China's Tech Copycats Transformed Into a Hub For Innovation (wired.com)
hackingbear writes: Following similar path of the 19th century America, China has advanced from being copycats to innovators. After its middle class has risen from 4% of population to 2/3 in the last decade, a generation both creative and comfortable with risk-taking are born. "We're seeing people in their early twenties starting companies—people just out of school, and there are even some dropouts," says Kai-Fu Lee, a Chinese venture capitalist and veteran of Apple, Microsoft, and Google, who has spent the past decade crisscrossing the nation, helping youths start firms. Major cities, i.e. Beijing, Shanghai, Shenzhen, Hangzhou, are crowded with ambitious inventors and entrepreneurs, flocking into software accelerators and hackerspaces. They no longer want jobs at Google or Apple; like their counterparts in San Francisco, they want to build the next Google or Apple. Venture capitalists pumped a record $15.5 billion into Chinese startups last year, so entrepreneurs are being showered in funding, as well as crucial advice and mentoring from millionaire angels. Even the Chinese government—which has a wary attitude toward online expression and runs a vast digital censorship apparatus—has launched a $6.5 billion fund for startups.
A communist venture capitalist... what'll they think of next?
Sheesh, evil *and* a jerk. -- Jade
China makes cheap copy's / rips off other techs some times on the 3rd shift.
Some of the components are "3rd Shift", where the employees or contractor may be running the production lines for unauthorized capacity off the books.
Trump is right we need to stand up to china and make them do more then the token crack down on ripoffs.
Is china crucial / school system even setup for this? I think a lot of there schools are still big on the TEST parts and not so much on teaching usable skills / have non cramming based tests.
You say that, but how many people in the West can truly be said to be innovators either? Most people in the West aren't Elon Musk or John Carmack. Then the social media and online games which only innovate new ways to waste people's time and money. And let's not talk about every web startup that disappears after two years.
Those who do not learn from commit history are doomed to regress it.
Yaknow, the copycatting hasn't changed. In fact, the endless copycats act as a barrier to entry. Why should you go to all the trouble to create a new product and prove a market exists, when all that's going to happen is 100 people open the same company offering the same product?
This is typical "Wired" journalism - seeing what they want to see, and breathlessly reporting it. Western journalists stick to the major cities. Even a trip to somewhere like Hangzhou is treated as a possibly hazardous excursion to the rural countryside. It's no surprise that they think the way they do, they like their own kind of people and do not like being around people who do not use words like "hackerspace" without cringing.
Chinese people have a very derogatory feeling toward startups. Only huge companies can make anything good, or so it goes. Small companies have a reputation of being poor and shoddy, like all the ones you know in your home town. People like Micheal Dell would have been laughed out of the board room and never gotten his first big contract. The environment is very skewed towards people like Bill Gates and Richard Garriot who came from rich families and used that to get started.
Then there are all the governmental barriers. You can't just start a company out of your garage - you need a registered office in the appropriate kind of office space. If you're a tech company, you need to have an address in a tech park, you can't just find wherever is cheapest. Of course, the tech parks all know this and are ready to offer you high prices and poor management. Try finding enough parking spaces for your employees, for example, it's a nightmare. Taxes are a big pain, the government frequently does not even know its own policies. Call the tax bureau two different days, get two different answers. Oh, and by the way, to even open a tech company requires millions in registered startup capital. It's not just getting a DBA and a tax number from your state government like you do for your garage company. It is a very involved process that takes 6-12 months and is full of bureaus who will happily reject your application for cryptic reasons.
Shutting down free speech with violence isn't fighting fascism. It IS fascism!
Is it news? Chinese tech followed this general pattern:
1) Knock-off 1.
2) Knock-off 2.
3) Own invention.
It's especially visible in such areas as aerospace or high-speed trains. Now most of the tech has moved well into stage 3. Some products are even becoming iconic - DJI Phantom is now seen as a stereotypical quadcopter, for example.
You are all Cows. Cows say Mooo.
This is a story about China, the cows there say å"z. å"z, å"z, å"z say the Chinese cows.
(Fscking Slashspot's non-Unicode brokenness, when this story appears on Soylent News I'll repost this comment there so the proper character gets displayed. In fact why is anyone still reading this site and not Soylent?)
Growing up as a dirt farmer doesn't mean that you can't be as smart as someone who grew up with xboxes watching transformers on giant plasma tvs. Not only that but growing up in poor conditions really motivates you to get out of them
More like, it would happen in America if you got your shit under control with your insane billionaires and actually helped out small businesses. As much as I dislike our current gov here in Australia at least they made the awesome move to give small businesses a $20,000 tax cut this year! (available to all businesses making $2 million or less.) America is still screwing the little man in favour of the big boys and still bleeding to death for it.
Just make terrible phone apps, filled with ads and backdoors.
I actually grew up on a farm in a third world country and I couldn't agree more. I was awe struck by all the technology (80's) and that without a doubt got me in to this career. The lust obviously wore off over the many decades but it's still a huge differentiator when I see peers who don't share that sense of wonder and curiosity for new tech.
Doesn't communism kill all desire to innovate? That's what the capitalists are saying..
Laws are rules for the court, but merely a bottom bar to hit for life. Think beyond laws in your actions always.
Seems to make sense on the surface, right? Japan goes from being known for cheap copies to being known for high quality merchandise. Korea too, to a lesser extent. But for decades people have been expecting this of China yet it remains the place for cheap copies. Maybe there's something different about China?