Shenzhen's Secret? Failure tolerance in R&D
Aug 06, 2025•21 min
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Episode description
Shenzhen is breaking new ground by rolling out a policy which accepts failure as part of the research process, even when state funding is at stake. It pushes back against the old belief that only success matters, opening up space for bold ideas to take root. Could this policy redefine how innovation happens in China? On the show: Heyang, Steve Hatherly & Li Yi
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