4Indeed, China has 120 a hit startups, greater than half of case study solution 234 unicorns globally. 5 Chinese startups are excelling as a result of they can quickly reach scale in case study answer large market, and they can tap a becoming talent pool, enormously specialists with PhDs twice as many as those in case study answer U. S. They also are displaying a stronger risk tolerance that’s allowing them to behavior “fearless experimentation” to push out new products as fast as feasible. With case study solution rise of electronic disruption, these unicorns are desperate to take big risks and put their country back on case study answer map as an innovator. 5How Multinationals Can Leverage This Energy Hengyuan Zhu, associate professor and deputy chair in case study answer Department of Innovation, Entrepreneurship and Strategy at Tsinghua University, believes that startups are a success as a result of they’re training “contextualized innovation.