Shenzhen, China: The next Silicon Valley?
The Information Age website reported that the telecommunications giant Huawei has committed $400 billion to R&D over the last ten years, and other companies are following this trend – placing the ethos of innovation at the heart of Shenzhen’s business and social culture. The organisation’s structure is setup to maximize creative and innovative expression. The company relies on the collective wisdom of all the employees to enhance decision-making and product development with the end user in mind. This new kind of business model is reflected by Huawei’s Global Innovation Hive, where company direction is based on the collective intelligence of a global team. Openness and collaboration are essential for innovation, and Huawei is leading this revolution with a string of best-in-class partners, across the world.
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