Chinnovation: How Chinese Innovators are Changing the World

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More About This Book

Overview

It is widely-believed that China's entrepreneur has grown and their businesses are succeeding primarily due to their knowledge of the domestic market, quick adaptation to market changes, and their resourcefulness. But innovation? Forget about it.

Well, not quite.

Drawing on a wealth of on-the-ground stories and thorough research, Chinnovation: How Chinese Innovators Are Changing the World shows how Chinese companies of every stripe have dispelled this myth and overcome the barriers to successful, profitable innovation.

  • How did Neil Shen, co-founder of CTRIP Capital China, see the opportunity for a Chinese travel site? 
  • How did Ray Zhang, CEO of Ehi, scale up one of the most innovative hybrid car-rental companies in China? 
  • How did Zhang Tao, CEO of Dianping, start a ZAGAT-inspired user-review site for restaurants and establish a continuous process of innovation?

Yinglan Tan has spent more than five years learning the secrets of Chinese innovators, a fast-growing subculture playing key roles in China's transformative transition from "Made in China" to "Innovated in China." Learn:

  • What is the path that an innovative Chinese private-owned enterprise take?  
  • How blue-chip innovators remix business models successfully in China?
  • What are the capabilities that these innovative companies acquire? 
  • How they harness the necessary resources and navigate around legal restrictions?
  • How do they attract, train and retain talent? 
  • How do these companies experiment with innovative approaches and also manage the risk of innovation? 
  • What are the lessons learnt and how would these entrepreneurial innovators advise others who are embarking on the same journey?

China's rapid economic growth has made it a crucial market but multinational corporations are now competing with China's own homegrown businesses. Chinnovation: How Chinese Innovators Are Changing The World uncovers the common threads amongst Chinese entrepreneurs as they reach into a wider world.

Product Details

  • ISBN-13: 9780470827963
  • Publisher: Wiley, John & Sons, Incorporated
  • Publication date: 4/12/2011
  • Edition number: 1
  • Pages: 288
  • Sales rank: 796,808
  • Product dimensions: 5.90 (w) x 9.10 (h) x 1.40 (d)

Meet the Author

Yinglan Tan is a Kauffman Fellow and serves on the boards of several innovative growth ventures and venture capital funds in Asia. He was the first director of 3i Venturelab China, a joint-venture between private equity firm 3i (LSE:III) and INSEAD, one of the world's leading business schools.
Educated at Harvard, Stanford, and Carnegie Mellon, Yinglan is now an Adjunct Assistant Professor at the Nanyang Business School where he teaches in the Masters program in Technopreneurship and Innovation (Chinese).  He also works with the Singapore Government to enhance the innovation and enterprise landscape in Singapore.
Yinglan was named one of 100 Leaders of Tomorrow by the St Gallen Symposium in 2010. He is also the praised author of The Way of the VC: Having Top Venture Capitalists on Your Board (Wiley, 2010).

Table of Contents

Acknowledgments.

Introduction.

Chapter 1 Welcome to the World of Chinnovation.

Chapter 2 The Star Innovators’ Call to Adventure: Starting Up: How Star Entrepreneurial Innovators Smell Blood and Meet Market.

Chapter 3 Star Innovators Recognize Scope Innovation.

Chapter 4 Star Innovators Choose the Right People for the Right Jobs.

Chapter 5 Star Innovators Learn from Mistakes and Make Calculated Bets on Cross-Disciplinary Innovation.

Chapter 6 Star Innovators Spread Their Wings: Innovations in Scaling.

Chapter 7 Star Innovators Become Industrial Evolutionists: Maximizing the Returns of Innovation.

Chapter 8 Conclusion.

Bios of Interviewees.

Index.

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