How China Creates the Strongest Innovation System
The BMI Lab Blog
DECEMBER 6, 2017
In 2003 BYD created an automotive subsidiary, specializing in building electric cars. The best part of this strategy is that risk is reduced, since the company relies on successful designs to adapt their own. Venture capital investments in leading technologies, 2016 (Source, PitchBook; McKinsey Global Institute Analysis).
Let's personalize your content