SINGAPORE/HONG KONG STARTUP STR
Course Description:MOB 7553 Hong Kong/Shenzhen Startup Strategy 3 credits (Elective Abroad) Program fee is paid to Glavin Office program fee includes: accommodations, breakfast, ground transportation, program planned meals and cultural excursions. Not included: tuition, international flight, single supplement (optional - TBD), visa costs, additional meals and personal expenses. The purpose of this course is to provide students with an opportunity to understand the entrepreneurial ecosystem (EE) in Hong Kong and Shenzhen. Hong Kong is a vital hub for finance and trade in Asia while Shenzhen is a nearby entrepreneurial hub which has enjoyed rapid development over the last 10 years hosting companies such as Tencent Holding. Hong Kong's government has taken affirmative steps to try to encourage entrepreneurship within its borders to avoid the economic stagnation that often results from being too dependent on the largest companies. Yet there is still a strong cultural bias for the graduates of elite schools in Hong Kong to work for large companies. Hence one of the goals of the course is to explore how the tension between strong cultural values vie for the attention with the countries need to encourage entrepreneurship. Hong Kong has significant intellectual capital but very small local markets for its products. Meanwhile Shenzhen- thanks in part to a strong push from China's government has built a significant technological hub in a very short time. Through direct interaction with entrepreneurs, capital providers, educators, and government officials in Hong Kong and Shenzhen, students should come away with a new perspective on startup opportunities and challenges, and gain experience consulting to local startups, while applying concepts learned from course readings: Capital Rising: How Capital Flows Are Changing Business Systems All Over the World, co-authored with Srini Rangan, Startup Cities: Why Only a Few Cities Dominate the Global Startup Scene and What the Rest Should Do About It; and Hungry Start-up Strategy: Creating New Ventures with Limited Resources and Unlimited Vision.
Course Level:Graduate Elective (Grad)