Recent Posts

Understanding the Past to Invent the Future

理解历史,创造未来 In his recent monograph on the history of Silicon Valley, Leslie Berlin, a Stanford historian, defines the factors that made the Valley world’s biggest hub of venture and innovation - Technology, Culture and Money are, according to Berlin, the three elephants upon which the Valley’s unique ecosystem stands; and a disruption of this unique ecosystem by local factors, such as expensive housing and growing inequalities, may eventually bring its demise.

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If You Can’t Beat Them…

假如你无法击败他们…… The market constantly introduces innovation in the urban space, especially when it comes to tourism. The immediate response of cities facing the rising objection of hotels, cab companies and restaurants is to fight such innovations. But what if instead of battling in the courts and trying to ban new economic change, a city would actually embrace and encourage these initiatives? 

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US SEC Allows Crowdfunding of Start-Ups

美国证券交易委员会允许初创公司众筹 Ordinary Americans will from now on be able to invest online in companies they believe in. US-based start-up companies will be allowed to raise up to $1 million a year via crowdfunding, albeit with rigorous limitations - allowing individuals with income lower than $100,000/year to only invest up to $2,000 in crowdfunding. In addition, the regulatory burden was eased for new start-ups.

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Not All The Smart People Work For You

如何让所有聪明人为您效力 "Not all the smart people work for you," writes Harry Chesbrough in an article on Open Innovation - namely, using external ideas and knowledge sources to advance a system, an organization or a process. Since the publishing of his book in 2003, it was only natural for Open Innovation to be adopted by most companies worldwide.

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$1.8 Billion Invested in Korean Startups Thanks to “Creative Economy”

韩国实施“创造经济”,初创公司获18亿美元投资 More than 30,000 venture firms were registered in South Korea in 2015, with $1.8 billion invested - these record numbers are not a mere coincidence, but a result of "Creative Economy" - a government policy implemented for the past four years and aiming to foster venture and startups at the Republic of Korea.

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