Startup Asia: Top Strategies for Cashing in on Asia's Innovation Boom
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Americans have suffered the loss of jobs to East Asia, but have retained an edge in terms of advanced technological innovation. But now, start-up companies are emerging in China, India, Vietnam, Singapore and Taiwan and are attracting some of the best and brightest from the West to create innovative new ideas and take them to global markets. Can they really do it? What should be the American response?
Asia’s innovation hotspots are emerging as first-choice destinations for bright, young talents as a Silicon Dragon entrepreneurial revolution moves on from Silicon Valley to China and then India, and next the emerging Silicon Tiger markets.
Forbes contributor Rebecca A. Fannin provides a first-hand, on-the-ground tour of Asia’s new tech centers. She catches China’s lead and shows how India promises to close the gap while Vietnam is on the frontier.
Over 18 months, she followed the venture capital trail from Shanghai to Singapore, Beijing to Bangalore, Taipei to Ho Chi Minh City and interviewed 100 of Asia’s hottest up-and-comers and their investors. Now, she reveals the winning strategies of a new generation of entrepreneurs who no longer look to Facebook, Amazon and eBay for cues but are crafting their own business models, going global, and scoring IPOs on Wall Street. Whether it’s mobile, e-commerce, gaming, social networks, biomedical or cleantech deals, she tells how young upstarts are racing ahead and with a toolbox of tactics.