Reason for action: Shanghai Semicon Hub and Dutch Excellence For both China and the Netherlands, the semiconductor sector represents a significant part of the domestic innovative ecosystem. The value chain in the Netherlands is one of the globally most competitive, due to a tight interaction between universities, engineering schools and businesses. International talents work together on both established and novel …
Shanghai government stimulates investing in start-ups
Summary Since February, the Shanghai government compensates investment firms for losses incurred while investing in early stage and seed funded tech startups. Goal is to encourage local entrepreneurship, especially those that bring “global impact” and “innovation” to the tech industry in China. Full message The Shanghai Science and Technology Committee (STCSM), together with the city’s finance bureau and its development …