Page 182 - How China Is Winning the Tech Race

11. Saffo, a fellow at the Institute of the Future, is on sabbatical, doing
research and teaching at Stanford, where he is a consulting associate professor
in the School of Engineering.
12. The source is the World Intellectual Property Organization, “The Inter-
national Patent System in 2006,” PCT Yearly Review. In 2005, China also
had the world’s fastest growth rate for new patent filings, up 43 percent to
2,452, according to WIPO. In 2006, the United States had a 34 percent share
of patent applications globally. Measured by patent grants, China moved up
two notches to rank sixth, behind Japan, the United States, the Republic of
Korea, Germany, and France.
13. Dr. Kuhn is an adviser at Citicorp and also the author of The Man Who
Changed China: The Life and Legacy of Jiang Zemin. He noted that change
is being ushered in by a new generation of officials schooled in economics and
will be reinforced by the opening of the educational system to private own-
ership within a few years.
14. Suntech’s original backers included the Chinese venture firm DragonTech
Ventures.
15. The world ranking is from Forbes, “The World’s Billionaires,” May 8,
2007. China’s ranking is from Forbes, “The 400 Richest Chinese,” Novem-
ber 2, 2006.
16. Professor Shenkar authored a book called The Chinese Century.
17. The source is Bain & Co.
18. Tudou raised $18 million in April 2007 from Capital Today, General
Catalyst Partners, KTB Network, and return investors JAFCO, IDG Tech-
nology Venture Investment, and Granite Global Ventures.

Chapter One
1. This statistic is from the San Francisco-based market research service
Alexa Internet Inc., which measures Web page views, or the number of times
users look at a particular page on a site.
2. The China Internet Network Information Center reports that China has
162 million Internet users compared with the United States at 211 million as

156 SILICON DRAGON