ZHENG, Yanfeng
Source: https://bm.hkust.edu.hk/faculty/zheng-yanfeng Parent: https://bm.hkust.edu.hk/bizinsight/innovation-and-entrepreneurship
ZHENG, Yanfeng
Associate Professor
Department of Management
Recent Activities
WANG, Qinyu Ryan
Shadow of the great firewall: The impact of Google blockade on innovation in China
Research summary: Building on the search-based view of innovation, we develop a framework regarding how Google guides innovative search behavior. We exploit an exogenous shock, China's unexpected blockade of Google in 2014, and adopt a difference-in-differences approach with a matched sample of patents from China and nearby regions to test our predictions ... Read More
[ Innovation and Entrepreneurship ]
ZHONG, Weiguo
Research Summary: The impact of political connections on firm innovation remains unclear. Utilizing the unexpected removal of high-ranking officials during China's anti-corruption campaigns between 1999 and 2015 as an exogenous shock, we analyze this relationship to provide greater clarity. Employing a difference-in-differences approach, we find that firms ... Read More
[ Innovation and Entrepreneurship ]
WANG, Qinyu Ryan
Patent Regime and the Geography of Cumulative Innovation
Cumulative innovation—building on existing ideas to create new innovations—is key to technological and economic development. Unsurprisingly, the process is geographically localized: innovations tend to be developed by innovators located nearer to their predecessors. Yet research has thus far failed to account for the strengthening of this effect in recent ... Read More
[ BizBites ]
WANG, Qinyu Ryan
How Patents Shape the Geography of Innovation
Cumulative innovation—building on existing ideas to create new innovations—is key to technological and economic development. Unsurprisingly, the process is geographically localized: innovations tend to be developed by innovators located nearer to their predecessors. Yet research has thus far failed to account for the strengthening of this effect in recent ... Read More
[ BizStudies ]
WANG, Qinyu Ryan
Inventor Mobility and the Left-behind Patents
What should firms do with their patent rights when inventors jump ship? This key managerial question was recently addressed in an elegant study by HKUST’s Yanfeng Zheng and a colleague. With critical implications for firms deciding whether to maintain intellectual property after inventors leave, the authors established and empirically tested a framework ... Read More
[ BizBites ]
WANG, Qinyu Ryan
Lose the Inventor, Keep the Patent?
What should firms do with their patent rights when inventors jump ship? This key managerial question was recently addressed in an elegant study by HKUST’s Yanfeng Zheng and a colleague. With critical implications for firms deciding whether to maintain intellectual property after inventors leave, the authors established and empirically tested a framework ... Read More
[ BizStudies ]
XIA, Jun
More Risk, Less Reward: Venture Capital Investment in China
Chinese venture capital (VC) firms suffer from imperfect information and poor legal protections when deciding whether to continue to invest in a company or cut it loose, according to HKUST researcher Yanfeng Zheng and a colleague. Analysing more than a decade’s worth of deals, the authors established that Chinese VCs are more likely to terminate investments ... Read More
[ BizStudies ]
Innovation in China: Blockade of Google, Made in China 2025, and more
Building on the search-based view of innovation, we develop a framework regarding how Google guides innovative search behavior. We exploit an exogenous shock, China's unexpected blockade of Google in 2014, and adopt a difference-in-differences approach with a matched sample of patents from China and nearby regions to test our predictions. Our analyses show ... Read More
[ BizTalks ]