A recent researched showed that in China, about 50% of the graduating college students are interested to start their own business as oppose to 65% of the students in America. This is a drastic increase from the generation of their parents who grew up in the Cultural Revolution era. Many of these students have decided to take a leap of faith and broke free from the traditional thought of “swallowing bitterness” taking on, an ever increasing popular career path, their own start-up.

Where westerners stereotype as the land where manufacturing jobs are outsourced, cheap labor, and a country ran by an elite few, Chinese start-up gaining momentum within the venture capital community and creating value by significantly redefining many American concepts, if not, creating new ones themselves.

Prime Example for Value Creation

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Richard Chen

Richard is a technical writer and contributor based in San Francisco and Silicon Valley. Richard has a degree in electrical engineering and is profoundly interested in technology and innovation.