Past Event: Stanford GSB Chapter of Hong Kong

Date:
Tuesday Evening, 11 August 2015
Speaker:
BRUCE McKERN, Visiting Fellow, Stanford Hoover Institution, Former Stanford GSB Professor
Topic:
CHINA'S NEXT ADVANTAGE: INNOVATION
The Third Phase: Innovation as a Tool for Global Demand

Time:
18:30 Registration
19:00 Remarks, followed by Q&A
20:15 Close

Place:
Ruby Room, JP Morgan, 27/F, Chater House, 8 Connaught Road, Central, Hong Kong

Co-Sponsors:
Stanford Club of Hong Kong; Savantas Policy Institute; Savantas Liberal Arts Academy

Cost:
HKD 220 (online pre-payment) or HKD 200 (cash or check pre-payment). Refreshments provided. No refunds will be provided in the event of no-show/cancellation of attendee reservation.

Registration:
Pre-registration is required by 10 August 18:00. No Walk-Ins will be accepted. There are three methods of registering and paying for the event:

BY CREDIT CARD/PAYPAL: Pre-payment of HKD 220. To register and prepay electronically at this rate, please CLICK HERE. Problems registering online, please contact Chapter VP Beatrice Wong at beatrice@stanfordgsbhk.org.

BY CHECK: Registrants may pay HKD 200 by providing a crossed check to "Savantas Policy Institute Limited", write the name(s) of participant(s) on the back of the check, and send it to "Savantas Policy Institute, Flats A-B, 11/F, China Overseas Building, 139 Hennessy Road, Wan Chai".  You will have to have filled out the online registration form in advance by CLICKING HERE. Problems pre-registering by check, please contact Ben Lee at ben.lee@savantas.org or +852.3972.3189.

BY CASH: Registrants may pay HKD 200 in exact change in person at Savantas Policy Institute (Flats A-B, 11/F, China Overseas Building, 139 Hennessy Road, Wan Chai) in office hours (9:00-13:00 and 14:00-18:00; Mon-Fri).

Guests:
Allowed.
Speaker's Bio
See below

Event Details:

The Stanford GSB Chapter of Hong Kong is pleased to invite you to an evening discussion with Dr. Bruce McKern, Visiting Fellow at Stanford’s Hoover Institution and, inter alia, former GSB professor on the topic of China’s Next Advantage: Innovation.  The attached Forbes article provides further background and context on this talk CLICK HERE.

In the space of less than 4 decades, Chinese companies have shifted from imitation (the “shanzhai” or “mountain bandit” phase, copying brand name products and processes), when price was the main consumer priority, to innovation.  In Phase one of innovation, Chinese companies focused on providing products/services with just the attributes consumers were willing to pay, i.e, “good enough”.  In Phase 2, Chinese companies have focused on innovation driven by market necessity.  In Phase 3, they are now looking at using innovation as a tool for global demand.

Chinese innovation does not follow the Western pattern. Chinese companies have learned not only how to innovate more cheaply than their global competitors, but also in collaboration with their customers, often faster than their Western counterparts.  Combined with PRC outward investment, Chinese companies are quickly positioning themselves to challenge established global leaders with disruptive innovation.

Dr. McKern’s talk will focus on the challenges that China’s rise as a global innovator represents both for players in China and across the globe.  We look forward to having you join us.

Speaker's Bio:
Dr. Bruce McKern is currently Visiting Fellow at Stanford University's Hoover Institution; Visiting Professor of International Business at China Europe International Business School in Shanghai; Visiting Research Fellow at Technology and Management Centre for Development at Oxford University; and Honorary Professor of International Business at the University of Sydney, where he directs the Silicon Valley Module of the MBA/Executive program.

Dr. McKern’s research and advisory work focus on the strategies of international corporations from developing countries; and the innovation strategies of Chinese companies and MNCs, there.  Dr. McKern is also a recognized authority on the int’l minerals and mining industries and has written 8 books on the subject.

Previously, at Stanford, Prof. McKern was a Visiting Professor in Int’l Business at the Stanford GSB from 1989 to 1992, ran the Stanford Executive Program (SEP)  in 1992, and from 2001 to 2007 was Director of the Stanford Sloan Master's Program.

Dr. McKern has served as dean of two Australian business schools. He was Founding Professor of Management and first Director of Macquarie University's Graduate School of Management in Sdney, Australia; and President and Dean of the Monash Mt Eliza Business School, Melbourne, later merged with Melbourne Business School. He was Professor of International Business and President of the Carnegie Bosch Institute at Carnegie Mellon University, from 1993 to 1996. Dr McKern has been a Visiting Professor at INSEAD, IMD, other European and U.S. management schools and the Chinese Academy of Social Sciences. He has served as a consultant to the United Nations and OECD, as a board member of the National Gallery Society of Victoria, the Australian Government’s National Multicultural Advisory Council, and a member of the Ministerial Inquiry into Postgraduate Education in the Australian Defence Force. He was a Council Member of the US-Korea Institute (Washington, D.C.) and a Member of the Academic Council of the Prague International Business School (Czech Republic).

Dr McKern gained a BE in Chemical Engineering with Honours at the University of Sydney and a Doctorate in International Business at Harvard University. He is currently a member of the Academy of International Business, the Strategic Management Society and the Editorial Board of Management International Review.