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So how do Chinese Entrepreneurs maintain competitive advantage and profit ?
by petra 7y ago
So how do Chinese Entrepreneurs maintain competitive advantage and profit ?
- baybal2 7y agoThink a bit yourself. If you struck gold, you have zero chance not being cloned. 1. Do not strike gold — look for an easily entrechable position in niche market, like a lot of companies in US do 2. Economies of scale — works until your competitor bribes a banker for a giant loan 3. Be one step ahead — look at FAB business. In microelectronics fabrication, everybody copy each other, and you can't do anything about it, but somehow companies still maintain their positions
- petra 7y agoYou always have to be one step ahead. No competitive edge lasts forever. But there's a big difference between being cloned in a month, and being cloned in a year. Within a year, maybe you could build a brand, create v2, have some economies of scale in dealing with your suppliers(harder to bribe), create some internal expertise. The last situation is somewhat similar to the fabless companies.
- userbinator 7y agoBy cloning and then improving.