Chinese Investments Abroad and High Tech Innovation
This piece for VentureBeat by Hagai Tal centers on the potentially negative impact of Chinese investments abroad on innovation in high tech sectors. The author, who is the CEO of Taptica and a member of the Aspen Global Leadership Network, expects that once current restrictions on capital outflows are loosened, perhaps as soon as summer 2017, this will mean more deals centered on revenue, moving us away from the current market driven by investors seeking disruption. He warns that, while there are positive aspects of the Chinese emphasis on revenue, it could ultimately result in missed business successes, missed strategic growth opportunities, and less innovation. He observes that "China has an opportunity to lead the global technology industry, but if that leadership is going to be sustainable, Chinese investors will have to start investing in ideas that promise to change the world".