Management in the Digital Age Will China Surpass Silicon Valley?

In this Springer Brief, the author introduces how Chinese firms are successfully using their own variants of the 'Silicon Valley Approach' to management. The author begins the discussion by deliberating on the extent to which management models need to be

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Annika Steiber

Management in the Digital Age Will China Surpass Silicon Valley?

123

SpringerBriefs in Business

More information about this series at http://www.springer.com/series/8860

Annika Steiber

Management in the Digital Age Will China Surpass Silicon Valley?

123

Annika Steiber A.S. Management Insights AB Saltsjö-boo Sweden

ISSN 2191-5482 ISSN 2191-5490 (electronic) SpringerBriefs in Business ISBN 978-3-319-67488-9 ISBN 978-3-319-67489-6 (eBook) https://doi.org/10.1007/978-3-319-67489-6 Library of Congress Control Number: 2017953828 © The Author(s) 2018 This book was advertised with a copyright holder in the name of the publisher in error, whereas the author(s) holds the copyright. This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Printed on acid-free paper This Springer imprint is published by Springer Nature The registered company is Springer International Publishing AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland

Foreword

Management innovation is as important to economic progress as is technological innovation. Sadly, management and organizational innovation is more occasional than is technological innovation. That said, in recent decades Silicon Valley has provided to the world some of both. So have Japan and Europe. The Internet Age is allowing more business model innovation. Will it also portend more managerial innovation? Annika Steiber asks whether in today’s world, China can catch up and surpass Silicon Valley because of better management. In doing so, the authors put on the table an important question for all to consider. Until recently, China was thought of by many as a copycat economy. That has clearly changed, as many Chinese companies are successful innovators. Can China now also be thought of as a fountainhead of management innovation from which others can and must learn? Steiber suggests that it ca