Description
Data pertaining to yang mamas thousland enterprises ltd and new venture management in china.
Yang Mama's Thousland Enterprises Ltd and New
Venture Management in China
Tomas Casas Klett & Phil Rosenzweig
research platform Alexandriahttps://www.alexandria.unisg.ch | 02.02.2016
Ms. Yang Qiu Ping (Yang Mama) was a government official who founded and
run Shanghai’s Xuhui Software Base (SXSB) for 12 years. SXSB incubated 154
enterprises including big names that went public like Home Inns or Giant
Interactive. The experience supporting Chinese entrepreneurs and
understanding gaps and obstacles in the system lead her to conceive
Thousland in 2011.
At Thousland, aspiring entrepreneurs had the chance to access resources such
as funding and to build networks (guanxi). The case provides a glimpse into a
particular way in which new ventures were being nurtured in China and the
government’s direct and indirect roles. Thousland illustrates aspects of State
Capitalism, such as public-private partnerships applied to high-tech areas and
innovation. This contrasts with innovation models elsewhere, such as Silicon
Valley.
In addition to covering the perspectives of entrepreneurs and the Chinese
variety of capitalism, the case also hones on a third level; Yang Mama’s
personal bet once she had left government and went to the other side to
become an entrepreneur herself. Or, as she noted an “entrepreneur of
entrepreneurs”. Regardless of the support by Shanghai institutions, Thousland
had to generate revenue and monetize its new venture management services.
The business model was sophisticated, had both online and offline facets and
consisted of various components. These included free of charge guidance to
funders; investments in promising ventures and deal flow intermediation with
VCs; or the development of a network of a dozen high technology parks around
China.
The case might lead to a variety of discussions. For instance, is the described
model an effective way of launching new ventures in China, a growing economy
ever more in need of innovation yet still lacking the sophisticated capital
markets and other institutions to support high-tech entrepreneurship? Will
Yang Mama’s business model succeed, spread and become a reference across
China or beyond?
research platform Alexandriahttps://www.alexandria.unisg.ch | 02.02.2016
keywords Doing Business in China, Entrepreneurship,
Innovation, High-Tech Parks, State Capitalism, Yang
Qiu Ping (Yang Mama), Public-private partnership
(PPP), Business Models, Guanxi, Internet, Software,
research platform Alexandriahttps://www.alexandria.unisg.ch | 02.02.2016 2
Online Gaming, Shanghai Xuhui Software Base
(SXSB), Fudan University
type case study (English)
date of appearance 2014
publisher IMD (Lausanne, Switzerland)
review internal review
doc_451028195.pdf
Data pertaining to yang mamas thousland enterprises ltd and new venture management in china.
Yang Mama's Thousland Enterprises Ltd and New
Venture Management in China
Tomas Casas Klett & Phil Rosenzweig
research platform Alexandriahttps://www.alexandria.unisg.ch | 02.02.2016
Ms. Yang Qiu Ping (Yang Mama) was a government official who founded and
run Shanghai’s Xuhui Software Base (SXSB) for 12 years. SXSB incubated 154
enterprises including big names that went public like Home Inns or Giant
Interactive. The experience supporting Chinese entrepreneurs and
understanding gaps and obstacles in the system lead her to conceive
Thousland in 2011.
At Thousland, aspiring entrepreneurs had the chance to access resources such
as funding and to build networks (guanxi). The case provides a glimpse into a
particular way in which new ventures were being nurtured in China and the
government’s direct and indirect roles. Thousland illustrates aspects of State
Capitalism, such as public-private partnerships applied to high-tech areas and
innovation. This contrasts with innovation models elsewhere, such as Silicon
Valley.
In addition to covering the perspectives of entrepreneurs and the Chinese
variety of capitalism, the case also hones on a third level; Yang Mama’s
personal bet once she had left government and went to the other side to
become an entrepreneur herself. Or, as she noted an “entrepreneur of
entrepreneurs”. Regardless of the support by Shanghai institutions, Thousland
had to generate revenue and monetize its new venture management services.
The business model was sophisticated, had both online and offline facets and
consisted of various components. These included free of charge guidance to
funders; investments in promising ventures and deal flow intermediation with
VCs; or the development of a network of a dozen high technology parks around
China.
The case might lead to a variety of discussions. For instance, is the described
model an effective way of launching new ventures in China, a growing economy
ever more in need of innovation yet still lacking the sophisticated capital
markets and other institutions to support high-tech entrepreneurship? Will
Yang Mama’s business model succeed, spread and become a reference across
China or beyond?
research platform Alexandriahttps://www.alexandria.unisg.ch | 02.02.2016
keywords Doing Business in China, Entrepreneurship,
Innovation, High-Tech Parks, State Capitalism, Yang
Qiu Ping (Yang Mama), Public-private partnership
(PPP), Business Models, Guanxi, Internet, Software,
research platform Alexandriahttps://www.alexandria.unisg.ch | 02.02.2016 2
Online Gaming, Shanghai Xuhui Software Base
(SXSB), Fudan University
type case study (English)
date of appearance 2014
publisher IMD (Lausanne, Switzerland)
review internal review
doc_451028195.pdf