In a recent speech, renowned sociologist and founder of Horizon Research Consulting Group, Yuan Yue, proposed that Shanghai should aim to foster ‘Bicorn’ companies. The term ‘Bicorn’—coined by Yuan—is a metaphor for a new generation of enterprises that combine the traits of both ‘unicorns’ (startups valued at over $1 billion) and ‘rhinos’ (stable, sustainable, and competitively resilient traditional businesses). He argues that many cities today overly prioritize high-valuation, fast-growth unicorn models while neglecting long-term corporate resilience and social value. As one of China’s most international and innovative cities, Shanghai is uniquely positioned—and responsible—for exploring a more balanced development path that encourages disruptive innovation while reinforcing industrial foundations and sustainability.Yuan emphasized that Bicorn companies should not only lead in technology or business models but also demonstrate solid operational capabilities, sound governance, and positive social and environmental impacts. He recommended that Shanghai systematically optimize its policy support, talent attraction, financial ecosystem, and industrial collaboration to nurture such enterprises. This vision aligns with China’s national strategy of pursuing high-quality development, shifting focus from speed to quality. By cultivating Bicorns, Shanghai could carve out a distinctive global competitive edge that blends innovation with stability.
在近期的一次演讲中，知名社会学家、零点有数创始人袁岳提出，上海应致力于打造“双角兽”企业。所谓“双角兽”，是袁岳对兼具“独角兽”（估值超10亿美元的初创企业）与“犀牛”（稳健、可持续、具有长期竞争力的传统优势企业）特质的新一代企业的形象比喻。他认为，当前许多城市过度追逐高估值、快增长的独角兽模式，却忽视了企业长期韧性与社会价值的构建。而上海作为中国最具国际化和创新活力的城市之一，有条件也有责任探索一种更平衡的发展路径——既鼓励颠覆性创新，又注重产业根基与可持续发展。袁岳指出，“双角兽”企业不仅要在技术或商业模式上具备领先优势，还应拥有扎实的运营能力、良好的治理结构以及对社会环境的积极影响。他建议上海在政策支持、人才引进、金融生态和产业协同等方面进行系统性优化，为这类企业成长提供土壤。这一理念也呼应了国家推动高质量发展的战略方向，强调从“速度优先”转向“质量优先”。通过培育“双角兽”，上海有望在全球城市竞争中走出一条兼具创新力与稳定性的独特道路。
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