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 […]
‘Creating’ Creativity
A recent global IBM CEO survey says that the majority of CEOs who participated believe the key to navigating today’s uncertain economic climes is creativity. Creating an innovative workplace is an essential part of business today, but implementing practices that actually nurture creativity is much more difficult than supporting it in theory. Many in the […]
China’s Drive for Technological Innovation
What is fuelling China’s push towards homegrown tech innovation? It’s the early 8th century and the court of the Tang Dynasty is buzzing. Yi Xing, henceforth to be remembered as famous innovator (and also astronomer, mathematician, mechanical engineer, and Buddhist monk) has just revealed his big invention: the world’s first mechanical clock. He sets the […]
Yihaodian Chairman Gang Yu on Crafting a Sophisticated e-Commerce Strategy
Some time in the middle of last year, subway commuters in Beijing and Shanghai stumbled across an interesting experiment–the walls of select stations had been turned into virtual supermarkets by Yihaodian, a Chinese online supermarket. All a commuter had to do was scan the QR codes of whatever he needed on the ‘virtual supermarket aisles’ […]
Yihaodian Chairman Gang Yu on e-Commerce in China
At last count, China had nearly 538 million internet users–a number that is growing everyday. Out of these 538 million, 194 million have shopped online. And this number is also growing everyday. As a result, e-commerce is one of the hottest sectors in China right now. The Chinese customer is demanding–and unforgiving–and competition between players […]
Henry Chesbrough on the Future of Open Innovation
Innovation communities will push the boundaries of Open Innovation, says Henry Chesbrough, the proponent of this revolutionary idea in management.
China’s Craigslist Wannabes
Three erstwhile copycats innovate through trial and error, to fight the fierce war over online classifieds market A few years back Ren Jinglei, a university student interning at an IT company in Beijing, decided to buy a bicycle to ease his commute to the office. Like an increasing number of Chinese people, Ren prefers to […]
Taking the Hard Road: Chinese automaker BYD tries to innovate
Chinese car maker BYD is finding it tough to shift from imitation to innovation. It used to take a cheeky sense of pride in copying, then beating much bigger rivals. Low costs and imitation made BYD one of China’s top five carmakers in an incredibly short space of time, even inviting a high-profile $232-million […]
The Future of Work: Hello robot, goodbye worker
How will the progress of IT and automation change the future of work? In 1988, Harvard Business School Professor Shoshana Zuboff predicted that the working world was on the verge of a revolution in which many jobs would be “informated”-automated and computerized in ways that would greatly extend human capacities even as it dumbs-down the […]
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