This article reviews the literature on venture capital in China and examines where China’s venture capital industry has been and where it is likely to go in the future. Since the 1980s, venture capital in China has grown steadily alongside the robust national economy. The future is likely to offer even greater opportunities, as entrepreneurs are encouraged and property rights improve. However, ...

the process of globalization is changing the world economically, politicaly, socially and culturally. globalization in the general sense is the greater integration of the national economies in the world and it is a much discussed phenomenon. greater integration has many effects on the structure of production in national economies, the roleof multinational corporation and foreign direct investme...

(a) Jonathan A. Batten, Department of Finance, Hong Kong University of Science & Technology, Sai Kung, Hong Hong, Phone: ++852-2358-7688, Email: [email protected]. (b) Wai-Sum Chan, Department of Finance, The Chinese University of Hong Kong, 426D, Leung Kau Kui Building, New Territories, Hong Kong, Phone: +852 2609 7715, Email: [email protected]. (c) Hon-Lun Chung, School of Accountin...

We introduce endogenous information acquisition in an otherwise standard business cycle model. In our framework, information is a productive input, which is essentially specialized labor, so information acquisition is linked to the labor market and thereby the macroeconomic condition. Our model demonstrates that strategic complementarity (substitutability) in information acquisition coincides w...

Y. J. Li, Q. Chen, M. I. Guzman, C. K. Chan, and S. T. Martin Environmental Engineering Program, Hong Kong University of Science and Technology, Hong Kong, China School of Engineering and Applied Sciences, Harvard University, Cambridge, MA, USA now at: Department of Chemistry, University of Kentucky, Lexington, KY, USA Division of Environment, Hong Kong University of Science and Technology, Hon...

This paper looks to the history of the development of Information Systems in Hong Kong as a contextual base for examining the Information Systems discipline in Hong Kong. The historical analysis highlights the newness of Information Systems as an academic discipline in Hong Kong, dating back little more than 20 years. The study reports on data from eight of the ten universities in Hong Kong. Al...