Less than a decade ago, young Chinese entrepreneurs with degrees from Stanford and Berkeley and experience at Microsoft, Hewlett-Packard and Oracle ( ORCL - news - people ) returned to their homeland to launch copies of eBay, Amazon.com, Google and Facebook. They used their Silicon Valley connections to nab venture capital, and a few trailblazing founders like Robin Li of Baidu and Bo Shao of Eachnet got rich when their start-ups went public or were acquired.
Entrepreneurialism in China is going local
