China’s Torch Program – the glow that can light the world (Part 2 of 5)
Steve Blank
APRIL 11, 2013
Torch has four major parts: Innovation Clusters , Technology Business Incubators (TBIs), Seed Funding (Innofund) and Venture Guiding Fund. The Torch program created Innovation Clusters by creating national Science and Technology Industrial Parks (STIPs), Software Parks, and Productivity Promotion Centers. Innovation Clusters.
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