About Us
About Us

Message from the Founding Director

Family businesses are pervasive and significant worldwide. In the United States, 35% of listed firms in the Standard & Poor's 500 are family-owned. In Europe, family businesses are not only prevalent but also having histories that transcend centuries. In Hong Kong, nearly 70% of listed firms are family-owned. Many family businesses have entrepreneurial traditions and foundations. Yet the field of family business and entrepreneurship research is relatively recent and little work has immediate applicability for practitioners.

The point where the topics of family business and entrepreneurship converge is often an unexplored area. Research on entrepreneurship has largely focused on who an entrepreneur is and what distinguishes successful entrepreneurs from others. Little has however been done on what happens to these entrepreneurs after they have established their successful enterprises. Often entrepreneurs enter the world of family business where they confront various questions on succession planning.

These topics represent a wealth of knowledge yet to be tapped. The Center aspires to be a leading research center of excellence in the understanding of the burgeoning Asian family business and entrepreneurship sectors, bridging the knowledge gap between academics, practitioners and policymakers. In particular, our Center focuses on ethnic Chinese family businesses, which contribute significantly to the Asian and the global economy. We hope to foster a greater understanding of these businesses by encouraging active dialogues between academics, practitioners and policymakers through education, research, and events.

Starting from July 2012, the Center has been named after the donor "Tanoto Foundation" founded by Mr Sukanto Tanoto and Mrs Tinah Bingei Tanoto, as "Tanoto Center for Asian Family Business and Entrepreneurship Studies".

Roger King, PhD
Adjunct Professor in Finance
Senior Advisor and Founding Director of Tanoto Center for Asian Family Business and Entrepreneurship Studies
The Hong Kong University of Science and Technology
Roger King, PhD
Roger King, PhD
  • Adjunct Professor in Finance
  • Senior Advisor and Founding Director of Tanoto Center for Asian Family Business and Entrepreneurship Studies
  • The Hong Kong University of Science and Technology

Mission and Objectives

The Tanoto Center for Asian Family Business and Entrepreneurship Studies is a leading research center in the burgeoning field of Asian family business and entrepreneurship studies, bridging the knowledge gap between academics, practitioners and policymakers in all of its programs and activities. The Center focuses on ethnic Chinese family businesses as a dynamic and influential network contributing to the world's economy. Recognizing the multi-disciplinary nature of the field of family business and entrepreneurship, the Center collaborates with leading families, practitioners, various academic departments at HKUST and institutions around the world to achieve the following objectives:

  1. Conduct quality academic research and case studies on Asian family businesses;
  2. Provide custom and open programs and EMBA and MBA courses in family business; and
  3. Organize academic and industry symposiums and roundtables

Mission and Objectives

People

Winnie Qian Peng, PhD
Professor Winnie Qian PENG
  • Director
Roger King, PhD
Professor Roger KING
  • Senior Advisor and Founding Director
Tracy Wan
Ms. Tracy WAN
  • Manager
Andrea Chen, MSc
Miss Andrea CHEN Yan
  • Research Assistant

Advisory Committee

The purpose of the Advisory Committee is to offer strategic advice on the development of the Center. The Committee recommends necessary strategies for research, education and events. The Committee connects the Center with key stakeholders and resources to achieve the vision and the objectives of the Center.

Industry Advisors

Mr Robert DORFMAN  (Committee Chair)
Mr Robert DORFMAN (Committee Chair)
  • Chairman, Herald Holdings Ltd. 
Ms Sabrina W. FUNG
Ms Sabrina W. FUNG
  • Executive Director, Fung Retailing Limited
Mr Eddy W.M. LEE
Mr Eddy W.M. LEE
  • Director, Lee Kum Kee Company Limited
  • Director, Lee Kum Kee Health Products Group Limited
  • Chairman, Lee Kum Kee Family Office
  • Chairman, Lee Kum Kee Family Investments Limited
Mr Maximilian Y.K. MA, M.B.E.
Mr Maximilian Y.K. MA, M.B.E.
  • Chairman, Lee Heng Diamond Group
  • Founder and Chairman, MaBelle Jewellery Co. Ltd.
  • Co-Founder, CoCoon
Mr Philip MARCOVICI
Mr Philip MARCOVICI
Dr James E. THOMPSON, GBS
Dr James E. THOMPSON, GBS
  • Chairman and Founder, Crown Worldwide Group of Companies
Mr Ziwang XU
Mr Ziwang XU
  • Chairman, CXC Captial

Academic Advisors

Professor CHEN Ling
Professor CHEN Ling
  • Professor for Family Business and Business History
  • Director, Institute for Entrepreneurs, School of Management, ZJU
  • Associate Director, Academy of Global Zheshang Entrepreneurship, ZJU
  • Director, Institute of Family Business, City College, ZJU
Professor Jess CHUA
Professor Jess CHUA
  • Professor Emeritus of Finance and Family Business Governance, University of Calgary
Professor, Lancaster University
  • Professor, Lancaster University
  • Professor of Family Business, Zhejiang University

Industry Advisors

Mr Robert DORFMAN  (Committee Chair)
Mr Robert DORFMAN (Committee Chair)
  • Chairman, Herald Holdings Ltd. 
Ms Sabrina W. FUNG
Ms Sabrina W. FUNG
  • Executive Director, Fung Retailing Limited
Mr Eddy W.M. LEE
Mr Eddy W.M. LEE
  • Director, Lee Kum Kee Company Limited
  • Director, Lee Kum Kee Health Products Group Limited
  • Chairman, Lee Kum Kee Family Office
  • Chairman, Lee Kum Kee Family Investments Limited
Mr Maximilian Y.K. MA, M.B.E.
Mr Maximilian Y.K. MA, M.B.E.
  • Chairman, Lee Heng Diamond Group
  • Founder and Chairman, MaBelle Jewellery Co. Ltd.
  • Co-Founder, CoCoon
Mr Philip MARCOVICI
Mr Philip MARCOVICI
Dr James E. THOMPSON, GBS
Dr James E. THOMPSON, GBS
  • Chairman and Founder, Crown Worldwide Group of Companies
Mr Ziwang XU
Mr Ziwang XU
  • Chairman, CXC Captial

Academic Advisors

Professor CHEN Ling
Professor CHEN Ling
  • Professor for Family Business and Business History
  • Director, Institute for Entrepreneurs, School of Management, ZJU
  • Associate Director, Academy of Global Zheshang Entrepreneurship, ZJU
  • Director, Institute of Family Business, City College, ZJU
Professor Jess CHUA
Professor Jess CHUA
  • Professor Emeritus of Finance and Family Business Governance, University of Calgary
Professor, Lancaster University
  • Professor, Lancaster University
  • Professor of Family Business, Zhejiang University