The rise of tech disruptors in China and how Alibaba, Tencent, Baidu innovate to rival U.S. tech companies. Key insights + framework:
1. Jack Ma:"If you plan, you fail. React quickly, don't strategize." 2. Innovate 4 things: process, product, practice, service 3. Creation should not be in isolation (inclusive approach). 4. Chinese global expansion through: aggressive acquisition, M&A, acquihire 5. Xiaomi: crowdsourced ideas to innovate fast 6. Tencent: focus on mobile strategy in consumer market 7. Chinese gov: invest heavily in R&D