Innovation in China

Innovation has shaped society since civilization began. Imperial China was the most innovative society on earth, but it failed to join the 19th century industrial revolution. In the 20th century, the Communist Party of China addressed that failure. Today China boasts an internationally compliant, rapidly developing IP system. State planning continues to be critical as the case of the largest, single, technology acquisition and infrastructure project in world history, high speed rail, demonstrates. But most of the innovation in China comes from the private sector: government incubators are among the government stimuli of private initiative, both local and global. And as the case on Cisco shows, foreign MNCs management of innovation in China is attractive but must involve co-ordination with government policy.This book presents cases where managers determine policy in China's increasingly innovative society. Readers take the roles of decision-makers to make strategy decisions. The cases in this volume showcase China's traditional three teachings, socialist market institutions, and modern management using studies on current Chinese companies and their leaders, among them big names such as Haier and Huawei. Each case stands alone as teaching material for instructors. Taken together, the book presents evolving models of innovation. Their subtle differences from western constructs critically impact the development of our global society.
Contents:

• About the Author
• Acknowledgments
• Acronyms
• Introduction
• The Rules of the Old Game
• Communism, Government, and Innovation
• Intellectual Property
• High Speed Rail State Planning for Innovation
• Introduction to Incubation and the Hong Kong Science and Technology Parks Corporation
• Incubation and the Hong Kong Science and Technology Parks Corporation Case
• Introduction to Cisco and Cloud-Based Education in China
• Cisco and Cloud-Based Education in China Case
• Two Chinese Entrepreneurs: Zhang Ruimin and Ren Zhengfei
• Introduction to Fuyao Glass: Global Strategy for U.S. Country Risk
• Fuyao Glass: Global Strategy for U.S. Country Risk Case
• Introduction to ofo: Innovation and the Little Yellow Bicycle
• ofo: Innovation and the Little Yellow Bicycle Case
• Introduction to SenseTime Group Limited: Business Model and Expansion
• SenseTime Group Limited: Business Model and Expansion Case
• Introduction to Redhill Capital: Strategy in a Pandemic
• Redhill Capital: Strategy in a Pandemic Case
• Introduction to China Merchants Bank: Light Banking, Payments, and Blockchain
• China Merchants Bank: Light Banking, Payments, and Blockchain Case
• Concluding Words
• Index

Readership: China-watchers and all those who are keen to understand how business decision-making to create innovation occurs in China, Professors in universities teaching courses in international business, entrepreneurship and innovation, management of innovation and technology; China studies instructors; Senior undergraduate and post graduate students pursuing fields of international business and entrepreneurship in particular to China's economic development; General public interested in China's economic development.
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