- Hardcover: 288 pages
- Publisher: Wiley; 1 edition (April 12, 2011)
- Language: English
- ISBN-10: 0470827963
- ISBN-13: 978-0470827963
- Product Dimensions: 6.2 x 1.2 x 9.2 inches
- Shipping Weight: 1.2 pounds (View shipping rates and policies)
- Average Customer Review: 6 customer reviews
- Amazon Best Sellers Rank: #916,039 in Books (See Top 100 in Books)
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Chinnovation: How Chinese Innovators are Changing the World Hardcover – April 12, 2011
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"Earnest and research on hard-to-find details about Chinese entrepreneurs" (Channel Newsasia)
"Shows how Chinese companies of every stripe have overcome the barriers to successful, profitable innovation." (CNBC)
"Compelling read." (Business Line)
"Compass for a new and revolutionary world." (China Daily)
"Primer on what some of China's best innovative business leaders have in common." (The Nation)
"Takes readers from this world of translating ideas into global competitive companies." (Korea Times)
"Shows how Chinese companies of every stripe have dispelled this myth of "Manufactured in China."" (BFM Radio 89.9)
"Will continue to be a major talking point in everyone's career." (Innovation Management)
Innovation in China has gone through a transformation and nowrivals the Silicon Valley in its creativity, entrepreneurship, andhuman drive. This book hits a nerve. Chinese start-ups are rockingthe world! Yinglan Tan captures a snapshot in Chinnovationthat most journalists have been blind to. China is not just makingcheap imitations, China is thought-leading.
--Timothy C. Draper, Founder and Managing Director,Draper Fisher Jurvetson
Chinnovation is a must read for anyone interested in whatwill surely become one of the major stories of the next fewdecades, as China's innovators drive up the value curve on the fastline. No one is better placed than Yinglan Tan to provide keyinsights, directly useful to business people seeking to learn aboutthe China-way of entrepreneurship.
--Jonathan Story, Emeritus Professor of InternationalPolitical Economy, INSEAD and Author of China Uncovered
China has transformed tremendously over the last few decades andnow, through innovation, its burgeoning Chinese entrepreneurialclass are driving China to a whole new level. WithChinnovation, Yinglan Tan delivers to readerswell-researched and timely insights on what China has to offer tothe world.
--Loh Hoon Sun, Managing Director, Phillip Securities PteLtd and Chairman, Board of Advisors, OTC Capital
The global innovation landscape is undergoing profound changes andChinese companies are challenging the traditional innovationconcept. Innovation has become a new feature of entrepreneurship inChina. Whether you are planning on establishing a partnership withChinese companies to build global innovation capability, or already a participant of the competition in China market, I highlyrecommend that you read this book.
--Liu Jiren, Chairman and CEO, NeusoftCorporation
The eight Rs of Chinnovation, combined with the InnovationStack framework is an amazing solution to make innovation in Chinabetter understood for corporate executives, entrepreneurs,investors, and educators. Yinglan Tan bridges the key concepts andwinning techniques used by Chinese innovators and translates itinto a structured process, hence, a joy to read for allstakeholders.
--Martin Haemmig, Senior Advisor on Venture Capital,SPRIE, Stanford University
This is a timely and relevant book to review China's innovationpath. Over the years there has been more localization andmore adoption of existing technology for implementing inChina. With China assuming a greater role in the world'seconomy and developing a more powerful domestic market,Chinnovation will surely emerge as a key innovation source for theworld.
--York Chen, President and Managing Partner, iDTechVentures Ltd.
Innovation in China is a hot topic with global implications. Companies and investors hoping to capitalize on China's growth mayhave underestimated the groundswell of innovation happening today.Through his new book, Chinnovation, Yinglan Tan demystifies thistopic and provides entrepreneurs, managers, and investors withimportant knowledge on China's business market. A compelling readfor anyone interested in China's future and its impact on theglobal economy.
--Jens H. Molbak, Founder and CEO, Coinstar (NASDAQ:CSTR)
Yinglan Tan's book could not be more timely. China's success asa factory for the world and the fundamental transformation it hashad on global industries and markets, while impressive, isyesterday's story. Yinglan introduces us to the individualsand firms who are driving tomorrow's story of China's emergence asa locus of innovation that will have major implications forconsumers, firms, and economies around the world.
--Steven White, Associate Professor, School of Economicsand Management, Tsinghua University
Informative and entertaining! Brimming with brilliant analysis andactionable insights. How do Chinese entrepreneurs survive in China?They innovate like crazy, in ways that will amaze most Westerners.Hear their authentic voices as they describe the real strugglesunderlying monster successes like Alibaba and Tencent. This book isa wake-up call, a must-read for anyone fascinated with China!
--Po Chi Wu, Adjunct Professor, School of Business andManagement
Hong Kong University of Science and Technology
Since Schumpeter, much has been written on Innovation Economics.Given the growing role of China in the global economy,professionals worldwide, as well as entrepreneurs in China, shouldread Chinnovation. Based on many real-life cases, this firstsystematic study of innovation in China offers a broad view, oftenin lively detail.
--You Xing, Chief China Representative, Paris RegionEconomic Development Agency
Convergent incomes and divergent growth between East and West isthe economic story of our times. China leads this charge and isre-establishing itself as a center for global technology andinnovation. I love the way Chinnovation draws on the warstories of Chinese entrepreneurs and investors to dispel the mythsand proffer practical advice to the next generation of high growthmultinationals.
--Daniel Heaf, Director of Digital, BBCWorldwide
A great book to shed light on what kind of innovation thrives inChina and what makes it work. I highly recommend this book toentrepreneurs who wish to capture Chinese markets. Yinglan Tan hasdone a remarkable job in analyzing the reasons behind the successesand failures of these new Chinese companies. All are invaluablelessons for the newcomers.
--Jennifer Pan, Managing Director, ChinaSense,Inc.
Chinnovation is definitely an exciting read. It showsreaders how China's economic growth has been fuelled by hardworking and innovative entrepreneurs, and not just because ofgovernment-led policies. Chinnovation proves that the transitionfrom "Made in China" to "Innovated in China" is indeed areality.
--Ikkei Matsuda, President and CEO, Hokkaido VentureCapital, Inc.
Yinglan Tan offers a fresh and unconventional look at innovationand entrepreneurship in the world's second largest economy.Chinnovation is an insightful project that removes the mythsand secrecy to present the true picture of Chinese entrepreneursand how innovation is driving the country in the 21st century. Amust read for all interested in innovation, entrepreneurship, andChina.
--Irina Anghel, Secretary General, South Eastern EuropePrivate Equity and Venture Capital Association
As the crucial innovation battleground for high growth businessesof the future, China is both alluring and intimidating, withrapidly changing market conditions and regulatory landscape,intense competition, and unique rules of engagement. Against thisbackdrop, Chinnovation provides a refreshing, modern Art ofWar treatise on the Tao of creating successful innovation inChina.
--Ku Kay Mok, Partner, Gobi Partners
The book brings to life the most intelligent and promising youngentrepreneurs in China, demonstrate how local entrepreneurs cansucceed with local insights and local executions to address localneeds. Yinglan Tan presents a whole new angle to look atinnovation in China and how China and the world might benefit fromthese "chinnovations" and "chinnovators".
--Zhao Hanxi, Director, CITIC Capital
As China progresses through another rapid evolution andtransformation of its industries, we see a rapidly growing field ofChinese entrepreneurs that can propel China to possibly top theglobal tables in creativity and innovation. Chinnovationreveals to readers the truth behind these Chinese start-ups andtheir journey through innovation. This is a must-read for would-beentrepreneurs and seasoned business leaders alike.
--Patrick Lee, Executive Chairman, Sing Lun HoldingsLimited
Yinglan Tan takes us on a journey through extraordinary stories ofentrepreneurship in China. An easy read, it is sure to make youfeel like you have lived and breathed the air of opportunity thatChina represents today, far beyond the statistics seen in popularpress and analyst briefings. You get the unique privilege ofgetting into the minds of the entrepreneurs, seeing their rapidingenuous actions and you find yourself celebrating theirstupendous results. A must read!
--Rajen Makhijani, Management Consultant, Heidrick andStruggles
and Award Nominated Bollywood Screenwriter usi e
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It is a pragmatic view, not always what you would expect---or would like to read---but that is precisely what makes it useful. Some of the data presented is too optimistic and perhaps drives into simplistic conclusions, for example the explanations on why local Chinese Internet players have dominated the market. The competitive environment in China is different from that in the USA or other developed nations, with a very strong influence by the national agenda and a lower level of maturity of the legal system.
The book also covers China's innovation philosophy which is based more on gradual innovation (combination of existing innovations) versus true disruption, which is typically supported by many years of government funded basic research. The books shows plenty of examples of these but I would have liked to see more about how these Chinese innovations, particularly around the Internet, can or cannot be exported elsewhere, a true sign of global success. You are left with the impression that these innovative companies can only succeed in the Chinese market.
I met the author, Tan Yinglan, recently at a conference in Shanghai. His presentation was top notch and was the key motivating factor in me getting this book to help navigate shark filled waters
He also bends the truth from the onset as he claims China's innovation will push it to be the most technologically advanced country in 10-20 years but focuses the content of the book on China's capability in process innovation--which isn't used to create new ideas or products but rather is taking someone else's idea and finding new ways to make a profit. If that is true, it kind of raises the question of how much China is going to profit from counterfeiting and piracy and why the government would do anything to end the party. Also, you can't become "the most technologically advanced" if all you're doing is stealing ideas and reselling them as your own.
The sad truth of the situation is that China has a financial crisis every decade since 1979 and is kept alive by a continuous ponzi scheme to lure foreign money into the country. Red Capitalism by Carl Walter gives a more even weighing of the situation by recognizing the blazing growth of China as well as potential risks to keep in mind. Yinglan Tan on the other hand is a Venture Capitalist who is marketing China to boost his own business. Yinglan Tan says that China is a continuous source of cheap labor while waving off the fact that the majority of white collar workers in China have never attended college and those that do still graduate unqualified to be hired at any multinational corporation. His hope is that he will have already collected his commission before you realize this.