I... agree but isn't then contradicting your previous point that innovation will come from large companies if they only try to secure monopolies rather than genuinely innovate? I don't understand from that perspective who is left to innovate if it's neither research (focusing on publishing, even though having the actual novel insight and verifying that it does work), not the large companies... and startups don't get the funding either. Sorry if you mentioned it but I'm now confused as what is left.
They just provide the data. They can question the methodology or even provide another report with a different methodology but if the data is correct (namely no fabricated) then it's not up to them to see how it's being used. The user can decide how they define startup, i.e which minimum size, funding types, funding rounds, etc. Sharing their opinion on the startup landscape is unprofessional IMHO. They are of course free to do so but to me it doesn't question the validity of the original report.
Please clarify, as I asked in https://lemmy.ml/post/20245112/13688624 I don't see how that's relevant. They are sharing opinions from startup CEO or numbers that are about large "old" (much earlier than the boom, e.g Ant, Shein, ByteDance). That's certainly interesting but does not contradict figures from the article.
Research happens through university, absolutely, and selling products at scale through large companies, but that's not innovation. Innovation is bringing new products, that is often the result of research yes, to market. Large companies tends to be innovative by buying startups. If there are no startups coming from research coming from universities to buy, I don't see how large companies, often stuck in the "innovator dilemma", will be able to innovate.
Thanks for linking to criticism but can you highlight which numbers are off? I can see things about ByteDance, Ant group, Shein but that's irrelevant as it's not about the number of past success, solely about the number of new funded startups. Same as the CEO of ITJUZI sharing his opinion, that's not a number.
Edit: looks totally off, e.g "restaurants, in a single location, such as one city, you could immediately tell that there were large numbers of new companies." as the article is about funding, not a loan from the bank at the corner of the street.
OK... unable to argue, blocked.
Thanks for the in depth clarification and sharing your perspective.
this is a good development
Keeping finance in check is indeed important so I also think it's good.
What about the number of funded startups though and the innovative products they would normally provide customers? Do you believe the measures taken will only weed out bad financiers or will it also have, as a side effect, to bring less products and solutions out? Does it mean research will remain academic but won't necessarily be commercialized or even scaled? If you believe it will still happen, how? Through state or regional funding and if so can you please share such examples that grew for the last 5 years?
Founded in 2019, right after the peak according to the very graph I highlighted.
Neither I nor the article is saying there are no more startups nor innovation from China. What the article is saying is that it's radically less than 7 years ago. You can still list few amazing Chinese startup from 2023 or 2024 and it would still not make the article "nonsense".
Just ran a VR game for Windows just this morning, worked like a charm, didn't tinker one minute (using Proton and SteamVR, Valve with NVIDIA, just for context).
Then you also read things like https://www.forbes.com/sites/jasonevangelho/2024/08/21/linux-scores-a-surprising-gaming-victory-against-windows-11/ on non technical websites... and can't help but wonder if it "will" be easier or... if it's already done.
plain old Konsole
Come on now, it's pretty active! Cf https://invent.kde.org/utilities/konsole/-/commits/master/?ref_type=HEADS 13hrs ago, a new feature weeks ago and https://konsole.kde.org/changelog.html
I believe that's precisely the point of the article, that there will be no new BYD which was funded 29 years ago.
Care to unfold a bit more what's hilarious? Which metrics from the article are wrong or irrelevant for example? You might disagree with the conclusion, and maybe rightly so, but are you saying the data itself, e.g number of companies funded is false? Or it does not matter and something else could help better understand the situation?