Posted on 11/27/2007 1:13:41 PM PST by charles m
BEIJING: China's Internet start-ups are primed to keep growing, nourished by plentiful capital and a huge pool of engineering talent, leaders of top U.S. Web companies said Tuesday.
Top China executives from Google and Microsoft Corp. said Chinese Internet companies were undergoing the sort of development enjoyed by their U.S. rivals in the 1990s.
"For many Chinese young people and young students, they have a very strong desire for innovation, for being successful, for starting their own businesses," Kai-Fu Lee, vice president of Google Inc. and president of Google Greater China, told participants in an industry conference in Beijing.
While warning of a get-rich-quick mentality among some in the Chinese industry, Lee and others said strong investor interest and an educational system that produces about 300,000 new information technology graduates every year — around five times that in the U.S. and twice that of India — laid the groundwork for years of continued steady growth.
"So the nation has such a huge talent potential," Lee said. "I think there will undoubtedly be innovation in China."
(Excerpt) Read more at iht.com ...
The chairman of Microsoft China says the company will add 1,000 engineers in the country by next June, according to reports by Bloomberg News and Reuters today.
The news agencies say the company currently employs 5,000 people in China, including 3,000 engineers. The 5,000-employee total is about 6 percent of Microsoft's global employee base. The company employs about 35,000 people the Seattle region.
http://www.bloomberg.com/apps/news?pid=20601080&sid=aLlW1KwOL5L8&refer=asia
If the Chicoms sabotage Microsoft software, will we be able to tell?
“Google chief says China’s huge pool of young talent will spur Internet innovation”
Indeed. When they pirate Googles search algorithms and duplicate the Google search engine and sell adds for less....then lets see how “impressed” the blokes at Google are.
hahahahahha
Umm...ok, examples of chinese innovations...thinking....thinking..
...well I am sure that those 1000 Chinese software engineers, who were probably schooled in the West, will be great innovators.
What's the old joke about monkeys and typewriters?
Schooled in the West where fewer and fewer Americans learn math and are becoming engineers. Small wonder America can no longer lead the world in innovation. Something has to change.
hey now, you’re not supposed to reveal the truth...lol
"Why, we'll be able to impose a Fairness Doctrine on the American public and they won't even know it! It'll be just like what we're developing in China," said a google spokesman. "No more hateful talk from those darn bigots on the right."
25 years ago complacent execs in Detroit made the same claims about Japan. They can’t innovate, they just steal and improve on American ideas. The last 25 years has shown Japan plenty able to innovate, and that the next 10-25 will show China to be even more able. Of all people, the readers here at FR should be most aware of how our educational system has failed, how small businesses are crushed with govt red tape and legal system abuse, and big businesses are fat and lazy and spend as much time courting politicians as they do seriously dealing with international competition.
Google chief says China’s huge pool of young talent will spur Internet innovation
China has had a huge pool of young talent for decades and all it spurred was fodder for their communist masters.
Bingo!
With the exception of a small percentage, the American Public Education System is a colossal failure that pushes medocrity at its best...and collective idiocy at its worst.
I think they used the Chinese to create Vista.
When the companies reward Americans who become engineers with jobs, and stop shipping them overseas or beinging in H1B replacements, you will see American youngsters major in engineering again.
You are right about that. Free the American company from government taxes, regulations and government welfare, and they’ll get back to being innovative too.
Let them sabotage it. Can Vista be any worse than it is now?
There is plenty of engineering work to be done here. But kids are graduating from high school essentially math illiterate. Complicating things is that it's the rare kid that likes math. They score poorly on the SAT math portion and avoid it in college. So the companies have got to find somebody that can do it and they find them overseas where everyone's a math whiz, or so it seems. (We used to cuss the Asian students in graduate business school because they would invariably blow the curve for everyone else because they scored so well on the test.)
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