We develop a patent analysis approach to discover types of IT innovations and examine their technological and economic impacts. Our empirical investigation is based on 73,120 patents in the medical devices industry filed between 1996 and 2005. Rather than relying on pre-established classifications of IT innovations, we apply textual analysis to patent ... 閱讀更多

We introduce a new measure of innovation based on important product launches by public firms in the US. Our measure is based on stock-market reactions to media articles – classified by a convolutional neural network approach as referring to new product introductions – and has two distinct advantages. First, it covers the entire spectrum of industries and is ... 閱讀更多

Good learners are those who can adjust their behaviors according to environmental feedback. This adjustment, which is called adaptive learning, is the essential component in human and machine learning. In this presentation, Prof Ellick Wongwill discuss how adaptive learning will lead to sub-optimal decisions, and how this bias can be avoided ... 閱讀更多

With increase in global connectivity, the ability to navigate diverse workforce is seen as an important asset. Cultural competence refers to the ability to adapt and function efficiently in a diverse setting. In this presentation, Prof Melody Chao will explore how our mindsets (i.e., beliefs) and environmental factors influence our ease in managing diversity ... 閱讀更多

In this presentation, Prof Pavel Zhelyazkov will provide an overview of his research on how social networks shape venture capital (VC) firms’ syndication activities as well as access to deals and capital. In particular, he will examine how a VC firms’ behavior within syndicates shapes its access to subsequent investment opportunities; and how indirect social ... 閱讀更多

In this presentation, Prof Chu Zhang will explain in layman’s language a recently published research paper regarding Hong Kong’s derivative warrant market. The paper addresses the questions of whether counterparty risk is priced in derivatives in general. The research results show counterparty credit risk matters for derivative pricing. ... 閱讀更多

Risk management has risen as a corporate priority since the global financial crisis. Although much is known about risk management in developed markets, much less is known outside these markets, where companies face different conditions, additional risks, and greater scope for stakeholder value creation. In this presentation, Prof Peter Mackay will present ... 閱讀更多

Antitrust enforcement against price fixing, bid rigging, market allocation, and firms’ other agreements not to compete has been rising around the world. In light of these changing legal risks of falling under the radar of competition authorities, firms have been adapting their business models, corporate governance policies, securities issuance, and even ... 閱讀更多

Counterfeit consumption is on the rise. It is important to understand why consumers buy counterfeits and the consequences of using counterfeit. In her talk, Prof Jiewen Hong examines consumers’ experience of using counterfeit products. She also leverages the findings to design anti-counterfeit advertising. ... 閱讀更多

The US Constitution includes many checks and balances that necessitate the ruling party to compromise with the opposition. The study by Prof Deniz OKAT looks into the nominations to the judiciary and found that confirmation in the Senate is more likely and faster when the President compromises on the strength of the candidate. This suggests that the system ... 閱讀更多