How do you kickstart innovation? Here are some pointers Beyond the law of supply and demand, one of the few things that most economists and policymakers agree on is that innovation is a very good thing. Most authorities acknowledge that the tremendous gains in lifespan and living standards made over the past 300 years have […]
Invisible Hand Revealed: Mobile Apps that Move Cabs
In an earlier article I discussed how the regulation of Beijing’s taxi fares had taken taxis off the road. Recently there has been a spate of mobile applications (mobile apps) to address this problem: DiDiDaChe and YaoYaoZhaoChe in Beijing, KuaiDiDaChe in Hangzhou, and DiDi and KuaiDi in Shanghai and Guangzhou. Although varying slightly, these apps […]
Lost in Thailand: Revolutionizing China’s Movie Market
Lost in Thailand, a Chinese slapstick comedy, recently created a box office record of sorts. Released in China on December 12th, 2012, as a low-budget sequel to Lost on Journey, the film became an overnight success earning over $202.1 million in box office revenue. By January 1st, 2013, it earnt over RMB 1 billion, becoming […]
Download the March 2013 issue of CKGSB Magazine: Tapping homegrown innovation
You are invited to download the March issue of CKGSB Magazine. You’ll enjoy articles and interviews like: COVER STORY: Innovation: Incubators tap homegrown innovation in China. With close similarities to incubators in Silicon Valley and an arsenal of China-specific tactics for start-up success, Chinese incubators are moving beyond the traditional role of incubators. They are creating […]
The High Growth Conundrum: Surviving the Financial Risks of Fast Growth
Fast growth might seem like a dream come true for an entrepreneur. What could be better than watching your vision turn into happy customers and hundreds or thousands of busy employees? The reality, however, is that a period of hypergrowth can be extremely dangerous for a young company—sometimes even fatal. Indeed, many fast-growing companies implode […]
Sir Tom Hunter and his Idea of Venture Philanthropy
An interview with Sir Tom Hunter, noted entrepreneur, philanthropist and Scotland’s first billionaire. Sir Tom Hunter’s story is an inspiring one. The son of a grocer in a small mining village in Scotland, he started a business selling sneakers from the back of a van. From humble beginnings, he went on to create sportswear retail […]
The Hypergrowth Conundrum: Q&A with Noam Wasserman, Start-up Statistician
After surviving his own founding pitfalls and watching the failure of many other founding teams when he worked for a venture capital firm, Noam Wasserman began to see patterns in who succeeded and who failed. He tried to find out more, but discovered that although a lot had been written on the question, almost all […]
Beyond Profits: China’s Social Entrepreneurs
A new breed of entrepreneurs takes on China’s most vexing problems
Getting real about private equity in China
Capital raising for China-focused private equity funds is booming. In China, however, merely writing a check might not be enough for realizing returns. According to the Emerging Markets Private Equity Association (EMPEA), private equity funds in China raised $12.9 billion in the first three quarters of 2011, a marked increase from the $7.5 billion generated […]
Game theory: How companies adapt for the game industry in China
China is a daunting place to bring intellectual property. It’s especially tough for businesses that produce content, like movies and music. Widespread piracy has all but shut out Western publishers, record labels, and television studios. But for the video game industry, the Chinese gaming market is becoming central to growth. Not only is it vast […]
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