AIVI Technologies: Asia Shifts from Fast Follower to Deep Tech Leader
Chao He, Founder & CEO at AIVI Technologies, discusses with CB Insights the evolution of Asia's innovation ecosystem, noting a significant shift from copying Western models to developing advanced deep tech.
Asia's innovation ecosystem has undergone a dramatic transformation over the past decade, according to Chao He, Founder & CEO of AIVI Technologies. A decade ago, the narrative surrounding Asia was largely focused on its role as a fast follower, adapting Western business models for local markets.
Now, a significant reversal is evident. China, in particular, has moved beyond consumer internet and app cloning to concentrate on hardcore deep technology development. This marks a strategic pivot towards creating original and advanced technological solutions.
He highlights that this evolution signifies a broader economic and innovative shift within the region. Companies are increasingly investing in fundamental research and cutting-edge technologies that have the potential to reshape industries.
This strategic move towards deep technology positions Asia as a growing force in global innovation, capable of developing and leading in advanced technological fields.