How Tech Adoption Fuels China’s Innovation Boom

Zak Dychtwald, founder of the advisory firm Young China Group,
believes that the perception of China as a copycat and not an
innovator is outdated. Instead, he argues the willingness of
Chinese consumers to try new things is powering the country’s new
innovation economy. Technology adoption rates in areas such as
mobile payment are extremely high. He says non-Chinese companies
can learn important lessons from this rapidly changing market and
potentially use it to jump-start their own innovation engines.
Dychtwald is the author of the HBR article "China’s New Innovation
Advantage."