Technological Entrepreneurship in China

Technological Entrepreneurship in China

How Does it Work?

Edited by Claudio Petti

Bringing technologies to the market, thereby creating profits, high-qualified jobs and industrial upgrading is one of the means by which China can fuel its brand new growth model based on innovation and sustainability. Much is known about the mechanisms of technological entrepreneurship. But how does this happen in China? Who is doing what? Is there a ‘Chinese way’ to do technological entrepreneurship? This thought-provoking book provides readers with a closer look at these issues and clarifies them through a number of case studies discussed from the perspectives of both Chinese and international contributors.

Chapter 5: Solar Photovoltaic Industry Development from the Early 1990s to World Leadership

Marco Andreozzi

Subjects: asian studies, asian business, business and management, asia business, entrepreneurship, international business, organisational innovation, innovation and technology, innovation policy, organisational innovation


Marco Andreozzi INTRODUCTION Technology entrepreneurship is a style of business leadership based on the process of identifying high-potential, technology-intensive business opportunities, gathering resources such as talent and cash, and managing rapid growth using principled, real-time decision-making skills. An attractive business opportunity consists of a great value proposition, technically feasible products, strong intellectual property, a sustainable competitive advantage, a large potential market, and a scaleable business model. It can be based on either a revolutionary breakthrough in technology or an evolutionary advancement; and it can target an existing market or create an entirely new one. This entrepreneurial process is relevant for both independent start ups and within established corporations. (Byers, 2009, p. 1) From the above definitions this chapter will be developed. The analysis of solar photovoltaic (PV from now on) entrepreneurship in China starts from the origins in the early 1990s, as witnessed by the author of this chapter since his early 1993 assignment at Guangzhou University. The year 2011 is when China’s enormous PV manufacturing industry truly became the undisputed centre of the PV world and this is no surprise, as this trend had been establishing itself for years, and is related to China’s emergence in 2010 as the world’s largest exporter and an economic powerhouse of the twenty-first century. However, PV manufacturing has unique conditions as an industry, and the reasons for China’s dominance – and its weaknesses as well – tell an important story that has global relevance for other nations which seek to remain or become clean energy...

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