"Transforming" Of Robots

As the "Robot" has swept all over the world,a company named Siasun Robot&Automation Co.,Ltd comes into the public eyes.The company was founded in 2000,as an innovation-oriented high-tech company,which has grown from a small-sized entity to a famous company that is listed on Growth Enterprise Board(GEM).Problems and challenges experienced by Siasun in its early years and through its development are representative of those that most high-tech startups in China would face.This paper reviews the evolution of corporation governance in Siasun in the past 15 years,with emphasis on the time-varying features of Siasun's growth phase-dependent corporate governance mechanism.By analyzing various dimensions of Siasun's corporate governance mechanism including incentive compensation plan and board structure,this paper generates insights on the importance of good corporate governance as a key determinant of entrepreneurial success and the role that the entrepreneur can play in enhancing corporate governance.It has valuable implications for the optimization of corporate governance performance in other high-tech startups in China.