At the South by Southwest conference back in 2010, there was a fascinating panel about doing business in China called “Social Media And China: It’s Not What You Think.” As part of a summary of the session that one blogger shared online, a topic that came up during that discussion was the “5 C's Of Chinese Innovation.”
It was an idea that I saved and have returned to a few times since because it challenges a few fundamental assumptions that entrepreneurs and small business owners in America tend to make. Here are the 5 C's of Chinese Innovation, excerpted from the post referenced above:
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