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The impact of diverse factors on the success of Chinese start-ups Tosca Naletto: alibaba-s success story
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| 2.75 MB | Adobe PDF |
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Resumo(s)
China is ranked second in the world for the number of unicorns (i.e., companies with a valuation
of $1 bn USD without being listed on the stock market), with local start-ups driving disruptive
innovation. The Western world is sometimes less aware of the success of Chinese unicorns and
their economic value. This paper examines the impact of diverse factors on the success of
Chinese start-ups.
Incorporating evidence from a literature review, interviews, surveys, and databases, this study
demonstrates how the start-up ecosystem in China contributes to the success and development
of Chinese start-ups. The paper argues that the human capital, venture capital, and governmental
initiatives present in China make a firm and dynamic start-up ecosystem. Moreover, the case
study conducted on Alibaba illustrates additional country-specific and firm-specific advantages.
Descrição
Palavras-chave
Start-ups China Success factors Technologically advanced infrastructure Government Venture capital Human capital Alibaba Bytedance Dji Shein