Sick care innovators, be they scientists, engineers or health professionals, typically 1) focus on a solution instead of a problem , and, 2) fall short when it comes to selling and marketing their product, service or process improvement. Those are two of many reasons why their innovation initiative, whether it is internal (intrapreneurship) or external (entrepreneurship) will fail.
As advances in technology have led to the permeation of communication devices deep into our private spaces, we have grown accustomed to, and even favorably inclined towards, trading privacy for convenience, which may not always be a bad thing.
What happens when politicians see that their monster stimuli have not delivered? They bring the next rabbit out of a hat. They need a new name and a new magic solution to make citizens believe in the magic of demand-side policies despite the constant failure of those same plans.
Below is my abridged translation of a short speech given by Tencent president Martin Lau at the Tencent Investment’s ‘Insight & Forecast Conference’ held in Beijing. The speech not only reveals some very impressive statistics on Tencent’s investment track record it also gives some insight into the organization’s overall investment philosophy. Finally, it provides some color regarding the wider market sentiment amongst startups and investors that China is entering a winter period.
In 1997 an IBM computer called Deep Blue famously defeated the world chess champion, Russian Gary Kasparov.
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