International Business

Informal institutions—the shared but unwritten norms and values of a society—are a critical element of the study of international business. However, research on these institutions is theoretically and empirically challenging. For this reason, “there has been limited work on the topic, a lack of clarity on how to conceptualize and measure informal ... 阅读更多

Informal institutions—society’s unwritten codes of conduct—influence all aspects of international business, but they have received surprisingly little attention in the literature to date. Helping to fill this gap, HKUST’s Jiatao Li and co-researchers build a novel typology and framework for examining neglected aspects of informal institutions, as well as the ... 阅读更多

Over the past few decades, a substantial body of work has developed from the study of international issues relating to top management teams, particularly in relation to how firms formulate international strategies, how and where firms tend to grow their international businesses, and the performance outcomes of the choices made by them. This review provides a ... 阅读更多

Counterfeiting costs companies as much as US$600 billion a year, and the situation is rapidly becoming worse. How does counterfeiting affect global supply chains, and how can it best be combated? These were the questions explored by Man Yu and Ki Ling Cheung of HKUST and their colleague—with rather surprising results. They found that the threat of ... 阅读更多

Evidence-based studies reveal why China and most Belt and Road countries remain committed to pursuing greater economic integration even with the forces of deglobalization in the form of the US-China trade war and ongoing geopolitical tussles. By Chair Professor Albert PARK, Head, Department of Economics at HKUST Business School China’s Belt and Road ... 阅读更多

To drive globalization, the Belt and Road Initiative must establish a narrative that inspires stakeholders in China and beyond. By Chair Professor Jiatao LI, Lee Quo Wei Professor of Business, Department of Management at HKUST Business School The world is at a crossroads. Globalization — the deepening integration of economies and markets — is facing a ... 阅读更多

China and the US should explore every avenue to avoid a conflict which will lead to human tragedy. By Professor QI Ye, Director of the Institute for Public Policy at HKUST Cooperation in technological innovation is desperately needed to face the eminent challenge of the coronavirus pandemic and the deadly threat of global climate change. Yet it is easier ... 阅读更多

China will benefit from internationalizing the RMB, including as a force to drive domestic financial sector reform, but the process could take some time. By Professor Edwin L. C. LAI, Department of Economics and Director of Center for Economic Development at HKUST Business School The Chinese government is trying to internationalize the RMB, and this ... 阅读更多

The recent turbulent years have led to new challenges for global supply chain management, but with proactive mechanisms in place, corporates can minimize the impact and scale of disruptions. By Professor CHEUNG Ki Ling, Department of Information Systems, Business Statistics & Operations Management at HKUST Business School Soon after the start of the ... 阅读更多

How is trade evolving: from tight coupling to loose coupling. Trade has been bumpy over the last 15 years. There was a massive collapse during the global financial crisis, followed by a rapid recovery and collapse in 2015 as a consequence of falling oil prices and China’s economic woes. COVID-19 has been the third major shock to global trade in only 15 ... 阅读更多