Feature Stories

Succession and Innovation: A Comparative Study between Chinese and Jewish Family Businesses By Professor Roger King, Founder and Director of the Tanoto Center for Asian Family Business and Entrepreneurship Studies, HKUST Business School Overseas Chinese and Jewish diaspora are often seen as manipulative outsiders in their host countries. However, compared to ... Read More

The huge contribution family businesses make to the global economy doesn’t always get the level of attention it deserves. From Ford and Walmart in the US to Volkswagen and BMW in Germany, many world-renowned brand names are the public face of such enterprises.. .more BizInsight@HKUST Forum Examines the Future of Chinese Family Businesses In mid-September, a ... Read More

Since the primary mission of the HKUST Business School is to advance learning through teaching and research, those involved are always keen to celebrate the success of faculty members. Therefore, in 2016, Milind Rao, Professor of Business Practice in the Department of Economics and Garvin Percy Dias, Associate Professor of Business Education in the ... Read More

As information becomes increasingly strategic for organizations, ensuring the long-term success of an enterprise requires not just pure business knowledge or technology skills, but a combination of both. Future game changers will be those who reimagine ways to transform their business while offering differentiated customer experiences by making creative use ... Read More

In 2008, the then head of Harilela Enterprises, Dr Hari Harilela, was in his 80s and pondering how to ensure a smooth succession that would eventually place Aron, his only son, at the head of the business and the family. Preparing for succession Hari knew that in this role, his relatively young son would have to deal with senior family and board members ... Read More

Family businesses have sprung up in mainland China since the 1978 reform and opening up policy and, over the years, have become the most significant sector among privately-owned enterprises. It is estimated that family businesses contribute 70 per cent of national GDP - and employ 75 per cent of the nation’s workforce. Over 85 per cent of the private sector ... Read More

Family businesses, those owned and/or managed by a family, are probably the most popular form of corporate governance in the world. More specifically, in most countries, many public firms, including renowned large ones, remain under the control of families. This phenomenon appears to be more pronounced in East Asia. Even in advanced countries such as the US ... Read More

When heirs take the helm of the family business, it’s bad news for key employees striving for promotion. But is it also bad news for the firm? Anecdotal evidence seems to suggest that family succession is costly for the firm itself. To begin with, the odds appear to be stacked against the next generation. Most firms do not survive beyond ten years ... Read More

Overseas Chinese and Jewish diaspora are often seen as manipulative outsiders in their host countries. However, compared to the 40 million overseas Chinese, the 14 million Jewish diaspora have greater influence, directly or indirectly, on the global economy. The Tanoto Center for Asian Family Business and Entrepreneurship Studies at HKUST, under the ... Read More

The ability of digital technology to continue transforming the world of business and finance - and even the basic notion of money - is something we at the Business School have been aware of for some time. As applications are found for the latest advances in areas such as artificial intelligence, big data, blockchain, mobile communications and autonomous ... Read More