Kai-fu Lee: Innovation and Entrepreneurship in Taiwan like Me "sick"

Yesterday (October 29), the Chairman of Innovation Factory, Kai-Fu Lee, attended the visionary summit of Chinese business leaders in Taiwan, and took the pulse of Taiwan's pioneering and innovation community, saying that Taiwan's entrepreneurial innovation was "sick" like him. It was his first public appearance after declaring cancer, and his last public speech before chemotherapy.

Lee said that Taiwan's innovation in the past has been a great success, but, once the leader of Asian dragons, after the hardware, Taiwan's IT companies have missed http://www.aliyun.com/zixun/aggregation/13603.html "> Software Revolution, Network Revolution, mobile revolution. In the United States to talk about HP, Dell and other hardware companies, Taiwan in Shonghai, TSMC, in the United States, such as Google, Facebook era, Taiwan or talk about those companies. In the field of ICT, Taiwan is not only a great distance from the mainland, but also a great distance from other dragons.

According to Taiwan's Business Times, Kai-Fu Lee in his speech compared the Chinese mainland and Taiwan's entrepreneurial culture. He said that the Chinese market is huge, the entrepreneur's desire for success is very strong, has the wolf sex. The mainland environment is more suitable for "iterative" innovation and entrepreneurship, that is "a small product first thrown out, and then iterative Update", Lee Kai-Fu explained that such a model is very suitable for diligent, hard-working, with the Wolf of the entrepreneur to lead a good team in a huge market struggle.

Taiwanese entrepreneurs ' products and even horizons seem to be limited by the "small" local market in Taiwan. He said that although Taiwan's network industry also has masterpieces, from sweet potato vines to pchome, but did not go out. "Small market can not achieve great companies", unfortunately, Taiwan's new companies are only looking at the Taiwan market, the investment environment is not good, no return will not want to invest, such a vicious circle.

He therefore suggested that Taiwanese entrepreneurs should look at international, Southeast Asia, mainland China, he saw Taiwan still have many opportunities, especially the "Software plus hardware Cloud" opportunities, the most recent example of Silicon Valley, is the small devices, watches, glasses or cars, the future of everything in the home can surf the internet, Isn't this the right fit for Taiwan's ICT?

At the end of the speech, Lee called on Taiwan to create innovative soil, and give their own suggestions, one, the introduction of international vision and experience of entrepreneurial high-level talent; second, to reward excellent first-time entrepreneurs, stop the demand for personal contributions; third, to encourage entrepreneurship on the large market; Iv. Amend the unreasonable registration investment clause; Introducing and rewarding senior venture capitalists to encourage investment in the VIE structure; The Government should concentrate its resources and authorize the new industry experts to make decisions; the university should support the teaching of academic entrepreneurship free of charge.

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