Friday, March 12, 2010:
He is the best-known face of China's IT industry. As the founding president of Google China, Kai-Fu Lee served nearly four years at the helm. He operates a widely-followed personal blog in the country and is constantly seeking to recruit gifted Chinese IT engineers for his firm-Innovation Works. So far it has received investment from such names as YouTube co-founder Steve Chen and iPod manufacturer Foxconn.
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Now, Mr Lee is looking to build his life's dream: a Chinese 'Silicon Valley', which will offer the best to talented Chinese Web technology developers. He says the Chinese must learn the values of commitment and hard work if they wish to emulate the success Silicon Valley has enjoyed over the years. He has blamed China's "fundamentally flawed" education system that has yet to learn out-of-the-box thinking and to question established patterns, for its lack of technological innovation, says The Telegraph.
"Chinese entrepreneurs have the same level of passion, but the out-of-the box thinking that [Google founders] Larry Page and Sergey Brin had is very hard to come by," he says. "Their ideas are clever, but they're not a paradigm shift. For that we will still have to look to the Valley for some time."
Ashish Joshi, EFYTIMES News Network
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