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How China Creates the Strongest Innovation System

The BMI Lab Blog

Massive investments, a huge market and the hiring of worldwide talent has boosted the Chinese innovative ecosystem. In fact, today, some of the biggest companies in the world are based there. For instance, in Q3 2017, Tencent, the Chinese Internet company that developed WeChat and QQ, overran Facebook in terms of market value.

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Insurance and Data Value

Information Playground

One salient example is the bankruptcy proceedings of Caesar's Palace.when a company attempts to generate additional revenue from their data assets. A great example of a company that turned data into revenue is 23andMe.in response to a company receiving a payment for the sale of a data asset. million in 2012.

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