A team formed by four undergraduate students from University of Southern California in USA was crowned the champion at the 18th HKUST International Case Competition (HKICC) on June 10, 2022, outshining peers from top business schools around the world. The Hong Kong University of Science and Technology was the first runner-up, while Rotterdam University of Applied Sciences and University of New South Wales came in third and fourth place respectively.
Organized by the School of Business and Management of the Hong Kong University of Science and Technology (HKUST Business School) and sponsored by New World Development (NWD), HKICC — Asia’s first and leading international case competition, returned this year in virtual format, featuring the sustainability theme for the first time in the competition’s history. Participating teams had to work together to review the two cases provided by sponsor and case company - New World Development. The kick-off case, Impact Kommons, was Asia’s first start-up accelerator targeted at achieving the United Nations Sustainable Development Goals while facilitating business integration between the start-ups and NWD’s business units. The Main case, New World Build for Good, was a not-for-profit housing enterprise which aims to seek short to medium-term solutions and long-term strategies to address Hong Kong’s housing and land supply problems.
Running for five days from June 6 to 10, 2022, this year’s contest saw the participation of nine teams from universities in Australia, Hong Kong SAR, Japan, Serbia, Singapore, Thailand, the Netherlands, the UK, and the USA. Participating teams collaborated online and put forward strategic recommendations to case company New World Development. The competition enabled students to exchange views and share experiences with peers from world-renowned business schools, in addition to getting feedback from a panel of judges comprising senior executives from the case company and representatives from the education, government, and consulting sectors.
List of Participating Teams of HKICC 2022:
Asia Pacific
- Nanyang Technological University, Singapore
- Thammasat University, Thailand
- The Hong Kong University of Science and Technology, HKSAR
- University of New South Wales, Australia
- Waseda University, Japan
Europe
- Rotterdam University of Applied Sciences, The Netherlands
- University of Belgrade, Serbia
- University of Glasgow, UK
North America
- University of Southern California, USA
Congratulations to all the award winners!
About HKUST
The HKUST Business School is young, innovative and committed to advancing global business knowledge. The School has forged an international reputation for world class education programs and research performance, and has received many top global rankings. For more details about the School, please visit https://bm.hkust.edu.hk.
About New World Development
New World Development Company Limited (“The Group”, Hong Kong stock code: 0017), a premium brand infused with a unique personality defined by The Artisanal Movement, was founded in 1970 and publicly listed in Hong Kong in 1972.
The Group is committed to contributing to the region’s long-term development and leading industry’s evolution to genuine sustainability. In 2018, it set out “New World Sustainability Vision 2030” (SV2030), which references the United Nations Sustainable Development Goals (UN SDGs) and guides the development of its products, services and cultural experiences under four main pillars: Green, Wellness, Smart and Caring. Guided by its corporate vision “Creating Shared Value”, the Group believes in bringing remarkable returns to shareholders while responding to the needs of the community and stakeholders to achieve business sustainability. For more details, please visit Sustainability at nw.com.
For media enquiries, please contact:
HKUST Business School
Danny Lee
Tel: (852) 3469 2090
Email: dannyyklee@ust.hk