# Innovation and Entrepreneurship
**Source**: https://bm.hkust.edu.hk/bizinsight/innovation-and-entrepreneurship
**Parent**: https://bm.hkust.edu.hk/bizinsight
Innovation and entrepreneurship transform ideas into impact. Our research explores how creativity, strategies, and systems interact to shape changes across organizations, markets, and societies. From individual decision-making to institutional dynamics, we examine the diverse forces that influence how innovations emerge, evolve, and generate impact.
[ZHENG, Yanfeng](https://bm.hkust.edu.hk/faculty/zheng-yanfeng)
WANG, Qinyu Ryan
[Shadow of the great firewall: The impact of Google blockade on innovation in China](https://bm.hkust.edu.hk/bizinsight/2026/02/shadow-great-firewall-impact-google-blockade-innovation-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
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[Read More](https://bm.hkust.edu.hk/bizinsight/2026/02/shadow-great-firewall-impact-google-blockade-innovation-china)
[ [Innovation and Entrepreneurship](https://bm.hkust.edu.hk/bizinsight/innovation-and-entrepreneurship "Innovation and Entrepreneurship") ]
[Read Full Paper](https://gwern.net/doc/economics/copyright/2020-zheng-3.pdf#:~:text=Our%20analyses%20show%20that%20the%20blockade%20negatively%20affected,group%20who%20were%20presumably%20unaffected%20by%20the%20event)
ZHONG, Weiguo
[ZHENG, Yanfeng](https://bm.hkust.edu.hk/faculty/zheng-yanfeng)
[Do Political Connections Stifle Firm innovation? Natural Experimental Evidence from China's Anti-Corruption Campaigns](https://bm.hkust.edu.hk/bizinsight/2026/02/do-political-connections-stifle-firm-innovation-natural-experimental-evidence)
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
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[Read More](https://bm.hkust.edu.hk/bizinsight/2026/02/do-political-connections-stifle-firm-innovation-natural-experimental-evidence)
[ [Innovation and Entrepreneurship](https://bm.hkust.edu.hk/bizinsight/innovation-and-entrepreneurship "Innovation and Entrepreneurship") ]
[Read Full Paper](https://sms.onlinelibrary.wiley.com/doi/10.1002/smj.3690)
[CHEN, Siyin](https://bm.hkust.edu.hk/faculty/chen-siyin)
CHRISTIANSON, Marlys
ZHONG, Chen-Bo
[Art for Whose Sake? Managing Professional Autonomy and Empowered Clients in the Porcelain Capital of China](https://bm.hkust.edu.hk/bizinsight/2026/02/art-whose-sake-managing-professional-autonomy-and-empowered-clients-porcelain)
Existing research suggests that experts often protect their professional autonomy by rejecting lay clients’ feedback or passing it to intermediaries (e.g., managers and agents). However, the rise of review platforms and disintermediated marketplaces has empowered clients to publicly share challenging feedback, and experts’ defensive tactics may further erode
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[Read More](https://bm.hkust.edu.hk/bizinsight/2026/02/art-whose-sake-managing-professional-autonomy-and-empowered-clients-porcelain)
[ [Innovation and Entrepreneurship](https://bm.hkust.edu.hk/bizinsight/innovation-and-entrepreneurship "Innovation and Entrepreneurship") ]
[Read Full Paper](https://www.researchgate.net/publication/393084374_Art_for_Whose_Sake_Managing_Professional_Autonomy_and_Empowered_Clients_in_the_Porcelain_Capital_of_China)
[GONG, Robin](https://bm.hkust.edu.hk/faculty/gong-robin)
[LI, Yao](https://bm.hkust.edu.hk/faculty/li-yao)
MANOVA, Kalina
SUN, Stephen Teng
[Tickets to the Global Market: First US Patents and Chinese Firm Exports](https://bm.hkust.edu.hk/bizinsight/2026/01/tickets-global-market-first-us-patents-and-chinese-firm-exports)
We investigate how international patent activity enables firms from emerging economies to thrive in the global marketplace. We match Chinese customs data to US patent records, and leverage the quasi-random assignment of USPTO patent examiners to identify the causal effect of a US patent grant on the subsequent export performance of Chinese firms. Successful
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[Read More](https://bm.hkust.edu.hk/bizinsight/2026/01/tickets-global-market-first-us-patents-and-chinese-firm-exports)
[ [Innovation and Entrepreneurship](https://bm.hkust.edu.hk/bizinsight/innovation-and-entrepreneurship "Innovation and Entrepreneurship") ]
[Read Full Paper](https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4874407)
LI, Xuelin
[SZYDLOWSKI, Martin](https://bm.hkust.edu.hk/faculty/szydlowski-martin)
[Aggressive Pivots and Entrepreneurial Skill](https://bm.hkust.edu.hk/bizinsight/2026/01/aggressive-pivots-and-entrepreneurial-skill)
We study pivots as signaling devices in a dynamic experimentation model. An entrepreneur receives funding from an investor and has private information about a project, which requires costly experimentation to succeed. The entrepreneur has a real option to pivot, i.e., to abandon the project and to start a new one. Investors learn about the project from the
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[Read More](https://bm.hkust.edu.hk/bizinsight/2026/01/aggressive-pivots-and-entrepreneurial-skill)
[ [Innovation and Entrepreneurship](https://bm.hkust.edu.hk/bizinsight/innovation-and-entrepreneurship "Innovation and Entrepreneurship") ]
[Read Full Paper](https://pubs.aeaweb.org/doi/pdfplus/10.1257/mic.20240075)
[KOH, Tat Koon](https://bm.hkust.edu.hk/faculty/koh-tat-koon)
[“Optimal” Feedback Use in Crowdsourcing Contests: Source Effect and Priming Intervention](https://bm.hkust.edu.hk/bizinsight/2026/01/optimal-feedback-use-crowdsourcing-contests-source-effect-and-priming)
Crowdsourcing contests allow firms to seek ideas from external solvers to address their problems. This research examines solvers’ use of developmental feedback from different sources and of different constructiveness when generating ideas in contests. I theorize a source effect in solvers’ feedback use where they use seeker feedback more than peer feedback
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[Read More](https://bm.hkust.edu.hk/bizinsight/2026/01/optimal-feedback-use-crowdsourcing-contests-source-effect-and-priming)
[ [Digital Platform: Design and Strategy](https://bm.hkust.edu.hk/bizinsight/digital-platform-design-and-strategy "Digital Platform: Design and Strategy") ]
[ [Innovation and Entrepreneurship](https://bm.hkust.edu.hk/bizinsight/innovation-and-entrepreneurship "Innovation and Entrepreneurship") ]
[Read Full Paper](https://pubsonline.informs.org/doi/pdf/10.1287/orsc.2021.15885)
DESANTOLA, Alicia
GULATI, Ranjay
[ZHELYAZKOV, Pavel](https://bm.hkust.edu.hk/faculty/zhelyazkov-pavel)
[How Young Ventures Grow and Professionalize](https://bm.hkust.edu.hk/bizinsight/2023/09/how-young-ventures-grow-and-professionalize)
[Entrepreneurship](https://bm.hkust.edu.hk/bizinsight/tag/entrepreneurship)
[Organizational Behavior](https://bm.hkust.edu.hk/bizinsight/tag/organizational-behavior)
[New Ventures](https://bm.hkust.edu.hk/bizinsight/tag/new-ventures)
For fledgling ventures, part of the growth process is to develop key systems, both external (such as marketing and sales) and internal (such as accounting and human resources). To date, most researchers have assumed that these systems develop uniformly as ventures scale and complete developmental milestones. According to HKUST’s Pavel I. Zhelyazkov and
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[Read More](https://bm.hkust.edu.hk/bizinsight/2023/09/how-young-ventures-grow-and-professionalize)
[ [BizStudies](https://bm.hkust.edu.hk/bizinsight/bizstudies "BizStudies") ]
[ [Innovation and Entrepreneurship](https://bm.hkust.edu.hk/bizinsight/innovation-and-entrepreneurship "Innovation and Entrepreneurship") ]
[Read Full Paper](https://pubsonline.informs.org/doi/epdf/10.1287/orsc.2021.1561)