IS 427: Technopreneurship Study Mission China (Beijing)

Course Design Document:

IS 427: Technopreneurship Study Mission China (Beijing)

29 June 2011

IS 427: Technopreneurship Study Mission China (Beijing)

Academic Year 2011-12: Term 1: August to December 2011.

Facilitator: Lee Wee Leong Assistant Professor of Information Systems (Practice) SIS Room 40-35 +65 6828 0937 wllee@smu.edu.sg China - Beijing

Offices: Phone: Email: Venue:

Travel Date: 27th Nov 4th Dec 2011 (Week 16) Teaching: Assistant Class Size: Subsidy: To be announced

Maximum of 25 75 % of the airfare, accommodation & transportation will be subsidized

Prerequisite: None. Those enrolled in the Technopreneurship track will get priority. Special note: Students who are unable to make it on the travel dates (27th Nov 4th Dec 2011, Week 16) are advised not to take this module. Students enrolling for the course will be required to pay a deposit of approximately S$600 for the cost of boarding, lodging and the airfare differential on week 2. Students at their own expense are to prepare a memento for each company visited to express our appreciation for hosting the group. TA will coordinate.

Synopsis
After joining the WTO in early 2000, China has been rapidly integrated into the global economy. To expand its domestic market and place less emphasis on export growth, technopreneurship is playing a leading role in creating jobs for the population and shifting the countrys source of growth towards domestic demand. More than 60 technopreneurship parks have been established in major cities. Beijings Zhongguancun is often hailed as Chinas new Silicon Valleys. The Chinese Academy of Sciences, as well as a dozen famous colleges and universities, including Beijing and Qinghua Universities are located in Zhongguancun in Beijing's Haidian District. The relatively open sharing of information over the Internet and the setting up of technopreneurship parks to agglomerate both physical and intellectual resources has allowed technopreneurs to tap on them unhindered. Technopreneurship has the potential to set off
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IS 427: Technopreneurship Study Mission China (Beijing)

chain reactions and achieve high gearing effects for economic growth; it has become the new domestic engine driving Chinas economy. Judging from the growing statistics, it is expected that technopreneurship will become an increasingly prominent trend in China.

Objectives
This course will help Introduce students to the vibrant entrepreneurship scene in China (Beijing). Develop an understanding of the factors leading to the proliferation of start ups in China (Beijing). Aspiring student entrepreneurs apply their findings to their own new venture journey. Students understand how and why entrepreneurs in China (Beijing) were able to start up technology based companies. Motivate and facilitate SMU students to start their own technology based companies in other parts of SE Asia. Students explore Technopreneurship related internship opportunities with the companies that they visit.

Course Outline/Schedule
Class Week 1 Week 2 Week 3 Week 4 Topic Course Introduction & Organization: Team formation Understanding China Entrepreneurship and Innovation in China Evolvement of Entrepreneurship in China Reference/Teams Deliverables

Presentation - Books 1,2,3 (Team 1,2,3) Presentation - Books 4,5 (Team 4,5,6) Presentation Book 6 (Team 7,8) Presentation (Team 1,2,3,4) Presentation (Team 5,6,7,8)

Presentation Pay deposit Presentation Presentation Book Review Reflection Journal Presentation Presentation Company Review Reflection Journal

Week Company Reviews 5 Week Company Reviews 6 Week Trip to Beijing 16 Week Final Presentation & Report 17 submission

Presentation

Presentation Final Report

IS 427: Technopreneurship Study Mission China (Beijing)

Trip Itinerary
Minimum of two company visits per day, detail itinerary will be provided later.

Assessments
Students will be assessed on the following performances. Component Topic 1 2 3 Pre-Trip Presentations Book Review (max 45 min + 15 min Q&A) Company Review (max 20 min + 10 min Q&A) Quality of Discussions During the Trip Reflection Journals Pre-Trip (max 500 words per lesson/week) During Trip (max 200 words per company) Trip Post-Mortem Presentation (max 15 min + 5 min Q&A) Report (max 1000 words) Class participation/Help Rendered to others Pre-Trip (in-class) During Trip Assessment Type Team Individual Individual Percentage Total - 20% - 10% - 10% 20% Total - 20% - 10% - 10% Total - 20% - 10% - 10% 20% - 10% - 10%

Team

Individual

Students are to form teams of THREE members for the assignments. TA will coordinate.

Assignments
1. Pre-trip Team Presentations (Submit softcopy to Faculty) a. Each team will present their findings in class based on a book assigned to them. b. Each team will present their findings in class based on the companies assigned to them. c. Each team is to come up a list of questions for the companies during the visits. d. Students are required to link their findings to the mission of the course and the trip. 2. Individual Journals Reflection (Submit softcopy to TA) Each student should maintain a journal of the book review and company review that includes the following. a. Reflections on each lesson b. Key learning from each lesson 3. During the Trip a. Each team will be tasked to lead the discussions when the group visits that company. The discussion topics may include but not limited to: i. Introduction to the company
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IS 427: Technopreneurship Study Mission China (Beijing)

ii. Motivation for starting the company iii. Key challenges faced during different stages of growth iv. Experience in getting investments v. Employee Stock Ownership Plan (ESOP) and hiring strategies vi. Intellectual Property (IP) strategy vii. What worked and what did not work viii. Strategy for growth ix. Exit Strategy (Trade sale Vs IPO) x. Key lessons learnt b. Trip Journal Reflection (Submit softcopy to TA) List THREE takeaways for each company visited 4. Post Trip Team Presentation & Report a. Final Team Report (Submit softcopy to Faculty) Describe China Entrepreneurship landscape from your trip experiences Brief overview of company you are assigned to lead Your understanding of the company before the trip What have you learned after visiting the company or interacting with the senior management/founder? Describe your key takeaways from the trip List a few key success factors with supporting argument Recommendations of how the trip can be further improved b. Final Team Presentation (Submit softcopy to Faculty) Focus only on the company you are assigned to study Your understanding of the company before the trip What have you learned after visiting them?

IS 427: Technopreneurship Study Mission China (Beijing)

Reference Books
SMU Library Title: The China Strategy : Harnessing the Power of the 2 World's FastestGrowing Economy Author(s): Tse, Edward Title: Capitalism with Chinese characteristics: entrepreneurship and the state Author(s): Huang, Yasheng.

Title: Innovation in China : The Chinese Software Industry Author(s): Jui, Shang-Ling

Title: Entrepreneurship in China Author(s): Yang, Keming

Title: Made in China : secrets of China's dynamic entrepreneurs Author(s): Nie, Winter

Title: China's Rational Entrepreneurs : The Development of the New Private Business Sector Author(s): Krug, Barbara

IS 427: Technopreneurship Study Mission China (Beijing)

Books Chapters
Book Title/Author(s) No 1 Title: The China Strategy : Harnessing the Power of the World's FastestGrowing Economy Author(s): Tse, Edward 2 Title: Capitalism with Chinese characteristics: entrepreneurship and the state Author(s): Huang, Yasheng. 3 Title: Innovation in China : The Chinese Software Industry Author(s): Jui, Shang-Ling Chapters Ch1 The Country That Cannot Be Ignored Ch2 Open China Ch3 Entrepreneurial China Ch4 Official China Ch5 One World Ch6 Vision Ch7 Versatility Ch8 - Vigilance Ch1 Just How Capitalist Is China? Ch2 The Entrepreneurial Decade Ch3 A Great Reversal Ch4 What Is Wrong with Shanghai? Ch5 Capitalism with Chinese Characteristics Team 1

Title: Entrepreneurship in China Author(s): Yang, Keming

Ch1 Twenty years of software development in China: A 3 look back at history from my perspective Ch2 Software industrialization and globalization: Opportunities and challenges for China Ch3 On the road toward Innovated-in-China: Examples from SAP Labs China Ch4 From Made-in-China to Innovated-in-China: Which macro-economic factors are still needed? Ch5 Factors influencing the transition: Education and intellectual property protection Ch1 The Puzzle of China, the Puzzle of 4 Entrepreneurship Ch2 Rules and Entrepreneurship Ch3 Institutional Holes and Double Entrepreneurship Ch4 Institutional Change and Entrepreneurial Strategies Ch5 The Entrepreneurial Process in China Ch6 The Entrepreneur, the Bureaucrats, and the Journalists: Huo Hongmin and the Huaqi Group Ch7 The Limits on Playing Institutional Holes: Mou Qizhong and the Nande Group Ch8 Entrepreneurial Authority and Institutional Autonomy: Xu Wengrong and the Hengdian Group Ch9 - Double Gambles

IS 427: Technopreneurship Study Mission China (Beijing)

Title: Made in China : secrets of China's dynamic entrepreneurs Author(s): Nie, Winter

Title: China's Rational Entrepreneurs : The Development of the New Private Business Sector Author(s): Krug, Barbara

Part I: The Competition between MNCs and Local POEs in the China Market Ch1 Wahaha: Danones Dream Partner and Nightmare Ch2 Nice: P&Gs Firece Local Competitor Ch3 Taobao: the eBay Killer Ch4 Who Are They? Part II: The Evolvement of Entrepreneurship in China Ch5 The Development of Chinese Commerce Ch6 Three Stories Part III: Understanding Entrepreneurs in Todays China Ch7 Who Are the Typical Entrepreneurs? Ch8 Business Model Part IV: Threats and Opportunities for MNCs: Competition and Cooperation with Chinese Entrepreneurs Ch9 Individual Characteristics for Their Success Ch10 How Can MNCs Compete with Them? Ch11 How Can MNCs Collaborate with Them? Ch1 Introduction : new opportunities, new sector, new firms Ch2 Rationality as a variable in comparative management theory and the possibility of a Chinese version Ch3 Entrepreneurship by alliance Ch4 Emerging markets, entrepreneurship and uncertainty : the emergence of a private sector in China Ch5 The role of social capital, networks and property rights in China's privatization process Ch6 The evolving institutional environment and China's state entrepreneurship Ch7 Localism and entrepreneurship : history, identity and solidarity as factors of production Ch8 Social capital in China : the meaning of guanxi in Chinese business Ch9 The (sometimes) rational approach to empirical research in China : a personal account.