1. Inventing the New Silk www.jimdewilde.net THE NEXT GENERATION OF CHINESE VENTURE CAPITAL AND ENTREPRENEUR-LED WEALTH CREATION AND HOW CANADIAN GLOBALLY-ORIENTED ENTREPRENEURS CAN PARTICIPATE

2. THE NEW SILK AND THE PARTICIPATION OF CANADIAN ENTREPRENEURS INTERNATIONAL STUDENT ENTREPRENEURSHIP & LEADERSHIP PROGRAMME UNIVERSTITY OF TORONTO HART HOUSE OCTOBER 7th, 2011 INTERNATIONAL STUDENT ENTREPRENEURSHIP & LEADERSHIP PROGRAMME UNIVERSITY OF TORONTO HART HOUSE OCTOBER 7th, 2011

3. GLOBAL ENTREPRENEURSHIP AND GLOBAL VENTURE CAPITAL Chinese market creates new demands and new partnerships Canada’s competitive advantage: a globally-connected entrepreneurial community. Senegal meets Cambodia in Montreal, Hargeisa meets Chennai in Toronto. Canada’s second competitive advantage - areas of global leadership: e.g. hydro management, integrated smart grid and alternative energy, agricultural productivity and food sciences, environmental technologies like bioremediation, infrastructure management (railways, ports, urban transportation systems, waste management).

4. THE GLOBALLY CONNECTED ENTREPRENEUR – A CANADIAN BRAND Knowledge about India, Africa, Latin America, ASEAN countries, China, all in downtown Montreal, Vancouver, Edmonton, Calgary, Waterloo, Toronto, Saskatoon. Entrepreneurship as a state of mind, Frontier societies without defined economic patterns. Monnet’s view of Winnipeg in the 1920s and thinking about European integration.

5. WHAT WE CAN LEARN FROM AND ABOUT CHINA Thinking about China is essential to economic leadership All entrepreneurial economies build on competitive advantages. No one is great at everything. There is a world of shared digital business models where best practices in global mobility and internet content change daily and innovate from all geographical sources.

6. Global Entrepreneurship TIE THE INDUS ENTREPRENEURS TIMBUKTU CHRONICLES AFRICAN ENTREPRENEURSHIP BOTTOM OF THE PYRAMID Prahalad

7. Chinese innovation - a cornerstone of global wealth creation Yinglan Tan Rebecca Fannin

8. Gobi Ventures Portfolio Pan-Asia TV Channel Multi-platform Travel Media Multi-platform Travel Media Cloud computing company that enables digital artists to produce collaborative content Online Community for IT Developers and Professionals

9. Hao Shiming & Chen Xinmao http://www.artscenechina.com/chineseart/artists/haoshiming.htm#QuickLinks

10. Creative China

11. DIGITAL PANDAS (or DIGITAL PANGOLINS) THE NEXT COMPASS AND THE NEW SILK Chinese invention. Chinese entrepreneurs. First round is “sea turtles” business models come from established practices in venture capital backed digital entrepreneurship. New round is pandas/pangolins creating a unique knowledge ecosystem and commercializing it with designed business models.

12. Sea Turtles Ray Zhang as entrepreneur in FINANCIAL TIMES TRAVEL IS THE BEST ENTREPRENEURIAL TRAINING. IT GIVES YOU IDEAS LIKE A BRAZILIAN RESTAURANT IN SHANGHAI OR HOW TO CREATE THE DIGITAL ARCHITECTURE THAT MOROCCO OR NIGERIA NEED AS SECOND WORLD ECONOMIES GROW RAPIDLY. BRINGING BACK BUSINESS MODELS FROM GLOBAL DIGITAL ENTREPRENEURSHIP BEST PRACTICES.

13. Chinese venture capital companies portfolios (selected) www.chengwei.com www.newmargin.com CHENGWEI NEW MARGIN

14. TechRice on Chinese social media

15. Entrepreneurs need an ecosystem http://www.fastcompany.com/article/will-beijing-design-week-make-china-innovator-instead-copycat FROM IMITATION TO INNOVATION http://www.nytimes.com/2011/01/02/business/02unboxed.html?_r=1 THE POLITICAL ECONOMY OF INNOVATION http://www.forbes.com/sites/velocity/2011/02/17/why-india-doesnt-have-a-baidu-and-may-not/ THE DIFFERENCE BETWEEN CHINA AND INDIA’S ECOSYSTEM http://www.ft.com/intl/cms/s/0/2de775f6-652d-11e0-b150-00144feab49a.html#axzz1ZlL8HIGh INTEL’S ROLE IN CHINA ENTREPRENEURS NEED AN EXIT

16. TechRice and other sources re China’s entrepreneurial economy For a story on leading incubator, see http://en.chuangxin.com/ For quick analysis of current trends in venture capital in China, a good place to start is TECHRICE www.techrice.com. See also ZERO2IPO.COM www.zero2ipo.com. This year's comnference is http://www.zero2ipo.com.hk/cvcf/sv2010/default.asp. For social gaming in China, see an excellent presentation by Kai Lukoff of TECHRICE at http://www.slideshare.net/klukoff/about-kai-lukoff and see also Jens Hilgers of China Venture Labs at http://www.jenshilgers.net/. See below their piece from VENTUREBEAT http://venturebeat.com/2010/08/03/chinajoy-the-game-show-goes-on-despite-concerns-that-hardcore-game-growth-is-slowing/.

17. Innovation in the 21st Century The success of Chinese art, design and film are creating global industries and brands in fashion and creative industries. Innovation is a concept that European and North American investors and policy makers have had trouble defining for a long while. I wrote a long time ago that collisions of culture explain many historical innovations including the obvious beginnings of Italian pasta from a Marco Polo trip to … China. The way we adapt to ideas differentiates an Amsterdam where Spinoza accelerates perspective with innovation in lens manufacturing or Agra with its convergence of cultures innovating in architecture and philosophy or Silicon Valley where researchers from Russia contribute with Indians and Malaysians to design new software architecture. Sometimes innovation is when a Tamil meets a Moroccan and comes up with a new sauce for cooking lamb. Sometimes innovation is when a guided research project produces an industrial biotechnology product that extends the shelf life of cellophane wrapped fruits. Sometimes it is an idea or an application, for example a fast food chain coming up with a nutrition audit for customers who make 100 purchases.

18. Chinnovation or ERHU meets BACH The entrepreneurial window in China is too large to quantify. Chinnovation and new centres show adaptation, not just the venture capital strategy of emulating a digital infrastructure the way venture capital funds in Shanghai or Tunis do as they proliferate the digital economy. Inventive China has many opportunities: global leadership on fisheries management, the designed commercialization of new sources of energy from nanotechnology, the creative fusion of the 53 languages and cultures that mix in Kunming, the equally creative fusion of Chinese classical music with western forms as the erhu meets minimalism and John Adams chorale music, the development of a disruptive science of medical nutrition through extension of Chinese herbal remedies. All of this requires an entrepreneurial spirit and a moral imagination that sees how value is created from new ideas.

19. Innovation ecosystems in China – partnering with Novartis or Siemens China can partner with Nokia in global mobility, Siemens in manufacturing, Intel and Cisco in digital infrastructure, Novartis in healthcare and nutrition and shape the world’s leading commercialization ecosystems. Canadians and promoters of China-Canada innovation alliances have to design venture capital models in energy production, pipeline design, urban transportation system, water management (including irrigation and port megaprojects) that reflect our unique synergies.

20. Sea Turtles and the digital infrastructure business model (Chengwei portfolio) First generation post-Internet economy activities in China have been largely derivative models, a Chinese Yahoo, a Chinese Amazon, a Chinese version of all the Internet architecture, which is required for digital entrepreneurship. The second generation, where we are now, will see the development of unique Chinese business models and commercial products: the new silk and the new gunpowder. www.chengwei.com www.gobiventures.com

21. Canadian entrepreneurs and Chinese growth Hydro management and portable power with smart energy Nutrition production with agricultural productivity through fertilizer innovation. Water management from irrigation to purification technologies Global content with multicultural management teams. The New Silk and the New Compass are being commercialized today. China’s creative talent needs access to global markets. Innovative business models require global sources and open source global networks Chinese engineering is key to 21st Century global prosperity.