By: Justin Taubman
After meeting with many successful entrepreneurs at some of China’s top start-up incubators and accelerators in Shanghai, it is clear that China is getting serious about entrepreneurship. Until recently, Chinese families have not been very supportive of their children leaving secure jobs to pursue entrepreneurial ventures. The most educated and wealthy families have always pushed their children towards traditional businesses, but that is starting to change. The Chinese government has realized the importance of innovation and the creation of new businesses and technology. While traditional careers in industries like finance, engineering, or medicine are still pursued by many, the government support of these initiatives has made entrepreneurial pursuits more accepted. Continue reading