The Corporate Impact of Academic Research: Building Open System, Shaping Business School

Jiang Wei School of Management, Zhejiang University

Cultivating the Healthy Power Leading to the Future of China ----School of Management, Zhejiang University

Dedication with Excellence, Leadership with Heart

----School of Management, Zhejiang University

What is the Business School?

It is not the Business School……

Business school is not the paper factory

Business school is not the degree/diploma provider

Business school is not the discipline castle

Business school is not the business of business

What is the Business School?

The Business Faculty is ……

Not only the knowledge remover (Knowledge pipeline)

Not only the skill trainer (Training company)

Not only AI machine (AlphaGo/AlphaZero)

Not only the “paper” producer (Paper is paper)

Toward the future of Business School

It is the Business School……

The incubator of creative talents

The creator of business wisdom

The accelerator of healthy business society

The hub of interconnection and interworking

We believe that business school is the platform of open-loop ecosystem.

Then, we imagine that the business school must change.

Knowledge structure: Depth and Width

Capability structure: Integrative thinking; Professional attainment；

Noble personality；Cultural comprehension

Space & Scope: Globalization and Localization

Organizational structure: Networking and symbiosis

Therefore, today is the day to reshape learning and teaching.

Toward the future of Business School

SOM-ZJU (School of Management, Zhejiang University)

as a platform, to build the open system, and to reshape the

impact of academic research.

Toward the future of SOM-ZJU

Government

Research institutes

Society & Agents

Industries

Customers

Knowledge infrastructure

Knowledge transfer network

International networks

Alumni development

network

Social service

network

Edu-

cation

Research

Dsci-

plines

Syntegrative discipline platform

• Government • Enterprises

• Society • Education

institutes

• Developmental community

• Top-tier partnership

• First-class partners

• Global organization

• Global companies

• Entrepreneurial network • Network of entrepreneurs

• Think-tank • Consultant

• Reputation community

Enterprise-School

cooperation platform

Open education platform

Research laboratory platform

Strategies of Relevance：

Rooting in Zhejiang, Servicing for the Nation, Embedding in the World

Servic-ing for Nation

Embedding in World

Rooting in ZJ “Together with

Excellence” platform

Globalized education programs

National Think-tank platform

Problem-driven disciplines

Education base of Zhejiang

Entrepreneurs

HR hub of Zheshang

Research Center of Zheshang

Sysntegrative disciplines

Problem-driven TEAM (1+1+N)

Open-loop international platform

Academy of Global Zheshang

National Innovation Base NIIM

Cluster of Enterprise Joint Center

ZJU-Alibaba Data-Economy Academy

Top-tier partners

First-class strategic partners

3*100% Talent Plan

International Business School

Headquarter:

Zijingang Hub

Shenzhen

South hub“双创“

Haining

International hub

Space & Scope：Quadriad Structure

Chongqing:

Southwest hub

Three Program Cases

Academy of Global Zhejiang Entrepreneur

Innovation-based Entrepreneurship System

SOM-ZJU-Alibaba Joint Academy of Data-Economics

Reshaping the Programs toward Relevance

Case 1 Academy of Global Zheshang (全球浙商研究院)

Zheshang Entrepreneurs Community

Rooted in Zhejiang：HR centers extension from Zheshang Entrepreneurs to SOM.

Think-tank for Zheshang: Academy of Global Zheshang Zheshang history/cases studies/culture, Zheshang database, 500N, Institute for Entrepreneurs.

Joint center with Zheshang: Institute for Entrepreneurs & Institute for Agri-business Training center; Joint research center; Joint programs; Recruitment of entrepreneurs

Alumni network and business leaders network Entrepreneur Strategy Committee, Council of Young Entrepreneurs, Platforms for Strategic partners.

Institute of Entrepreneurs

Support Centers

Research Centers

Industrial Service

Board committee

全球农商研究院

现代服务研究中心

高端制造与品牌发展研究中心

新零售研究中心

家族企业研究所

指数研究中心

世界创业论坛

Academic Committee

Dean

上市公司研究中心

Consultant Committee

企业家学院

案例中心

综合服务中心

Philo-sophy

Organi-zation

Con-tents Goal

Global view, Mission-driven Innovation-driven Entrepreneurship Excellent Capability Entrepreneurship

Open organization Matrix modes Platform organization Syntegrative education

ZJU-Mode: IEEE Innovation-based Entrepreneurship Education Ecosystem

Globalization, Innovation, Entrepreneurship, Responsibility, Schumpeterian Entrepreneurs

Mode

Strategy module Innovation Module Entrepreneurial module Practical module

Case 2: IBE 4.0 system Intensive Training Program（1999-2018）

Venture Lab @ Silicon Valley

Launched in May 2014-2018 with Ulfrate Inc.

MBA and undergraduate students can participate

in startups in USA from Jul. to Sep. 2014-2018.

A global network of entrepreneurs in all fields of society

70 countries，350 entrepreneur members, 3 white books，

7 Entrepreneurship Forums, 11 Young Entrepreneurship

Forums，100+ International Medias.

World Entrepreneurship Forum since 2008

Entrepreneurial Statistics of Zhejiang University (ZJU)

140 ZJU alumni are founders/presidents of Chinese listed companies, 30 are from School of Management (SOM).

90 are mainboard listed companies, 20 are from SOM.

Average rate of entrepreneurship of SOM alumni is more than TWICE as that of ZJU.

Zhejiang University

Zhejiang University

Entrepreneurship Talents

Industry Distribution of ZJUer-owned Companies

E-Commerce Enterprise Service Software

On-line Games Hardware Financial Service Education

Entertainment & Sports Social Tools

Healthcare

Tourism

Local life tools Real estate service

Advertisement & Marketing Auto & Transportation

海康威视

Top 3 Listed SMEs

西子联合控股集团 China's top 500 companies

Listed on the Shanghai Stock Exchange

Branches in 39 cities around the globe

大华股份

Top 3 global security solutions provider

Annual revenue 18.8 billion (2017)

利珀科技

50 million in A-round financing

求是同创（微脉）

USD 30 million in B-round financing

Over 100 million in B-round financing

汉鼎宇佑

A-Share Listed Companies

Top 500 Chinese private companies

50 million in B-round financing

… …

Entrepreneurship Talents

Case 3: ZJU-Alibaba Data-Economy Academy

Following the national strategy of digital China, the Academy aims to drive the digital transformation of government, industry and enterprises by research and development. Based in Hangzhou, it radiates to the Hangzhou Bay, the Guangdong-Hongkong-Macao Greater Bay Area, as well as central and western parts of China.

National Strategy of Digital China

Digital transition trend of government, industry and enterprises

University-Enterprise-City Effect

An open platform for research on digital transformation in China

A cooperation among administration, industry, university, research and innovation.

A leading digital economy innovation ecosystem platform integrating talent training, scientific research and achievement transformation.

Through innovative research and education, we aim to promote China's digital economy, boost digital transformation and become a solutions provider and think tank of social and corporate management problems.

Structure of ZJU-Aliyun Data-Economy Academy

ZJU-AliCloud Hangzhou

Center

Center for Digital Economy Research and Education

ZJU-AliCloud Shenzhen

Center

ZJU-AliCloud Chongqing

Center

ZJU-SOM Ali Cloud

Industry-University-Research resources of university & research institutes

Alibaba & global leading IT enterprises ecosystem

Recent focuses

中国区域数字经济发展指数监测系统

China Regional Digital Economy Development Index Monitoring System

数字化前沿技术及应用监测与商业价值前瞻

Digital frontier technology and application monitoring and business value prospect

数字化转型最佳实践、方法论与工具体系

Best practices, methodologies and tool systems for digital transformation

Thank you !