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+
Entrepreneurial Opportunities:
Factors Used in Evaluating Home Country vs. the Host Country
+
Study Overview
¨C? DDIE ¨C Developed to Developing International Entrepreneurs.
We defined Developed Country using United Nations HD Index
(top 50)
¨C? Comprehensive Study ¨C Covering Demographics,
Opportunity Selection, Market Entrance, Government Policy,
Quality of Life and Immigration
¨C? Part I : Demographics / Opportunity Selection
¨C? Broad Reach ¨C Interviewees from 25 different countries, located
in 10 different MSA (Metropolitan Statistical Area) across China.
¨C? Wide Spectrum ¨C Covering from Startup to International Brand
+
PART I
Participant Demographics
+
Demographic
Home Country
+
Unique Point
Country Origin
n? United States had highest participation (29%)
n? Germany¡¯s (8%) D.A.A.D. program ¨C promotes students
study aboard has significant impact in supporting German IE
Development
City of Residence
n? DDIE seek existing clusters. Either for commerce, safety or
share like-minds. One reason both Shanghai and Beijing have
higher DDIE participation.
n? NOTE: DDIE Incubators without DDIE community, DO NOT
increase local DDIE growth.
n? Example: Dalian¡¯s SOS Ventures ¨C This venture didn¡¯t
contribute to long term local entrepreneur clustering.
+
Demographic
Residence City
Country of Origin
+
Demographic
Age
+
Unique Point
Startup Age is getting younger :
n? Average Startup Age ¨C China DDIE (2002) ¨C 37 years Old
n? Average Startup Age ¨C China DDIE (2013) ¨C 25 years Old
New DDIE More Focused / More Entrepreneurial
n? DDIE are starting up with MORE entrepreneurial experience
(then previous years), NOT just unemployed.
While Old Dragon¡¯s retire:
n? Current Post-40 Tend shows significant participation drop-
off.
+
Demographic
+
Demographic
Gender
+
Unique Point
n? Female participation in DDIE has increased significantly ,
From 5% in 2002 to 22% in 2013.
n? Today, Female DDIE have a significant participation in China
F&B, Retail and Personal Services
n? Post 2002, Female DDIE participation tied to Spouse
Overseas Deployment, this has changed.
+
Demographic
+
Demographic
Education
+
Unique Point
n? Majority of DDIE (53%) have Post-Graduate Degrees
n? Developed Countries - Domestic Entrepreneurs (only 12%
have Post Graduate Degrees) US Census
n? Immigrant Entrepreneurs in United States (20% have Post
Graduate Degrees) US Census
n? DDIE come to China with Advanced degrees. Instead of
Earning their Degree in Country.
+
Demographic
+
Challanges
+
Challenges for DDIE success:
n? First, Lack of Local Social Capital
n? Second, Lack of Understanding and Access to Government
Policy
n? Finally, Lack of Access to Distribution Channels
Challenges
+
Conclusions
+
Conclusions
n? Long term issues in favoring local businesses
n? Poor history on Changing Policy and NOT Grandfathering
Current Businesses
n? Constraints on resources handled by government, NOT
public sector (lack efficiency)
n? Lack of Social Education ¨C Possible niche for Foreign
Businesses (not just teaching English)
Conclusions
+
Thank You
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China- Presentation.final

  • 1. + Entrepreneurial Opportunities: Factors Used in Evaluating Home Country vs. the Host Country
  • 2. + Study Overview ¨C? DDIE ¨C Developed to Developing International Entrepreneurs. We defined Developed Country using United Nations HD Index (top 50) ¨C? Comprehensive Study ¨C Covering Demographics, Opportunity Selection, Market Entrance, Government Policy, Quality of Life and Immigration ¨C? Part I : Demographics / Opportunity Selection ¨C? Broad Reach ¨C Interviewees from 25 different countries, located in 10 different MSA (Metropolitan Statistical Area) across China. ¨C? Wide Spectrum ¨C Covering from Startup to International Brand
  • 5. + Unique Point Country Origin n? United States had highest participation (29%) n? Germany¡¯s (8%) D.A.A.D. program ¨C promotes students study aboard has significant impact in supporting German IE Development City of Residence n? DDIE seek existing clusters. Either for commerce, safety or share like-minds. One reason both Shanghai and Beijing have higher DDIE participation. n? NOTE: DDIE Incubators without DDIE community, DO NOT increase local DDIE growth. n? Example: Dalian¡¯s SOS Ventures ¨C This venture didn¡¯t contribute to long term local entrepreneur clustering.
  • 8. + Unique Point Startup Age is getting younger : n? Average Startup Age ¨C China DDIE (2002) ¨C 37 years Old n? Average Startup Age ¨C China DDIE (2013) ¨C 25 years Old New DDIE More Focused / More Entrepreneurial n? DDIE are starting up with MORE entrepreneurial experience (then previous years), NOT just unemployed. While Old Dragon¡¯s retire: n? Current Post-40 Tend shows significant participation drop- off.
  • 11. + Unique Point n? Female participation in DDIE has increased significantly , From 5% in 2002 to 22% in 2013. n? Today, Female DDIE have a significant participation in China F&B, Retail and Personal Services n? Post 2002, Female DDIE participation tied to Spouse Overseas Deployment, this has changed.
  • 14. + Unique Point n? Majority of DDIE (53%) have Post-Graduate Degrees n? Developed Countries - Domestic Entrepreneurs (only 12% have Post Graduate Degrees) US Census n? Immigrant Entrepreneurs in United States (20% have Post Graduate Degrees) US Census n? DDIE come to China with Advanced degrees. Instead of Earning their Degree in Country.
  • 17. + Challenges for DDIE success: n? First, Lack of Local Social Capital n? Second, Lack of Understanding and Access to Government Policy n? Finally, Lack of Access to Distribution Channels Challenges
  • 19. + Conclusions n? Long term issues in favoring local businesses n? Poor history on Changing Policy and NOT Grandfathering Current Businesses n? Constraints on resources handled by government, NOT public sector (lack efficiency) n? Lack of Social Education ¨C Possible niche for Foreign Businesses (not just teaching English) Conclusions