On October 22-23, Waseda University’s Center for Empirical Analyses of Political Economy as a Top Global University Project, in partnership with Waseda’s Research Institute of Business Administration, invited one of the world’s leading scholars of management, University of Texas, Dallas Professor Eric Tsang for two international workshops: “Foreign IPOs and Institutional Investors: The Signaling Role of a CEO’s Degree” and “A Realist Perspective of Entrepreneurship: Opportunities as Propensities.”
1st Session (Oct. 22)
Foreign IPOs and Institutional Investors: The Signaling Role of a CEO’s Degree
2nd Session (Oct. 23)
A Realist Perspective of Entrepreneurship: Opportunities as Propensities
Chair: Associate Professor Junichi Yamanoi (School of Commerce, Waseda University)
1st Session
Prof. Tsang proposed two intriguing questions: “How does a non-U.S. company’s IPO (Initial Public Offerings) in the US attract institutional investors?” and “What role does a CEO’s educational background play in IPO?” According to his analysis of foreign IPOs in the US, a non-US company with a CEO from a prestigious US or international university attracts more institutional investment.
2nd Session
Prof. Tsang presented joint research conducted with Dr. Stratos Ramoglou. In contrast to the previous session, Prof. Tsang presented a theoretical study of entrepreneurial opportunities from an unusual perspective. The study provides a resolution to disagreements between the discovery approach in which entrepreneurs identify and exploit promising opportunities, and the creation approach in which entrepreneurs actualize profits by introducing novel products and services. This research was approved by the Academy of Management Review, the most prestigious theoretical journal of management.
The workshops were attended by Waseda professor and PhD candidates as well as students from other universities. One PhD candidate said, “Prof. Tsang’s explanations were easy to understand. He gave us tips and other insights that I would not be able to get from just reading his papers. This was a great opportunity.”
Prof. Tsang’s also hosted two PhD seminars on Oct 19-20.
1st Session (Oct. 19)
Why should business researchers study logic (and philosophy)?
2nd Session on (Oct. 20)
Organization learning and knowledge transfer
Prof. Tsang consulted with PhD candidates individually on their research. He provided insightful advice from a fresh viewpoint based on his experience as an established researcher and experienced editor of major journals.
