The paper examines the diverse prospects of innovative sectors in Beijing and Shanghai using available indicators and data collected for this study through surveys. While Shanghai lags behind Beijing in knowledge creation and the generation of startup companies in the innovative sectors, it takes the lead in the commercialization of technological innovations and the development of creative cultural industries.
Link
http://www-wds.worldbank.org/servlet/WDSContentServer/WDSP/IB/2005/03/24/000012009_20050324134307/Rendered/PDF/wps3545.pdf