Events

Perspectives on China’s Economic Reforms After the 19th CPC National Congress

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The 19th CPC National Congress was the most important meeting in China. President Xi’s speech had shaped the development blueprint for the next 5 years and even longer. In this presentation, Dr. Chen will share his viewpoints on the implications and challenges facing China’s economic reforms. In particular, Dr. Chen will provide detailed analyses on the issues of “External Liberalization”, “SOE Reforms”, as well as “Made in China 2025”.

Date:
Thursday June 28, 2018
Time:
2:00 pm – 3:30 pm
Location:
Segal Graduate School of Business
500 Granville Street, Vancouver, BC
Room 4600 (4th floor)
Cost:
Complimentary, RSVP required.
Registration:
Please register here.
Inquiries:
beedie-events@sfu.ca.

Professor Bo Chen received his Ph.D. degree in Economics from Simon Fraser University in 2008. Dr. Chen is a professor of Huazhong University of Science and Technology. He is also a Research Associate of the Federal Reserve Bank of Dallas and the Pacific Economic Cooperation Council (PECC). Since June 2013, Dr. Chen has served as the executive director of the Research Centre on Free Trade Zone and participated in the consultation for the establishment of China (Shanghai) and China (Hubei) Free Trade Trial Zone. He was selected to give talks on Shanghai FTZ to senior officers at the Ministry of Treasury and the Ministry of Commerce. Since 2015, he has been a senior consultant to Fujian and Guangdong FTZs.
Furthermore, he is also a senior lecturer to the executives of central State-owned Enterprises (SOEs) by the State-owned Assets Supervision and Administration Commission of the State Council on “One Belt, One Road” Initiative. Dr. Chen remains a senior consultant (to both central government and Shanghai Municipal government) on various undergoing macroeconomic reforms, especially on the policies on trade, investment, and SOEs. International Business Academy since 2012.

I-Ex, an Intellectual Exchange Symposium

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The Jack Austin Centre for Asia Pacific Business Studies presents…

I-Ex, an intellectual exchange symposium. I-Ex will provide a forum to discuss research, community engagement and other activities within the Beedie School that involve a global perspective, with a focus on Asia.

The objectives are to:

  • Encourage faculty, staff, students and key partners to come together and share their research, projects and ideas
  • Build networks and explore new collaborations with colleagues working on a diverse range of issues related to globalization
  • Provide collective input on how the Jack Austin Centre and the Beedie School can better support, leverage and publicize work on globalization

Date: Thursday, April 19, 2018
Time: 9:00am – 3:00pm
Location: Segal Graduate School of Business
Inquiries: beedie-events@sfu.ca

This is a private event. Registration is by invitation only. 

 

Panel 1 (9:30am) : International Business: Emerging Markets and Cross Border Investment

Moderator: Mila Lazarova

Jing Li
Chinese Firms’ Globalization
I will discuss my past and current research on Chinese firms’ globalization. In particular, I will focus on how the emergence of state-owned multinational enterprises presents opportunities to enrich strategy and international business research.

Eric Werker
Political Economy and the Business Environment in Emerging Markets
Some countries provide a predictable, friendly environment for foreign and domestic investment while others seem to spend more effort on putting up barriers and red tape. In a research agenda that is based on a political economy framework of business-government relations, I have been trying to understand how private sector interests can influence the business environment and what ramifications that has for investment, growth, institutional development, and structural transformation. My current project focuses on diversification in resource-abundant economies.

Natalie Zhao
HR Challenges in Cross Border Investment
I will discuss the HR challenges that companies face from emerging markets encounter in international business, including causes and consequences of these challenges, and potential solutions.

Rosalie Tung
Human Resource Management Challenges and Opportunities in Emerging Markets
My brief presentation will identify some of the salient issues that merit research attention pertaining to the challenges and opportunities for firms, whether domestic or international, that operate in emerging markets.

Dave Thomas
Cross Cultural Interactions in Emerging Markets, or Anywhere Really!
Organisations doing business in emerging markets increasingly face a knowledge based competitive environment. Concurrently their workforces are increasingly culturally diverse. As a result, the human aspect of management becomes paramount for success. This means employees must be skilled at navigating cultural differences in management behaviour and managers must be able to assess this ability among employees. The construct that describes this ability is “cultural intelligence.” In this presentation, I briefly update the current status of my 15 years of studying this concept.

 

Panel 2 (10:30am): Corporate, Environmental and Social Responsibility

Moderator: Carolyn Egri

Chang Hoon Oh
Risk Management, Business Continuity and Corporate Social Responsibility
Global business environments have been very challenging to businesses. In particular, businesses face new types of risks that can be defined as NOSTEP (natural, organizational, social, technological, environmental, and political) risks. These NOSTEP risks affect business continuity and corporate social responsibility. Research projects in NOSTEP risks will be discussed.

Robert Adamson
Failure to Create a Multilateral Environmental Management Regime
Supply chains today are more global, complex, dispersed, and interdependent than at any other time in history. As supply chains cross cultures, geographies, and regulatory regimes, there is a growing concern among stakeholders on how to balance profitability objectives with social and environmental impact. This talk summarizes salient issues in managing responsible supply chains and provides an overview of my current research agenda addressing some of these issues.

June Francis and Kristina Henriksson
Corporate Community Investments – Connecting the Local to Global in Market-Based Solutions
Social investments by companies in extractives are often aimed at increasing/supporting community economic development, either directly linked to employment, or indirectly through supporting initiatives including local entrepreneurial and productive projects. Often these enterprises do not achieve their goals due to either failure to connect to global markets, lack of integration into the supply-chain or poor integration with the business and policy ecosystem or local development planning. This study examines these issues within the context of extractives in Peru and contributes missing empirical research to theorize success determinants and guide these investment decisions.

 

Panel 3 (11:15am): Innovation and Entrepreneurship

Moderator: Judy Zaichkowsky

Rekha Krishnan
Social Support Ties Among Strategic Actors? How Participation in Interaction Rituals Contextualizes Relationships Among Nascent Entrepreneurs
Nascent entrepreneurs are often shown to outcompete each other in their quest for a common pool of valuable resources. Yet, entrepreneurs do look to each other for social support. In an ethnographic study of tie formation process among nascent entrepreneurs in a leading Silicon Valley Accelerator, we sought to understand what processes facilitate (impede) entrepreneurs’ transition from a group of competing actors to a community of peers. Entrepreneurs’ inclination engage in social support ties with each other was shaped by interaction rituals in the social events that facilitated their initial and repeated encounters outside the open workspace. The social events where entrepreneurs encountered each other, which we refer to as contextualizing events, became contexts where the meaning of their relationship was generated and reinforced over time. Over time, whereas contextualizing events characterized by bonding rituals generated mutual identification, frequent interactions at work and social support from peers, those characterized by tournament rituals generated mutual indifference and an inclination to avoid ties at the workspace. Once entrepreneurs were caught in a negative spiral of tie avoidance, it was hard re-contextualize their relationships. Overall, we show how the ordering of social events can set actors into path dependent ties by contextualizing their relationships.

Pek-Hooi Soh
Learning from Venture Setbacks, Who Give Up and When: Evidence from Entrepreneurs in China
This research aims to re-examine the wisdom of entrepreneurial learning and question whether and how entrepreneurs learn from venture setbacks they experience throughout the process of venture creation. Venture setbacks represent discontinuous learning episodes, understanding what motivate the entrepreneurs and their ventures to commit to learning will shed new light on the complex relationship between the role of entrepreneurs and venture creation.

Rick Colbourne
Indigenous Peoples, Entrepreneurship and Hybrid Venture Creation
Indigenous entrepreneurship and hybrid venture creation represents a significant opportunity for Indigenous peoples to build vibrant Indigenous-led economies that support sustainable economic development and well-being. It is a means by which they can assert their rights to design, develop and maintain Indigenous-centric political, economic and social systems and institutions. In order to develop an integrated and comprehensive understanding of the intersection between Indigenous entrepreneurship and hybrid ventures, my research examines Indigenous entrepreneurship, Indigenous entrepreneurial ecosystems and the underlying global trends that influence the design, structure and mission of Indigenous hybrid ventures.

 

Panel 4 (1:00pm): Internationalization

Moderator: Elsie Christopher

Ali Dastmalchian
The Beedie School of Business has been actively working to further “Internationalize” its many programs, projects and administrative operations.  Through consultation, discussion and research, the School is making clear progress in a number of key areas.  This short talk will provide an overview or “snapshot” of where we are currently in our efforts, as well as provide some comparisons to other similar Internationally orientated Business Schools.

Kirk Hill
The external development of International Programs and Initiatives presents some unique and exciting opportunities for both Faculty and Students at Beedie.  An example of this is the Asia Case Research Centre (ACRC) housed at the University of Hong Kong’s Faculty of Business and Economics.

Maria Szymczak

  • Graduate programs and internationalization
  • Integrating international content and experiential learning with aspects of course and program content
  • Applied research projects and the international context

Rebecca Rytir

  • Student Engagement and Undergraduate International Programs
  • Partnerships, Collaborations and New Student Programs
  • Internationalization and the Student Experience

 

Panel 5 (2:00pm): The Jack Austin Centre: Partnerships and Support

Moderator: Jing Li

Eva Busza
Dr. Eva Busza is Vice-President (Research and Programs) at the Asia Pacific Foundation of Canada. Prior to joining the foundation, she was Director of Policy and Strategic Planning for UN Secretary-General Ban Ki-moon. Previous appointments also include Team Leader for Asia Pacific in the United Nation’s Development Programme’s Bureau for Crisis Prevention and Recovery and Senior Advisor at the National Democratic Institute for International Affairs.

Her research expertise and policy experience covers a wide range of issues tied to trade, investment, innovation, sustainable development, and international security. Her work and perspectives have been cited across key media outlets including the Globe and MailEmbassyiPolitics, the Ottawa Citizen, the Toronto SunThe ProvinceThe Vancouver SunBusiness in VancouverThe Asian Pacific Post, the BBC, PBS, CBC, CTV, and BNN.  Eva holds a Ph.D. from Stanford University and a Master’s and Bachelor’s degree from the University of British Columbia. She has been a research fellow at Columbia University, George Washington University, the Woodrow Wilson International Center for Scholars, the Brookings Institution, and the Center for International Security and Arms Control at Stanford University.

The Asia Pacific Foundation (APF) is a key partner of the Jack Austin Centre.  Dr. Busza will briefly discuss the work of the APF and also talk about past, current and future collaboration opportunities.

Iris Jin, Senior Program Manager, Trade, Investment, Innovation and Canada China Relations
Erin Williams, Program Manager, Skills and Competencies
Yushu Zhu, Program Manager, Surveys and Polling
Justin Elavathil, Program Manager, Trade, Investment, and Innovation.

Wrap Up Discussion with Danny Shapiro
An open forum for Faculty, Staff and Key Partners to discuss future possibilities and ideas related to the following: research, short terms grants, visiting scholars, attracting more PhD students, educational programs, external and internal events and ongoing projects.

Collective Financial Statecraft: China, India, and the BRICS

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Date:
Friday, March 23, 2018
Time:
10:00am – 12:00pm
Location:
Segal Graduate School of Business
Room 4400 (4th floor)
500 Granville Street
Vancouver, British Columbia
Registration: 
Click here

Notwithstanding their disparate political systems, geographic regions, and capabilities, each of the five BRICS countries (Brazil, Russia, India, China, and South Africa) has since 2006 found increasing reasons to align its international monetary and financial policies with the others. When the global financial crisis of 2008-2009 hit, they were jointly positioned to demand from the status quo Western powers greater voice in global financial governance as a quid pro quo for their contributions to the coordinated and successful G20 economic stimulus.

These emerging powers, but especially China, have achieved enhanced voice and votes within established institutions such as the World Bank and International Monetary Fund. They also have created their own new institutions, such as the NDB and AIIB, each of which will structure projects to stimulate public-private infrastructure investment in the developing world.

The most problematic relationship among the five BRICS is that between the two Asian giants: China and India. They are commercial and sometimes political partners, yet also geostrategic competitors. How does this play out going forward, and how might it affect the environment for international business?

Leslie Armijo considers the complex China-India relationship in the context of their ongoing and surprisingly successful BRICS collaboration.

Leslie Elliott Armijo, Associate Professor of International Studies as SFU, is author or editor, most recently, of The BRICS and Collective Financial Statecraft (with C. Roberts & S. Katada, OUP 2018), Unexpected Outcomes: How Emerging Powers Survived the Global Financial Crisis (with C. Wise & S. Katada, Brookings 2016), and The Financial Statecraft of Emerging Powers: Shield and Sword in Asia and Latin America (with S. Katada, Palgrave 2014).

The Role of Private Equity in China

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Private equity investments are heating up in China, but there still exists uncertainties. China is continuously undergoing corporate reform and trying to find ways for previously state owned enterprises (SOEs) to become globally competitive. As governance structures are still weak and unique in Chinese companies, private equity firms are also taking a unique approach to its investments in China.

In the seminar, I will compare how private equity firms’ objectives and roles in operating in China are vastly different from their operations in Western countries. The core objective of private equity firms is to gain a return on their investment, which is ultimately to buy a whole, or part of, a company at a low price and sell at a higher price in the future. It is well known that in Western countries, private equity is invested in companies that are undervalued due to governance problems. It could be said that Chinese companies are also undervalued due to their governance problems.

However, the source of the governance problem is different between Chinese companies and Western companies. Most Western companies’ governance problems arise due to agency problems where there is a conflict of interest between managers and shareholders, where managers may engage in opportunistic and/or unethical behavior. In China, governance problems arise mostly due to inefficiencies in accounting practices and not being able to gain trust from the global market due to gaps in expectations of governance practices, thus leading to undervaluation and low global competitive advantage. Furthermore, Chinese firms may not have the managerial competencies and resources necessary to grow into a global company.

Therefore, the reason private equity firms invest in target companies and how they solve the governance and resource problem to increase the value of the target companies will likely vary between Chinese and Western companies. I will discuss the case of a private equity firm named Honey Capital acquiring a local state-owned glass company named Jiangsu Glass to deeply examine how private equity firms operate in China.

Further, I will discuss the uncertainties arising in the China market due to declining export growth and too much private equity money chasing too few deals. I will finish the session by further looking into the debate on whether private equity firms actually create value for the target companies.


Date:
Tuesday, March 6, 2018
Time:
5:30 pm – 7:30 pm
Location:
Segal Graduate School of Business
Room 4800 (4th floor)
500 Granville Street
Vancouver, British Columbia .
Cost:
Complimentary,RSVP required.
Registration:
Please register here.
Inquiries:
beedie-events@sfu.ca.

Dr. Young Un Kim joined Nottingham University Business School as an assistant professor of Strategy in March 2015. Previously, she was an assistant professor at UNSW Australia since 2012 where she taught Masters level and MBA level students. She received a Bachelors in Business from Kyunghee University, a Masters in Electronic Commerce from Carnegie Mellon University, and a PhD degree in Strategy and Entrepreneurship from the University of North Carolina at Chapel Hill. Her research explores the intersection of Strategic Management and Corporate Governance. Current research projects focus on examining Boards of Directors role as strategic advisors and how national institutions affect how corporate boards behave. She also has a unique interest in comparing how governance structures vary across countries.

In Conversation with Nobel Laureate Professor Muhammad Yunus

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Join us for the livestream of this event on February 5th at this link: http://at.sfu.ca/hJDrGG

Email beedie-events@sfu.ca if you have questions about this event.

***

Simon Fraser University presents: a fireside chat with Nobel Peace Prize winner Professor Muhammad Yunus. The Bangladeshi economist, microfinancing pioneer and founder of the grassroots Grameen Bank, will be at our Vancouver campus to discuss his life’s work and his vision for “A World of Zero Poverty” on Monday, February 5, 2018.

Professor Muhammad Yunus is the father of both social business and microcredit, the founder of Grameen Bank, and of more than 50 other companies in Bangladesh. For his constant innovation and enterprise, the Fortune Magazine described Professor Yunus in March 2012 as “one of the greatest entrepreneurs of our time.” In 2006, Professor Yunus and Grameen Bank were jointly awarded the Nobel Peace Prize. Professor Muhammad Yunus is the recipient of 55 honorary degrees from universities across 20 countries. He has received 112 awards from 26 countries including state honours from 10 countries. He is one of only seven individuals to have received the Nobel Peace Prize, the United States Presidential Medal of Freedom and the United States Congressional Gold Medal.

Hosted by the Jack Austin Centre for Asia Pacific Business Studies

In partnership with:
SFU Community Engagement
SFU Public Square
RADIUS

Belief Systems and Business: Indian Cultural Values and Their Interpretation in the Contemporary Business Context

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You are invited to a lecture and reception with the Hari and Madhu Varshney Visiting Scholar in Indian Studies, and Indian Council for Cultural Relations (ICCR) Visiting Scholar Dr. Kanika Bhal, at the Jack Austin Centre for Asia Pacific Business Studies. Special welcome by Mrs. Abhilasha Joshi, Consul General of India in Vancouver.

Dr. Bhal’s lecture topic — Belief Systems and Business: Indian Cultural Values and Their Interpretation in the Contemporary Business Context — addresses the role that culture plays and how it is interpreted in business.

Cultures provide a frame of reference for all human interactions—interpersonal, social and economic. Key Indian cultural values are rooted in mythological belief systems perpetuated through rituals and stories. Find out what some of these values are and how they can be understood on a societal and individual level in the context of modern business.


Date:
Monday, November 27, 2017
Time:
5:30 pm – 8:00 pm
Location:
Segal Graduate School of Business
500 Granville Street, Vancouver, BC
Room:
Ground floor Event Rooms
Program:
Lecture followed by reception
Inquiries:
beedie-events@sfu.ca.
This event is free, but registration is required. Register here.


Dr. Kanika Bhal is the 2017 Hari and Madhu Varshney Visiting Scholar in Indian Studies. She currently serves as the Modi Foundation Chair, Professor and Head at the Department of Management at the Indian Institute of Technology Delhi (IIT Delhi) and is the first Varshney Visiting Scholar at the Beedie School of Business. As an accomplished scholar, teacher, and administrator, she has published over 100 journal articles, won multiple teaching awards, and heads a centre of excellence on business ethics, corporate governance and corporate social responsibility at IIT Delhi.

The Visiting Scholars Program in Indian Studies was first established by Simon Fraser University and the Indian Council for Cultural Relations (ICCR) and was named the Hari and Madhu Varshney Visiting Scholars Program in Indian Studies in recognition of the Varshney’s generous investment. The program will foster and strengthen cultural relations by hosting world-class Indian scholars from a wide range of disciplines such as international studies, contemporary arts, business and world literature. SFU is the first western Canadian university to receive support from the ICCR to create such a program.

 

Asian Development Bank’s Updated 2017 Economic Forecast for Asia and the Pacific

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The Asian Development Bank’s flagship economic publication Asian Development Outlook (ADO) provides a comprehensive analysis of macroeconomic issues in developing Asia. It is launched annually in April and updated in September. The ADO Update examines the prospects for developing Asia by subregion: Central Asia, East Asia, South Asia, Southeast Asia, and the Pacific. The report also presents full analysis of ten economies, including the People’s Republic of China and India.

This year’s ADO Update theme chapter, Sustaining Development Through Public-Private Partnerships, explores how Asia can use public-private partnerships (PPPs) to bolster infrastructure investment.

The ADO presentation by ADB Chief Economist Yasuyuki Sawada will address:

  • Economic prospects for developing Asia and the Pacific
  • Key risks to the region’s outlook
  • Implications of the Federal Reserve’s balance sheet normalization for Asia
  • What is behind the recent uptick in trade and whether it can be sustained
  • Measures governments can take to promote PPPs and ensure their success

Event Details

Date: Tuesday, October 10, 2017

Time: 10:30am – 12:30pm

Location: Segal Graduate School of Business, 500 Granville Street, Vancouver, Room 2800 (2nd floor)

Cost: Complimentary, RSVP required.

Includes: Light lunch and beverages to be served.

Registration: Please register here.

Inquiries: Please contact beedie-events@sfu.ca

Yasuyuki Sawada is the chief spokesperson for ADB on economic and development trends, and leads the Economic Research and Regional Cooperation Department, which publishes ADB’s flagship knowledge products. Dr. Sawada previously served as a Professor in the Faculty of Economics at the University of Tokyo.

He also performed research at a variety of institutions, such as the Japan International Cooperation Agency Research Institute; the World Bank; Economic Research Institute of ASEAN and East Asia; Bangladesh Institute of Development Studies; Pakistan Institute of Development Economics; International Rice Research Institute in the Philippines; International Water Management Institute in Sri Lanka; Research Institute of Economy, Trade, and Industry in Japan; and Japan Society of Promotion of Science, where he led a number of large-scale development policy evaluation projects in Asia and other developing countries. He has published more than 60 peer-reviewed research articles on diversified topics pertaining to Asia and other developing countries ranging from macro development issues, such as long-term economic growth and structural change, sovereign debt sustainability, foreign aid, trade, ageing and social security, and natural and man-made disasters to micro issues of poverty, education, infrastructure, microenterprises, microfinance, health, and disabilities.

Business Ethics in Hong Kong: A Confucian Perspective and the Long-term Trend

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The presentation comprises of three studies relating to the current state and the future of business ethics in Hong Kong. The first study discusses the conceptualization and operationalization of virtue business ethics from a Confucian perspective. A three-factor model of Confucian business ethics is proposed and validated with structural equation modeling. The second study describes the business ethics performance of seven industries in Hong Kong from both cross-sectional and longitudinal perspectives. The property industry consistently is seen as relatively less ethical, while the retail industry usually outperforms others. The third study predicts the long-term state of business ethics development in Hong Kong using dynamic distribution analysis. The future long run steady state distribution indicates an encouraging finding that business in Hong Kong will converge to a slightly positive, long-term steady state.

Date:
Tuesday August 1, 2017
Time:
12:00 pm – 1:30 pm
Location:
Segal Graduate School of Business
500 Granville Street, Vancouver, BC
Room 2300 (2nd floor)
Cost:
Complimentary, RSVP required.
Includes:
Light snacks and beverages to be served.
Registration:
Please register here.
Inquiries:
beedie-events@sfu.ca.

Dr. Felix Tang is both an SFU BBA and MBA Alumni. Currently, he is an Associate Professor in the Department of Marketing at Hang Seng Management College. He is also the Director of Research Institute for Business and an Associate Director of the BBA Programme. He received numerous teaching awards, including the top teaching award at HSMC in 2015-16 for his outstanding performance in teaching.

His research interests include customer satisfaction, consumer ethics, business ethics, and service learning with a focus on Chinese cultural influence and issues important to Asian countries. He has recently contributed several articles in both marketing and management fields, such as Asian Journal of Business Ethics and Asia Pacific Journal of Marketing and Logistics. Dr. Tang has served as a consultant for listed companies and SMEs.

China’s Economic Strategies in a Black Swan Lake

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The Brexit and stunning victory of Donald Trump were described as black swan events which result in severe doubts on the trend of globalization. Such uncertainty shadows the growth perspectives of open economies, especially China. Professor Bo Chen will share his viewpoints on the main challenges facing China’s economy under the global context-namely, the unstable domestic financial market, weaker RMB with capital flight, debt problem, real estate bubble, and economic structural changes. He will then summarize the reform policies aimed at dealing with these challenges. In particular, he will focus on the major reforms in the state and financial sectors.

Date: Monday, June 26th, 2017
Time: 10:30am – 12:30pm
Location: 2800 (2nd floor)
SFU Segal Graduate School of Business
500 Granville Street, Vancouver, BC

Registration here

Professor Bo Chen received his Ph.D. degree in Economics from Simon Fraser University in 2008. Dr. Chen is a professor of Huazhong University of Science and Technology. He is also a Research Associate of the Federal Reserve Bank of Dallas and the Pacific Economic Cooperation Council (PECC). Since June 2013, Dr. Chen has served as the executive director of the Research Centre on Free Trade Zone and participated in the consultation for the establishment of China (Shanghai) and China (Hubei) Free Trade Trial Zone. He was selected to give talks on Shanghai FTZ to senior officers at the Ministry of Treasury and the Ministry of Commerce. Since 2015, he has been a senior consultant to Fujian and Guangdong FTZs.

Furthermore, he is also a senior lecturer to the executives of central State-owned Enterprises (SOEs) by the State-owned Assets Supervision and Administration Commission of the State Council on “One Belt, One Road” Initiative. Dr. Chen remains a senior consultant (to both central government and Shanghai Municipal government) on various undergoing macroeconomic reforms, especially on the policies on trade, investment, and SOEs.International Business Academy since 2012.

Introduction to a new crowdfunding business model: An innovative mechanism for establishing business partnership

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Crowdfunding originated and gained popularity in the West. The Chinese version of crowdfunding introduced in this talk is a new type of crowdfunding. This new business model first appeared in China in 2013 and is becoming increasingly popular among entrepreneurs, primarily as a novel mechanism for identifying and selecting business partners as well as for fundraising.

The Chinese version of crowdfunding is not simply about accumulating funds. The model is more concerned with accumulating people and ideas. In this model, all the key resources needed for launching an entrepreneurial project are pre-identified and potential investors are sought and selected among acquaintances who hold these resources. Also, this business model blurs the lines between customers and investors; the investor can also be the consumer and the administrator. This selection process ensures that all investors (also shareholders) share similar ideals, entrepreneurial mind-sets, and risk tolerance, and eventually a tightly knit network of people, resources, ideas, and investment is formed. Over the last couple of years, this innovative crowdfunding model has been successfully applied in Canada, leading to many successful entrepreneurial projects in entrepreneurial hubs such as Toronto and Vancouver. Dr. Jiawei Zhang and SFU Professor Natalie Bin Zhao recently published an article in the Ivey Business Journal: Crowdfunding’s Cafe Society, to systematically introduce the rationale and key issues associated with this new business model to the academia and practitioners’ community.

Dr. Zhang will compare the Chinese version of crowdfunding with other forms of crowdfunding. He will also use the crowdfunding cases he personally guided and participated in to illustrate the core ideas, principles and methods involved in this new model. Learning from his personal experiences and observations, Dr. Zhang will also discuss common pitfalls and the possible solutions. Through this talk, Dr. Zhang hopes to introduce the Chinese version of crowdfunding as a new potential way to find and collaborate with business partners in the sharing economy and in this internet era with “too much information but not so much trust”.

Co-hosts:
UBC Asia Forestry Research Center
Grizzly Bear Institute of Canada
SFU Jack Austin Center for Asia Pacific Business Studies

Speaker: Dr. Jiawei Zhang
Commentator: Dr. Natalie Bin Zhao

Date: Saturday, March 4th, 2017
Time: 3:30pm – 5:30pm
Location: UBC FSC 1221,
2424 Main Mall, Vancouver
Registration: Please register here.
Language: Mandarin (with English translation)
Inquiries: beedie-events@sfu.ca.
 

Jiawei Zhang (PhD, Dalian Maritime University) is a research fellow at the Jack Austin Center for Asia Pacific Business Studies at Beedie School of Business, Simon Fraser University. He is also an adjunct professor at Dalian Maritime University, chief researcher of the Grizzly Bear Institute of Canada, and a research fellow at the Institute of Strategic Research of Peking University. His research areas include strategic planning, organizational management, business models, and supply chain management. In particular, Dr. Zhang focuses his research on Canada-China and USA-China economic relations as well as crowdfunding business models and niche market behavior. Dr. Zhang was the Chairman and President of a large company in China for more than ten years. He has rich management experience and is an expert in Chinese enterprise reforms and development and in China’s corporation laws. Dr. Zhang is also a successful angel investor and corporate consultant. The book Niche, translated by Dr. Zhang, and the book Rising Niche written by him, are bestsellers in China. His another book—The Winning Makers: The Ugly Duck Management—is popular among young entrepreneurs in China.