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Innovation Spaces in Asia

Innovation Spaces in Asia

Entrepreneurs, Multinational Enterprises and Policy

Edited by Maureen McKelvey and Sharmistha Bagchi-Sen

Innovation Spaces in Asia provides insight into how and why Asia is poised to impact global innovation. Asia is undergoing rapid developments in markets, sources of technology and user preferences. A key characteristic of the book is the rich empirical understanding of the dynamic processes, involving the strategic decisions of firms and entrepreneurs with the broader socio-economic environment in terms of institutions, markets, knowledge and innovation systems. Innovation spaces are analyzed within Asian countries and firms, from Asia to the world, and from the world to Asian countries.

Chapter 9: The role of returnees in developing entrepreneurial ventures in high-tech sectors in China

Peilei Fan

Subjects: asian studies, asian business, asian innovation and technology, business and management, asia business, entrepreneurship, international business, organisational innovation, economics and finance, evolutionary economics, geography, economic geography, innovation and technology, asian innovation, organisational innovation


This chapter explores the global linkages and internationalization of the Chinese innovation space, by focusing upon the role of returnees in Chinese high-tech sectors of internet infrastructure and services, health biotechnology, and telecommunication equipment. China has a long history of internationalization, through students. In 1854, China sent its first overseas student, Wing Yung, to study law. Graduating from Yale, Yung later devoted himself to China’s revolution and modernization, including supporting Emperor Guanxu’s Hundred Days’ Reform. Since then, China has experienced several waves of sending overseas students. They have followed the footsteps of Yung and devoted themselves to revolutionizing and modernizing the ancient “Middle Kingdom” after they have returned to China, many becoming important political, economic, and scientific figures in modern Chinese history (Wang, 2010).

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