News & Highlights

  • December 2023
  • EVENT

The Crimson Ball

The Crimson Ball, hosted by the HBS Club of Shanghai on Dec. 3, serves as an annual celebration that defines our school's close-knit community. With "The Great Gatsby" as the theme this year, it shows three key dimensions: Elegance & Sophistication, Community & Social Interaction, and Artistic Expression. In collaboration with the Wings of Music Charity, the Ball embraced a new dimension—social impact. The surplus from the event will support over 4000 left-behind children of migrant workers in China.
  • November 2023
  • EVENT

HBS Club of Beijing 2023 Investment Forum

On November 26th, the HBS Club of Beijing hosted the 2023 investment forum, which marked the beginning of a series of impactful events with its new leadership team. The forum opened with the sharing of Mr. Fenglei Fang, the founder & chairman of HOPU Investments, about the investment environment, followed by two panel discussions on investment and entrepreneurship respectively. Nancy Dai, Managing Director and Executive Director of Harvard Center Shanghai, shared HBS updates in the Asia-Pacific region. Over 50 alumni joined this exciting event!
  • November 2023
  • EVENT

HBS Club of Shanghai 2023 Entrepreneurship Forum

The 2023 Entrepreneurship Forum, hosted by the HBS Alumni Club of Shanghai, was held on November 18, 2023. This year's forum included three engaging panels: “Globalization of HBS Talents” focusing on the international development of HBS talents as they build business globally; “AI in Business” exploring innovative uses of artificial intelligence in business; and “What’s up in Social Media” highlighting current trends in the digital communication landscape. The event provided a vibrant platform for 100+ HBS alumni and industry leaders to connect and discuss these key areas of entrepreneurial interest.
  • SEPTEMBER 2023
  • EVENT

MBA information Sessions in Shanghai and Beijing

The HBS Asia-Pacific Research Center hosted MBA info sessions in Shanghai and Beijing on September 5th and 12th. Over 100 prospective applicants explored our MBA program and the vibrant HBS life. These interactive events provided a valuable platform for attendees to engage in insightful discussions, gain firsthand perspectives from recent alumni.
  • JULY 2023
  • EVENT

Dinner Discussion with Prof. Ryan W. Buell and Prof. Eva Ascarza

Harvard Center Shanghai hosted a dinner discussion with Professor Ryan W. Buell and Professor Eva Ascarza on July 25th. The event is attended by around 10 new MBA admits and alumni. Prof. Ryan W. Buell and Prof. Eva Ascarza shared their experiences and insights, and discuss the courses they teach and their research at HBS. The professors and alumni also answered questions from the new admits and offered advice on how to get the most out of their HBS experience.

New Research on the Region

  • March 2024
  • Case

Funderbeam: Teaming Up or Going Alone?

By: Paul A. Gompers, Elena Corsi and Orna Dan

Estonian funding and trading platform Funderbeam debates whether to accept a merger offer from an Irish company or remain independent and seek alternate funding.

  • 2024
  • Working Paper

Appropriate Entrepreneurship? The Rise of China and the Developing World

By: Josh Lerner, Junxi Liu, Jacob Moscona and David Yang

Global innovation and entrepreneurship has traditionally been dominated by a handful of high-income countries, especially the US. This paper investigates the international consequences of the rise of a new hub for innovation, focusing on the dramatic growth of high-potential entrepreneurship and venture capital in China. First, using comprehensive data on global venture activities, we show that as the Chinese venture industry rose in importance, entrepreneurship increased substantially in other emerging markets, particularly in sectors dominated by Chinese companies. Using a broad set of country-level economic indicators, we find that this effect was driven by country-sector pairs most similar to their counterparts in China. Second, turning to mechanisms, we show that the baseline findings are driven by local investors and by new firms that more closely resemble existing Chinese companies. Third, we find that this growth in emerging-market investment had wide-ranging positive consequences, including a rise in serial entrepreneurship, cross-sector spillovers, innovation, and broader measures of socioeconomic well-being. Together, our findings suggest that developing countries benefited from more “appropriate” businesses and technology pioneered by China, and that a system where only rich countries lead in innovation could limit entrepreneurial activity in large parts of the world.

  • February 2024
  • Case

Korea Venture Investment Corporation

By: Paul A. Gompers and Billy Chan

Paul Gompers, pgompers@hbs.edu; Billy Chan, bchan@hbs.edu; Andrew Mickle, amickle@hbs.edu 3/6/2024 Yes venture capital, fund of funds, startup, startup ecosystem, south korea, han river zium, big basin capital, capstone partners Entrepreneurship; business and society; finance and investing Asia, south korea Financial service sector Korea Venture Investment Corporation is the venture capital arm of the Korean government with a founding mission to build a domestic startup ecosystem that would be as competitive as Silicon Valley. KVIC manages a basket of funds-of-funds and has become an irreplaceable force in the venture capital market after nearly two decades of operations. As Korea’s startup ecosystem matures and private venture capital increases, KVIC’s management confronts with the question of how to create new values using the government resources.

See more research

Shanghai Staff

Nancy Dai
Managing Director and Executive Director, Harvard Center Shanghai; Executive Director, Asia-Pacific Research Center
Brian Fu
Researcher
Crystal Gu
Program Coordinator
Shu Lin
Senior Researcher
Tracy Qin
Assistant Manager for Administration
Sia Zhou
Senior Program Coordinator

Singapore Staff

Adina Wong
Assistant Director, Research
Harold Zhu
Researcher

Hong Kong Staff

Billy Chan
Researcher
Kitty Chow
Executive Secretary
Connie Yeung
Assistant Director, Administration