{"id":1034,"date":"2015-11-18T15:11:12","date_gmt":"2015-11-18T06:11:12","guid":{"rendered":"http:\/\/www.waseda.jp\/inst\/sgu\/?p=1034"},"modified":"2017-05-31T15:44:55","modified_gmt":"2017-05-31T06:44:55","slug":"%e3%80%90tgu-empirical-analyses-of-political-economy%e3%80%91-international-workshop-eric-tsang-university-of-texas","status":"publish","type":"post","link":"https:\/\/www.waseda.jp\/inst\/sgu\/news-en\/2015\/11\/18\/1034\/","title":{"rendered":"\u3010TGU Empirical Analyses of Political Economy\u3011 International Workshop: Eric Tsang, University of Texas"},"content":{"rendered":"<p><a href=\"http:\/\/www.waseda.jp\/inst\/sgu\/assets\/uploads\/2015\/11\/DSCF0933.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1036\" alt=\"DSCF0933\" src=\"http:\/\/www.waseda.jp\/inst\/sgu\/assets\/uploads\/2015\/11\/DSCF0933.jpg\" width=\"4608\" height=\"3456\" srcset=\"https:\/\/www.waseda.jp\/inst\/sgu\/assets\/uploads\/2015\/11\/DSCF0933.jpg 4608w, https:\/\/www.waseda.jp\/inst\/sgu\/assets\/uploads\/2015\/11\/DSCF0933-360x270.jpg 360w, https:\/\/www.waseda.jp\/inst\/sgu\/assets\/uploads\/2015\/11\/DSCF0933-610x457.jpg 610w, https:\/\/www.waseda.jp\/inst\/sgu\/assets\/uploads\/2015\/11\/DSCF0933-940x705.jpg 940w, https:\/\/www.waseda.jp\/inst\/sgu\/assets\/uploads\/2015\/11\/DSCF0933-720x540.jpg 720w\" sizes=\"auto, (max-width: 4608px) 100vw, 4608px\" \/><\/a>On October 22 and 23, Waseda University\u2019s Center for Empirical Analyses of Political Economy as a Top Global University Project hosted international workshops titled \u201cForeign IPOs and Institutional Investors: The Signaling Role of a CEO&#8217;s Degree\u201d and &#8220;A Realist Perspective of Entrepreneurship:<\/p>\n<p>Opportunities as<\/p>\n<p>Propensities,\u201d jointly held with the Research Institute of Business Administration, Waseda University. Professor Eric Tsang from University of Texas, Dallas, one of the world\u2019s leading scholars of Management.<\/p>\n<p>&nbsp;<\/p>\n<p>1st. Session on 22, Oct.<\/p>\n<p>Foreign IPOs and Institutional Investors: The Signaling Role of a CEO&#8217;s Degree<\/p>\n<p>2nd. Session on 23rd, Oct.<\/p>\n<p>A Realist Perspective of Entrepreneurship: Opportunities as Propensities<\/p>\n<h2><\/h2>\n<p>Chair: Associate Professor Junichi Yamanoi (School of Commerce, Waseda University)<\/p>\n<p>&nbsp;<\/p>\n<p>1st Session<\/p>\n<p>In the first session, Prof. Tsang reported intriguing research<\/p>\n<p>questions:<\/p>\n<p>\u201cHow does a non-U.S. company\u2019s IPO (Initial Public Offerings) in the US attract institutional investors?&#8221; and &#8220;What role does a CEO\u2019s educational background play in IPO?\u201d According to his analysis of foreign companies&#8217; IPOs in the US, a non-US company with the CEO who has a prestigious U.S. degree receives more institutional investors\u2019 participation in its IPO. In addition, an non-US company with the CEO that has a prestigious foreign degree receives more institutional investors\u2019 participation in its IPO.<\/p>\n<p>&nbsp;<\/p>\n<p>2nd Session<\/p>\n<p>In the second session, Prof. Tsang reported a joint research with Dr. Stratos Ramoglou. In contrast to the previous session, Prof. Tsang presented a theoretical study of entrepreneurial opportunities from a novel perspective. The study reconciles the debate between the discovery approach, entrepreneurs find out and exploit profitable opportunities, and the creation approach, entrepreneurs make up profitable opportunities by proposing the actualization approach, where entrepreneurial opportunities are the propensity of market demand to be actualized into profits through the introduction of novel products or services. This paper was accepted by the Academy of Management Review, which is the most prestigious theoretical journal in Management.<\/p>\n<p>In addition to professors and Ph.D candidates of Waseda University, those from other universities also attended these workshops. One of the Ph.D candidates said, \u201cI could well understand the research results through its author&#8217;s direct explanations. He also gave us tips and inside story in his research, which I could not get just from reading the papers. I appreciate this precious opportunity.&#8221;<\/p>\n<p>&nbsp;<\/p>\n<p>In addition, Prof. Tsang\u2019s PhD seminars were held for two days.<\/p>\n<p>1st. Session on Oct 19.<\/p>\n<p>Why should business researchers study logic (and philosophy)?<\/p>\n<p>2nd. Session on Oct 20.<\/p>\n<p>Organization learning and knowledge transfer<\/p>\n<p>Further, Prof. Tsang gave Ph.D candidates individual consultation 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.<\/p>\n<p><a href=\"http:\/\/www.waseda.jp\/inst\/sgu\/assets\/uploads\/2015\/11\/DSCF0956.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-1037\" alt=\"DSCF0956\" src=\"http:\/\/www.waseda.jp\/inst\/sgu\/assets\/uploads\/2015\/11\/DSCF0956.jpg\" width=\"4608\" height=\"3456\" srcset=\"https:\/\/www.waseda.jp\/inst\/sgu\/assets\/uploads\/2015\/11\/DSCF0956.jpg 4608w, https:\/\/www.waseda.jp\/inst\/sgu\/assets\/uploads\/2015\/11\/DSCF0956-360x270.jpg 360w, https:\/\/www.waseda.jp\/inst\/sgu\/assets\/uploads\/2015\/11\/DSCF0956-610x457.jpg 610w, https:\/\/www.waseda.jp\/inst\/sgu\/assets\/uploads\/2015\/11\/DSCF0956-940x705.jpg 940w, https:\/\/www.waseda.jp\/inst\/sgu\/assets\/uploads\/2015\/11\/DSCF0956-720x540.jpg 720w\" sizes=\"auto, (max-width: 4608px) 100vw, 4608px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On October 22 and 23, Waseda University\u2019s Center for Empirical Analyses of Political Economy as a Top Global U [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1035,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[18],"tags":[99],"class_list":["post-1034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-en-eape"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/posts\/1034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/comments?post=1034"}],"version-history":[{"count":1,"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/posts\/1034\/revisions"}],"predecessor-version":[{"id":1041,"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/posts\/1034\/revisions\/1041"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/media\/1035"}],"wp:attachment":[{"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/media?parent=1034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/categories?post=1034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.waseda.jp\/inst\/sgu\/wp-json\/wp\/v2\/tags?post=1034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}