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Startups and corporates carry potential of emerging markets

Across emerging Asia, there is a willingness to embrace the entrepreneurial spirit among established institutions looking to reinvent themselves, and among the region's plugged-in youth.

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Staff at the HQ of Flipkart Online Services, India's most valuable Internet startup, in Bengaluru. Corporates can make bigger differences in the health of startup ecosystems in emerging markets than anywhere else.

ASIA is radiant with entrepreneurial heat these days. Cities such as Beijing and Singapore are showing up on lists of the top startup ecosystems in the world (Startup Genome, 2017). Inspired by local success stories such as e-commerce platform Lazada and ride-hailing app Grab, some entrepreneurs...

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