Clayton Christiansen wrote a book called The Innovator’s Dilemma. At its most elemental level, the book says that due to resource constraints, companies must choose where to invest. And, under those restraints, most companies will choose to invest in projects that have a quick payoff, those that will appease the shareholders. When they make this decision, which amounts to supporting current business, projects and products, they eschew the new and innovative. Thus, the rationale goes, if a company is committing so many resources to the tried and true, they have little to spend on the new and innovative. In addition, they reason, larger corporations stand too much to lose if they propose a project and it flops, whereas a smaller organization does not have this ‘stature’ and can take more chances. OK, lesson over so you are thinking so the heck what? Well, this is china. Think of it like this, Christiansen said that the company that made those large 5 inch floppies did not then make the 3.5 inchers etc. The original floppy makers had too much into the old tech so did not go after the new. So think of China, as long as they can steal tech and or copy it, they are taking resources that could be utilized in a much more effective manner. For all those DVD pirates, there is potentially a Prince or a budding artists, but for lack of vision, they will toil away in the subways of Beijing selling knockoffs. The same is true for the host of knock off pharmacy companies here. For pennies on the dollar you can buy their version of heart meds, Viagra, the latest in western goodies, but at what price? Of course the quality may be suspect, but what if those ‘pharmacies’ actually decide to be legit, think of the possibilities… But then again this is china so it will not happen. They’ve been knocking things off for centuries, so why would they stop now. Go China Go!!! Keep on Pirating!!! |
Archive for April 26th, 2011
Innovators Dilemma and China-Keep on Pirating
Posted by w_thames_the_d on April 26, 2011
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Map of Poverty in China
Posted by w_thames_the_d on April 26, 2011
From Bloomberg from here http://www.businessweek.com/2000/00_19/b3680013.htm?scriptFramed story
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Posted in China Fact | Leave a Comment »
India Positioning Itself to Pass China?
Posted by w_thames_the_d on April 26, 2011
From here: Fitch Ratings says India is better placed compared to China in regulating the flow of bank credit. The agency said India’s regulatory environment has remained focused on controlling credit growth while China’s growth has largely been funded by bank credit. Fitch observed that the unbridled flow of bank credit in China may also raise the risk of financial instability “due to an increased risks to macro-financial stability arising from the rapid growth in bank credit amid rising real estate prices and inflation,” a report said. Fitch earlier in the month downgraded the outlook on China’s local currency issuer default rating to negative from stable. On the other hand, India’s central Reserve Bank of India (RBI) regulated the credit flow to the local corporate sector with prudence and caution which helped the country’s banks in managing their asset quality more effectively during the recent global economic downturn. |
Posted in Let me educate you... | Leave a Comment »
Excellent Artwork about Ai WeiWie from Cainandtoddbenson.com
Posted by w_thames_the_d on April 26, 2011
Posted in Uncategorized | 2 Comments »
Facts About Adoption in China
Posted by w_thames_the_d on April 26, 2011
Interesting comment from Julia on adoption in China “For example if one of the prospective adoptive parents is under 30 years old or the other person is over 55 years old they are not eligible to adopt a child in China..There are health history restrictionsfor adoption from China. If on or both of the adoptive parents use a wheelchair mobility aid or are has missing limbs they are not eligible to adopt from China. They will not approve people who are deaf unless they are adopting a deaf child.” |
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60% of Chinese Are Smart- Chinese Don’t Trust Chinese Experts
Posted by w_thames_the_d on April 26, 2011
According to the chinadaily, 60% of Chinese don’t trust Chinese experts. After sitting in a meeting all day with a gaggle of such experts, I am at a loss for words on how this can be so. One fat-headed man who works for the a local entity did a superb job of agreeeing with the lobster faced man in charge. Another guy from Hunan managed to collect all of his finger nails that he’d clipped during he four hour event, on his and only his table and chair. As for the rest of the experts, they did the chicom dance, meaning a lot of head shaking, differing to the party and ass kissing. In reality, how does one respect a guy who earned a degree, when all chinese universities were basically shut down in the 60-70’s? What you are left with are the same shmucks who traded red guard arm bands for governmental jobs and are whiling away their lives , living off guanxi from chinese comb-overs whose day is coming…. |
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Help China Name Its Space Station and Suggest a Logo!
Posted by w_thames_the_d on April 26, 2011
From the straits times (see below) the chicoms need help stealing, I mean making a name for their planned space station. my ideas 1- Space Homemade Intergalactic Thing 2-Welcom to the 80’s chicoms 3-Just What We Need, You Guys in Space 4-Not Made in China 5-Chicom Catapault 6- Look Out Below And Maybe the logo can be something inspirational or comforting like I find in the following photo from goodtimecharlieblog.com My saying would be: “To Err is human, but to not get up is unforgiveable, now and get in that fking experimental rocket before we shoot you in the head…”
“China looking to public to name space station BEIJING – CHINA is asking the public to help come up with a name and logo for its future space station in a sign of growing confidence in its ambitious programme.” |
Posted in China Fact, Cultural oddities | Leave a Comment »
Who Wants to Be a Chicom? Who Wants to Be a Millionaire?
Posted by w_thames_the_d on April 26, 2011
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Contaminated Water in Northeastern China- Where Will China’s Eco-Refugees End Up?
Posted by w_thames_the_d on April 26, 2011
“HARBIN, April 24 (Xinhua) — About 9,000 people in a northeastern China county have to line up in front of temporary water supply stations to get drinking water after their tap water was found polluted, authorities said Sunday. Many local residents in Yilan County, Heilongjiang Province, have been reportedly infected with intestinal illnesses since Friday.
Local government confirmed that the infection was caused by polluted drinking water after excessive amounts of e-coli bacteria was found in the drinking water.
People in 2,675 households in seven residential areas have been affected by the impure water, as of Sunday afternoon.
Zhang Wen, an official with the county, said some underground water supply pipes are aged and had fissures, so the underground water was polluted by waste water from the soakaway pits.
Six temporary water supply stations had been set up so far. The local government is working to repair and disinfect the problematic water supply systems.
Many local residents in Yilan County, Heilongjiang Province, have been reportedly infected with intestinal illnesses since Friday.
Local government confirmed that the infection was caused by polluted drinking water after excessive amounts of e-coli bacteria was found in the drinking water.
People in 2,675 households in seven residential areas have been affected by the impure water, as of Sunday afternoon.
Zhang Wen, an official with the county, said some underground water supply pipes are aged and had fissures, so the underground water was polluted by waste water from the soakaway pits.
Six temporary water supply stations had been set up so far. The local government is working to repair and disinfect the problematic water supply systems.
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