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Charles Eesley explains the secret sauce for successful startups in China

Please note that prior to September 2017, the Center on Global Poverty and Development was known as the Stanford Center for International Development (SCID).

Portrait of Charles Eesley

<p>Eesley finds that China will need to evolve its policies if it hopes to encourage innovative startups</p>

Mar 4 2016

Posted In:

Research Spotlights, SCID News

Each year hundreds of budding entrepreneurs from all over the world descend on Silicon Valley in search of the secret sauce. What makes this environment ripe for creativity and innovation? Can the environment be replicated in another country?

Charles Eesley, an assistant professor in the Department of Management Science and Engineering and SCID Faculty Affiliate, has been studying the implications of institutional change for entrepreneurship in the United States, China and Japan. This week, a study by Eesley and collaborators Delin Yang, a professor at Tsinghua University, and Jian Bai "Jamber" Li, a doctoral student at Stanford, was published in Organization Science that analyzes the successes and failures of one of China's primary efforts to encourage innovation.

The work looks specifically at Project 985, an educational reform program funded and implemented by the government of the People's Republic of China and launched in 1998, which sought to foster a belief in the importance of innovation among students of 39 partner universities.

Read the Q&A with Eesley in Stanford News