This is what people say about Chinnovation:
Innovation in China has gone through a transformation and now rivals the Silicon Valley in its creativity, entrepreneurship, and human drive. This book hits a nerve. Chinese start-ups are rocking the world! Yinglan Tan captures a snapshot in Chinnovation that most journalists have been blind to. China is not just making cheap imitations, China is thought-leading. It is amazing what free trade, free markets, and a light-touch government can unleash in a society.
Timothy C. Draper, Founder and Managing Director, Draper Fisher Jurvetson
Chinnovation is a must read for anyone interested in what will surely become one of the major stories of the next few decades, as China’s innovators drive up the value curve on the fast line. No one is better placed than Yinglan Tan to provide key insights, directly useful to business people seeking to learn about the China-way of entrepreneurship.
Jonathan Story, Emeritus Professor, INSEAD & Author of China Uncovered
China has transformed tremendously over the last few decades and now, through innovation, its burgeoning Chinese entrepreneurial class are driving China to a whole new level. With Chinnovation, Yinglan Tan delivers to readers well-researched and timely insights on what China has to offer to the world.
Loh Hoon Sun, Managing Director, Phillip Securities Pte Ltd
The global innovation landscape is undergoing profound changes and Chinese companies are challenging the traditional innovation concept. Innovation has become a new feature of entrepreneurship in China. Whether you are planning on establishing a partnership with Chinese companies to build global innovation capability, or already a participant of the competition in China market, I highly recommend that you read this book.
Liu Jiren, Chairman and CEO, Neusoft Corporation
The eight R’s of Chinnovation, combined with the Innovation Stack framework is an amazing solution to make innovation in China better understood for corporate executives, entrepreneurs, investors, and educators. Yinglan Tan bridges the key concepts and winning techniques used by Chinese innovators and translates it into a structured process, hence, a joy to read for all stakeholders.
Martin Haemmig, Senior Advisor on Venture Capital, SPRIE, Stanford University
This is a timely and relevant book to review China’s innovation path. Over the years there has been more localization and more adoption of existing technology for implementing in China. With China assuming a greater role in the world’s economy and developing a more powerful domestic market, Chinnovation will surely emerge as a key innovation source for the world.
York Chen, President and Managing Partner, iD TechVentures Ltd.
Innovation in China is a hot topic with global implications. Companies and investors hoping to capitalize on China’s growth may have underestimated the groundswell of innovation happening today. Through his new book, Chinnovation, Yinglan Tan demystifies this topic and provides entrepreneurs, managers, and investors with important knowledge on China’s business market. A compelling read for anyone interested in China’s future and its impact on the global economy.
Jens H. Molbak, Founder and CEO, Coinstar (NASDAQ: CSTR)
Yinglan Tan’s book could not be more timely. China’s success as a factory for the world and the fundamental transformation it has had on global industries and markets, while impressive, is yesterday’s story. Yinglan introduces us to the individuals and firms who are driving tomorrow’s story of China’s emergence as a locus of innovation that will have major implications for consumers, firms, and economies around the world.
Steven White , Associate Professor, School of Economics and Management, Tsinghua University
Informative and entertaining! Brimming with brilliant analysis and actionable insights. How do Chinese entrepreneurs survive in China? They innovate like crazy, in ways that will amaze most Westerners. Hear their authentic voices as they describe the real struggles underlying monster successes like Alibaba and Tencent. This book is a wake-up call, a must-read for anyone fascinated with China!
Po Chi Wu, Adjunct Professor, School of Business and Management, Hong Kong University of Science and Technology
Since Schumpeter, much has been written on Innovation Economics. Given the growing role of China in the global economy, professionals worldwide, as well as entrepreneurs in China, should read Chinnovation. Based on many real-life cases, this first systematic study of innovation in China offers a broad view, often in lively detail.
You Xing, Chief China Representative, Paris Region Economic Development Agency
Convergent incomes and divergent growth between East and West is the economic story of our times. China leads this charge and is re-establishing itself as a center for global technology and innovation. I love the way Chinnovation draws on the war stories of Chinese entrepreneurs and investors to dispel the myths and proffer practical advice to the next generation of high growth multinationals.
Daniel Heaf, Director of Digital, BBC Worldwide
A great book to shed light on what kind of innovation thrives in China and what makes it work. I highly recommend this book to entrepreneurs who wish to capture Chinese markets. Yinglan Tan has done a remarkable job in analyzing the reasons behind the successes and failures of these new Chinese companies. All are invaluable lessons for the newcomers.
Jennifer Pan, Managing Director, ChinaSense, Inc.
Chinnovation is definitely an exciting read. It shows readers how China’s economic growth has been fuelled by hard working and innovative entrepreneurs, and not just because of government-led policies. Chinnovation proves that the transition from “Made in China” to “Innovated in China” is indeed a reality.
Ikkei Matsuda, President and CEO, Hokkaido Venture Capital, Inc.
Yinglan Tan offers a fresh and unconventional look at innovation and entrepreneurship in the world’s second largest economy. Chinnovation is an insightful project that removes the myths and secrecy to present the true picture of Chinese entrepreneurs and how innovation is driving the country in the 21st century. A must read for all interested in innovation, entrepreneurship, and China.
Irina Anghel, Secretary General, South Eastern Europe Private Equity and Venture Capital Association
As the crucial innovation battleground for high growth businesses of the future, China is both alluring and intimidating, with rapidly changing market conditions and regulatory landscape, intense competition, and unique rules of engagement. Against this backdrop, Chinnovation provides a refreshing, modern Art of War treatise on the Tao of creating successful innovation in China.
Ku Kay Mok, Partner, Gobi Partners
The book brings to life the most intelligent and promising young entrepreneurs in China, demonstrate how local entrepreneurs can succeed with local insights and local executions to address local needs. Yinglan Tan presents a whole new angle to look at innovation in China and how China and the world might benefit from these “chinnovations” and “chinnovators”.
Zhao Hanxi, Director, CITIC Capital
As China progresses through another rapid evolution and transformation of its industries, we see a rapidly growing field of Chinese entrepreneurs that can propel China to possibly top the global tables in creativity and innovation. Chinnovation reveals to readers the truth behind these Chinese start-ups and their journey through innovation. This is a must-read for would-be entrepreneurs and seasoned business leaders alike.
Patrick Lee, Executive Chairman, Sing Lun Holdings Limited
Yinglan Tan takes us on a journey through extraordinary stories of entrepreneurship in China. An easy read, it is sure to make you feel like you have lived and breathed the air of opportunity that China represents today, far beyond the statistics seen in popular press and analyst briefings. You get the unique privilege of getting into the minds of the entrepreneurs, seeing their rapid ingenuous actions and you find yourself celebrating their stupendous results. A must read!
Rajen Makhijani, Management Consultant, Heidrick and Struggles and Award Nominated Bollywood Screenwriter
Yinglan Tan’s Chinnovation presents a fresh look at the fastest growing entrepreneurial country in the world, China. Just as developing applications only makes sense on the largest platforms where you can get scale as quick as possible – i.e. Android, iOS, and Facebook – China is the new de facto place to be.
The interesting combination of old political constraints and protections, an almost unlimited talent base, and the largest physical platform proves to be an amazing combination for supercharged replication, innovation, and even invention.
After a deep exploration with some of China’s most successful entrepreneurs, investors, and investment bankers, Yinglan is able to deduce what it takes in this remixed Eastern world – and why it is hard for Western culture to understand a different, and in some cases better approaches to business.”
Thomas Foley, Founder & CEOXpert Financial
Feature on Anthill, March 7th
Chinnovation on Business Lines, March 11th
Chinnovation on ACT recommended reading, March 11th
Interview of Tan Yinglan on Chinnovation on BFM Radio 89.9, Mar 2011
Review of Chinnovation on Korean Daily, Mar 2011
The Korea Times, the 2nd top English news dailies in South Korea, also reviewed my book
Review of Chinnovation on China Daily, 14th Mar 2011
Chinnovation was reviewed in China Daily, the main English news dailies in the PRC on the 14th of this month in both their print and e-editions, as well as on their website.
Review of Chinnovation on The Nation (Thailand), 15th Mar 2011
′It is often said that China makes products but does not invent them. Business professor Yinglan Tan dispels that myth” (Nature, April 2011)
“Yinglan gives valuable accounts coupled with insightful observations about the past, present and future of an industry that is still in its infancy-but growing up fast. It will also help entrepreneurs who need venture capital financing by showing them how VCs value-add to their companies. This book belongs in the library of anyone who has ever taken a serious interest in venture capital. ”
Neil Shen, Founding Managing Director, Sequoia Capital China
Michael Moritz from Sequoia Capital
Ron Conway, “The Godfather of Silicon Valley” and angel investor in Google, Paypal, Facebook and many others.
“The Way of the VC” is the best book I have read on Venture Capital with thoughtful advice for the entrepreneur. Yinglan Tan captures the wisdom of the ages, with the vision of an oracle in this book that captures how a venture capitalist thinks, and how the best ones act.
Tim Draper, Managing Partner, Draper Fisher Jurvetson
This book is a practical guide to the interplay between VCs and entrepreneurs that often contributes to the meteoric rise or utter failure of a startup venture. As entrepreneurship and venture capital are slowly transitioning from ad hoc activities into professions, the common principals applied by experienced professionals are emerging as foundations. Yinglan Tan’s book provides a solid account of these emerging foundations.
Noubar Afeyan, Managing Partner & CEO, Flagship Ventures
With the emergence of venture capital investment as a professional practice, understanding the way in which this industry works is critically important for practitioners and would-be practitioners, whether they are (or aspire to be) working for entrepreneurial ventures, venture firms, or large institutional capital pools. I applaud Yinglan Tan, who has distilled many interesting “war stories” and experiences of venture capitalists into a useful and effective framework in The Way of the VC.
Professor Josh Lerner, Jacob H. Schiff Professor of Investment Banking, Harvard Business School
“Yinglan gets into the minds of venture capitalists to show us how they think. There is much in common between VCs from the West and those from the East, but also much that is importantly different.”
Tarun Khanna, Jorge Paulo Lemann Professor at the Harvard Business School and Best-Selling Author, Billions of Entrepreneurs: How China and India are Reshaping Their Futures and Yours
I have taught private equity courses for MBA’s and executives for fifteen years, and I have seldom run across such insight. Based on painstaking research, Yinglan Tan has demystified the venture capital investment process. If you want to know how venture capitalists think, what they are looking for, and how to choose one, read this book. Venture investors looking to grow in Asia will find penetrating observations and valuable advice. I highly recommend this book to anyone interested in building high-growth companies.
Professor Philip Anderson, INSEAD Alumni Fund Chaired Professor of Entrepreneurship & Academic Director, The Abu Dhabi Centre
Top-flight entrepreneurs are blessed with terrific ideas and boundless energy. But they usually lack capital; hence they must join together with venture capitalists (VCs). The prescription is easy, the implementation tough. Entrepreneurs and VCs differ in orientation, background, and interests. In this lively volume, Yinglan Tan tells how entrepreneurs should handle the relationship from early-stage conception through to a thriving company. The pages bristle with insights gained from in depth discussions with successful VCs and entrepreneurs. It then imparts lessons distilled from intense study of the field and careful analysis. Entrepreneurs should take this volume to heart, and thus avoid missteps and grief.
Richard Zeckhauser, Frank P. Ramsey Professor of Political Economy, Harvard University.
“The Way of the VC” is a must-read book for entrepreneurs and venture capital professionals. Yinglan achieved a harmonious balance between the theory – the Commandments – and the practice – first-hand accounts by VC. The delightful stories clearly and effectively illustrate important lessons for all players in this industry.
Koh Soo Boon, Managing Partner, IGlobe Partners
Venture Capitalists rely heavily on personal judgment and experience. This extensive collection of shared wisdom and viewpoints is therefore a valuable addition to the growing number of VC textbooks and war stories. Yinglan has skillfully captured the Tao of VC practitioners and entrepreneurs in a lively and enlightening book.
Lin Hong Wong, author of “Venture Capital Fund Management: A Comprehensive Approach to Investment Practices & the Entire Operations of a VC Firm“.
“Friendly, thorough, and helpful. Yinglan has shown how VC’s can help an entrepreneur’s business and how to attract their attention.”
Dan Schwartz, former Chairman, Asian Venture Capital Journal and author, The Future of Finance: How Private Equity and Venture Capital Will Shape the Global Economy
Brad Feld, VC with Foundry Group, likes The Way Of The VC
Mike Maples, Founder of Floodgate. One of the classiest super-angels in the Valley.
Norm Fogelsong of Institutional Venture Partners
Bobby Chao, Managing Director, DFJ Dragon
Stephen Chiao, Managing Partner of Sycamore Ventures
Pedram Mokrian, Mayfield Fund
Tan Chade-Meng, Jolly Good Fellow, Google
President Su Guanning of Nanyang Technological University
PRESS ON WAY OF THE VC
Mar 2010, Way Of The VC featured in Smart Investor
Mar 2010, Way Of the VC featured in Smart Investor
June 2010, Way Of the VC featured in Rotary Club
Publication in The Deal – “IPO and Trade Sales in China”
Publication of IPO and Trades in China – The Deal