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The Book
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No one will remain unaffected.
Upon the inception of the US-China trade war, China’s IP regime experienced rapid-fire development. The STAR market and the first patent securitization deal are a few of many developments accelerated by this conflict showing that the market appetite for IP monetization has reached an extraordinary level in China. Innovation’s Crouching Tiger, like a telescope, is a tool that readers can use to clearly see the cutting-edge developments in China. Equipped with a three-lens methodology and case studies, Dr. Chung offers countless resources to help readers successfully make their own plan of action in this unprecedented time and is the first guide of its kind in English. Now, more than ever, is the best time to take action. To collaborate or to compete. |
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Origins
The concept behind Innovation’s Crouching Tiger originated from the dialogue between Dr. Jili Chung and his colleagues at MIT Sloan School of Management from 2017 to 2018 in Cambridge, Boston. This dialogue was influenced by his colleagues’ diverse backgrounds, with professions ranging from politics, business, and academia and coming from more than 30 countries.
In admiration of Dr. Chung’s experience, the other Sloan fellows frequently consulted him on issues relating to technology innovation in China. Sometimes they had hot debates. But with Dr. Chung’s guidance, they eventually formed their own insights with a broader view of China’s technology development and impact on the world.
From the numerous dialogues, Dr. Chung noticed a pattern, i.e., a significant gap between China’s current status and the global elites’ perception of that status. Most notably, they knew very little about China’s innovation ecosystem.
How did this happen? First of all, the development of the innovation regime in China is so dramatic that even domestic professionals have difficulty keeping up. Second, most of the domain experts have dedicated themselves to hands-on work, leaving no time to organize and introduce the development in clear English.
Most importantly, the global elites are short of an effective tool to observe, filter, and crystalize information about China’s development and its impact on the world. It’s like they are looking at China through a telescope out of focus – no matter how hard they try; they just cannot get their own clear insights.
International elites’ understanding of China is ironically disproportionate to the growth of China in the international arena. As China continues to grow, the widening gap in perception starts to erode the foundation of global cooperation that has been fostering the global economy and prosperity….
In admiration of Dr. Chung’s experience, the other Sloan fellows frequently consulted him on issues relating to technology innovation in China. Sometimes they had hot debates. But with Dr. Chung’s guidance, they eventually formed their own insights with a broader view of China’s technology development and impact on the world.
From the numerous dialogues, Dr. Chung noticed a pattern, i.e., a significant gap between China’s current status and the global elites’ perception of that status. Most notably, they knew very little about China’s innovation ecosystem.
How did this happen? First of all, the development of the innovation regime in China is so dramatic that even domestic professionals have difficulty keeping up. Second, most of the domain experts have dedicated themselves to hands-on work, leaving no time to organize and introduce the development in clear English.
Most importantly, the global elites are short of an effective tool to observe, filter, and crystalize information about China’s development and its impact on the world. It’s like they are looking at China through a telescope out of focus – no matter how hard they try; they just cannot get their own clear insights.
International elites’ understanding of China is ironically disproportionate to the growth of China in the international arena. As China continues to grow, the widening gap in perception starts to erode the foundation of global cooperation that has been fostering the global economy and prosperity….
Our Aspirations
The increasing gap in perception inspired Dr. Chung to write this book. China has joined the global technologies and innovation arenas. Each nation may choose to collaborate or to compete, but they cannot afford to wait and see. If global elites have a functioning “telescope”, they could see through the mists and form insights based on their own observations. Eventually, no matter which path they decide to take, human society will benefit from a productive co-competition.
Holding this thought, Dr. Chung was empowered by an analytical framework taught at MIT. As an institute reputable in using scientific analysis on societal studies, its Sloan School uses its own three-lens methodology to diagnose complicated social phenomena. He adopted the underlying rationale and turned the methodology into an effective tool for observing and following the change of China’s innovation regimes. The three lenses, i.e., IP transfer, IP pledge, and IP risk control are used to organize the most intriguing issues and questions asked by other Sloan Fellows, and became the core content of the book.
With this framework, anyone can efficiently grasp the essence of contemporary issues. With Dr. Chung’s clear English, global elite readers will timely and thoroughly expand their understanding of China’s innovation ecosystem to form their own insights on its impact to the world.
Holding this thought, Dr. Chung was empowered by an analytical framework taught at MIT. As an institute reputable in using scientific analysis on societal studies, its Sloan School uses its own three-lens methodology to diagnose complicated social phenomena. He adopted the underlying rationale and turned the methodology into an effective tool for observing and following the change of China’s innovation regimes. The three lenses, i.e., IP transfer, IP pledge, and IP risk control are used to organize the most intriguing issues and questions asked by other Sloan Fellows, and became the core content of the book.
With this framework, anyone can efficiently grasp the essence of contemporary issues. With Dr. Chung’s clear English, global elite readers will timely and thoroughly expand their understanding of China’s innovation ecosystem to form their own insights on its impact to the world.
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