An innovative business model which binds together companies by shared users and services, is at the heart of success of China's big digital brands.

A new book: Business ecosystems in China analyses the remarkable rise of Chinese business ecosystems. Alibaba and their peers Baidu, Tencent, Xiaomi and LeEco showcase unprecedented growth and success in China and are expanding their impact globally. With a combined market capitalization of close to 600 billion USD, incubating over 1,000 new ventures and an average annual growth of over 50%, they have become a force to reckon with for the likes of Google, Microsoft, Apple, Amazon and IBM. 

In this FCCC talk, in association with the Bookworm, the authors will explore why the business ecosystem approach works in and beyond China and how the digital giants are expected to impact the global business world.

Mark J. Greeven is a Chinese-speaking Dutch Professor of Innovation and Entrepreneurship at Zhejiang University, China. For over a decade he has been collaborating with Chinese innovative companies and entrepreneurial multinationals. His work has been published in academic journals and newspapers like The Financial Times, Nikkei Asian Review, South China Morning Post and China Daily. He is on the 2017 Thinkers 50 Radar list of 30 next generation business gurus.

Wei Wei is an entrepreneur, investment professional, and the founder of GSL (www.gslpartner.com), an innovation management consultancy. Combining international experience in engineering and venture capital, she helps multinationals and ventures improve innovation practices and achieve growth. She received her master degrees in engineering from Tsinghua University and RWTH Aachen University.