similar hub of innovation remains a matter of debate.

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