Business ecosystems in China
Subtitle: Alibaba and competing Baidu, Tencent, Xiaomi and Leeco
By: by Mark J. Greeven and Wei Wei
Contributors: Wei, Wei, 1984 April 5- author
Edition: First edition.
Publisher: Routledge, Taylor & Francis Group
Published: 2018
Place of publication: Abingdon, Oxon; New York, NY
Language: eng
Number of pages: 172
ISBN-13: 9781315209142
Subjects: Information technology; New business enterprises; Business incubators; Electronic commerce; Technologie de l'information; Aspect économique; Nouvelles entreprises; Incubateurs d'entreprises; Commerce électronique; BUSINESS & ECONOMICS; Commerce; Marketing; General; Sales & Selling; Economic aspects
Description: "We cannot afford to miss the remarkable rise of Chinese business ecosystems. Alibaba and their peers Baidu, Tencent, Xiaomi, and LeEco showcase unprecedented growth and success in China and are expanding their impact globally. With a combined market capitalization of close to 600 billion USD, incubating over 1,000 new ventures and an average annual growth of over 50%, they have become a force to reckon with for the likes of Google, Microsoft, Apple, Amazon, and IBM. 'Business ecosystem' is a frequently used concept to describe the unique competitive advantages of the American technology giants. This book explores not only the application of a business ecosystem approach in the Chinese context but also deals with the key strategic question: How did these five Chinese business ecosystems grow so rapidly and successfully? The book takes the growth and transformation of Alibaba's business ecosystem as a focus case in comparison with Baidu, Tencent, Xiaomi, and LeEco. These business ecosystems developed in less than 20 years and transformed from organic growth to rapid expansion by investment and acquisition, entrepreneurship and incubation of new ventures, continuous innovation, and internationalization. This book brings insights and practical lessons on leading, creating, and disrupting markets for corporate executives and professionals in global business, a comparative case study for researchers and students of management, and food for thought on Chinese ways of doing business."--Provided by publisher.
Notes: Includes bibliographical references and index.
Table of contents: title: Cover; Half title; Title Page; Copyright Page; Table of Contents; List of Figures; List of Tables; Preface; PART I: Business ecosystems in China; Chapter 1: Rise of business ecosystems in China; 1.1 Introduction; 1.2 What this book is about; 1.3 BATXL: Alibaba, Baidu, Tencent, Xiaomi and LeEco; 1.4 Our research; 1.5 Rise of business ecosystems in China; 1.6 Reading guide; References; PART II: Alibaba case; Chapter 2: Alibaba's ecosystem transformation: strategic change; 2.1 Introduction; 2.2 Origin of Alibaba Group: Ma Yun; 2.3 Beginning of an ecosystem.; title: 2.4 A decade of building an ecommerce ecosystem2.5 Diversification and creating new nodes; 2.6 Insights: Proactive transformation into a diversified business ecosystem; References; Chapter 3: Expanding by investing: speeding up the growth of Alibaba's business ecosystem; 3.1 Introduction; 3.2 From organic growth to high speed growth by investment; 3.3 Investments in emerging high growth sectors; 3.4 Spotlight cases: Successful investments; 3.5 China's regulatory context and the equity investment boom; 3.6 Insights: Emergent investment approach; References.; title: Chapter 4: Ecosystem entrepreneurship: five cases of venturing in Alibaba's business ecosystem4.1 Introduction; 4.2 Cross industry entrepreneurship: The story of AliHealth; 4.3 Cross industry entrepreneurship: The story of Cainiao smart logistics network; 4.4 Spin-out: The story of Koubei; 4.5 Experimenting: The story of Huashu Taobao; 4.6 Ali incubator: The story of hundreds of new CEOs; 4.7 Insights: Cross industry innovation and ecosystem entrepreneurship; References; Chapter 5: Continuous innovation: Ant Financial pioneering Internet finance (Chinese FinTech); 5.1 Introduction.; title: 5.2 The need for Internet finance5.3 Innovations in Internet finance; 5.4 Challenges: Regulation and business; 5.5 Insights: Continuous innovation across industry boundaries; References; Chapter 6: Alibaba's business ecosystem going global; 6.1 Introduction; 6.2 China going global: Motives of Alibaba; 6.3 Cross border ecommerce: Pioneering a trend; 6.4 Setting up overseas branches: Greenfield attempts; 6.5 Service internationalization: Reaching global scale; 6.6 Overseas investment and acquisitions: Diversification; 6.7 Insights: Alibaba's globalization motives, strategy and outcomes.