ACCORDING TO FROG RESEARCH, USERS AREN’T NECESSARILY CONCERNED ABOUT WHICH COMPANY INVENTS SOMETHING FIRST BUT WHICH STAYS SLIGHTLY AHEAD OF THE TREND.
China’s Four Great Inventions--papermaking, the compass, gunpowder, and printing--were innovations from bygone eras. When looking at China’s history over the past 50 years, it’s very difficult to find a single innovation that has made a significant impact on the world. Instead, the “Chinese version of something Western” phenomenon has characterized much of China’s recent product launches. For example, Taobao.com is essentially the Chinese version of eBay, and Youku.com is the Chinese version of YouTube.
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