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A startup that enables more startups

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初创公司引发创业潮流 Facebook enriches the venture ecosystem according to new Deloitte report.

The Deloitte report of January 2015 commissioned by Facebook seeks to demonstrate that this company is much more than a social network. Based on data provided by Facebook, Deloitte estimates a global economic impact of $227bn with 4.5m jobs enabled globally. It is reasoned that Facebook stimulates economic activity by lowering barriers to marketing, providing a platform for app developers and generating a need for devices and internet connections. Further, it is suggested that the demanded improvements in connectivity spill over to the rest of the economy.

At the level of the entrepreneur, Facebook helps you reach the people most interested in your innovation and in this way, not only raise awareness but also get feedback that catalyses development of a successful product.

 

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The “Tech” Of Two Cities Why Hong Kong failed where Shenzhen succeeded

Hong Kong and Shenzhen are located side by side geographically but have a very different history, grounded in two radically different socio-political systems. Hong Kong used to be an economic superstar in the region, while Shenzhen was described as a “sleepy border town” in southern China. The story is entirely different now when Shenzhen is comparable to, if it has not already outshone, its once proud neighbor. This surprising development begs an explanation, and this new article seeks to provide it.

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