Rice Bowl & Chips explains how Asian countries are using the Silicon Valley model to develop technology startups. Author Dennis Posadas enumerates the unwritten rules of innovation that have worked in Silicon Valley since the 1930’s, based on the works of scholars and other seminal works on technology entrepreneurship. Using these concepts as a benchmark, Mr. Posadas points out similarities and differences between Silicon Valley and Asian countries such as China, Taiwan, Singapore and Korea. He discusses concepts like proximity and creative destruction, intellectual property, the importance of universities, publications and patents, and the role of stock markets in encouraging venture capital.
Rice Bowl & Chips tackles the research capabilities and venture capital infrastructure of the major Asian countries. The book as a whole gives the reader a holistic picture of Asian innovation at large. At the end of the book, Mr. Posadas suggests how Asian countries can use the Silicon Valley model in ways different from how the United States and other developed countries use it.
Rice Bowl & Chips will be of particular interest to researchers, innovators, venture capitalists, policy makers, and those interested in Asian technology entrepreneurship.