Sunday, December 11, 2011

The brave new China: innovation by decree.

The mayor of Beijing has a simple policy. If you want to buy a gasoline-fueled car, you enter into this lottery, and if you win, you can drive that car four days out of seven. If you would like to drive seven days of seven, you have to buy an electric car. That looks like a great opportunity. They are, in this way, creating clean-tech markets.

This is from the MTR interview with Christina Lampe-Onnerud, founder of a battery startup, who moved her company from the US to China. Read the whole piece; it's a good example of how China tries to address its scalability problems I posted about earlier. Air pollution in Beijing and other major cities is one of those problems, which the drastic innovation measures are intended to solve.

tags: scale, problem, solution, innovation, diffusion, startup. storage

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