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HKUST Biz School Magazine - Autumn 2019

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HKUST Biz School Magazine - Autumn 2019

Message from the Dean

Message from the Dean

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Entrepreneurship and Innovation - Empowering the future

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Driving Innovation

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The Secret of My Success

There’s not much Dr Allan ZEMAN doesn’t know about entrepreneurship and innovation. Drawing on a diverse array of experiences which include building an entertainment empire and resuscitating a failing theme park, Dr Zeman can truly talk in-depth about what it means to be an entrepreneur and innovator.

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The Secret of My Success

The Startup Spirit

An increasing number of top university graduates in Hong Kong are choosing to become entrepreneurs, and this is a heartening phenomenon for Peter YAN, Chief Executive Officer of Hong Kong Cyberport Management Co Ltd (Cyberport).

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A Wealth of Opportunity

When it comes to new technology like artificial intelligence (AI) and biotech, China is overflowing with opportunities for entrepreneurs and innovators who are willing to take risks and persevere, says Nisa LEUNG, Managing Partner at venture capitalist firm Qiming Venture Partners.

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Making it Real

Even with a great concept and talented individuals, getting a startup off the ground is hard work. Albert WONG, Chief Executive Officer of HKSTP explains how they help startups turn ideas into market-ready products.

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Making it Real

Growing Goodness

Yvette Yeh FUNG, Chair of The Yeh Family Philanthropy, has watched Hong Kong’s social entrepreneurship sector develop with her own eyes. The foundation provides resources and support for education, including courses and projects to inspire a new generation of social entrepreneurs and venture philanthropists to grow and shine.

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The Incubator

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Action is the Key

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Action is the Key

Ahead of the Curve

Axon Technology helps banks and insurance firms in China evaluate the creditworthiness of customers by using AI and big data. Its founder RAO Xiang, an IT expert and an HKUST EMBA alumnus, talks about his entrepreneurial journey and how he harnesses technologies.

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“An open-minded attitude is essential for both learning and leadership.” Rao Xiang, Founder and CEO of Axon Technology, HKUST EMBA

Keep it Simple

HKUST EMBA alumnus Victor RUIZ revolutionizes shoppers' experiences with smart mirrors for fitness, retail, smart living, and other verticals. His company actiMirror evolved from a Hong Kong startup to the world’s leading company in its segment. He advises against designing a product to do everything.

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Charging Ahead

HKUST alumna Jess CHENG founded the world’s largest transnational power bank sharing platform. A dedicated entrepreneur with fast track business growth, Cheng talks about her entrepreneurial journey.

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Empowering Startups to Grow in India

Behind every successful tech startup, there is often the support of a robust ecosystem. An alumnus of HKUST MBA, Abhinav PANDEY, is at the forefront of one of the largest and most influential tech ecosystems in the world, India.

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“Many startups thriving in India help solve social problems in our country at different levels,” Abhinav Pandey, Vice President – Startup Strategy at iB Hubs, HKUST MBA

Forging a Path to Support Social Entrepreneurs

Social entrepreneurship and venture philanthropy is still an emerging field in Hong Kong. HKUST MBA alumnus Kieran FUNG is at the heart of it all. As a consultant to The Yeh Family Philanthropy, he acts as a bridge between social enterprises and resources, and a connector between venture funds and social innovators.

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Pitch Day of Techstar’s Startup Weekend – Global Sustainable Revolution, where Kieran spoke to participants from more than 55 cities

Intelligent Thinking

The HKUST One Million Dollar Entrepreneurship Competition in Beijing rewards AI entrepreneurs

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Insight from Faculty and Alumni

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Positive Contributions to Society through Social Entrepreneurship and Partnerships

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Positive Contributions to Society through Social Entrepreneurship and Partnerships

Transforming Hong Kong Through Entrepreneurship

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Innovation and Technology in Asian Family Businesses

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New Venture Boards: How to Harness Their Potential for Firm Success

The following article is based on a unique study with rare access to board meeting observations and multi-wave interview data on new venture board dynamics in Silicon Valley. It examines how venture CEOs effectively engage their boards for strategy-making.

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Professor Sam GARG is an Associate Professor of Entrepreneurship at HKUST Business School. Prior to earning his PhD at Stanford University, he worked with established and young entrepreneurial firms and founded an online payments venture in Singapore. He is a pioneer and global leader in the research area of board dynamics in privately-held ventures and newly public-listed firms.

Scaling Ventures Through IPO: Board Dynamics and Capital Market Expectations

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Scaling Ventures Through IPO: Board Dynamics and Capital Market Expectations

Banking on the Future

To prepare students for tomorrow’s financial sector and promote professionalism for the fast-moving fintech industry, HKUST has made some great strides this summer. A fintech symposium was held to mark the launch of a new academic program, and a new cross-border collaboration has been established with prominent partners to co-develop the first fintech qualification framework in China.

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First Fintech Qualification Framework in China

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Changing the System

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Changing the System

Learning to Collaborate and Communicate

Internships at KPMG allow HKUST students to experience working life at one of the ‘Big Four’

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Suri (left) and Stephanie join the KPMG’s internship program, which helps them to make the transition from the classroom to workplace.

The Carrot and Stick Effect of Accounting Errors

Imperfect Accounting and Reporting Bias FANG, Vivian W. | HUANG, Allen | WANG, Wenyu Journal of Accounting Research, Vol. 55, No. 4, September 2017

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The Influence of Lucky Numbers on Investment Decisions

Do Superstitious Traders Lose Money? BHATTACHARYA, Utpal | KUO, Wei-Yu | LIN, Tse-Chun | ZHAO, Jing Management Science, 2017, forthcoming

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