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            HKUST 2011-2012 Annual Report
          
        
        
          RESEARCH DEVELOPMENT
        
        
          To share or not to share supply chain
        
        
          information
        
        
          Novel insights that could allow managers to improve the
        
        
          performance of supply chains in many industries have
        
        
          resulted from research by Prof Albert Ha and Prof Hongtao
        
        
          Zhang (Information Systems, Business Statistics and
        
        
          Operations Management).  They developed a new theory
        
        
          that explains how firms share information in competing
        
        
          supply chains with production diseconomies.  The findings
        
        
          were published in
        
        
          
            Management Science
          
        
        
          .
        
        
          Cyber-physical pioneer
        
        
          Emerging cyber-physical societies and internet of things
        
        
          environments are set to shape future lifestyles.  The
        
        
          HKUST-NIE Social Media Lab, established by Prof James
        
        
          She (Electronic and Computer Engineering), is a next-
        
        
          generation facility that aims to collect data to help
        
        
          business and advertising and develop technology for
        
        
          “digital life”.  The lab’s unconventional focus concentrates
        
        
          on the research and design of next-generation social media
        
        
          systems, networks and applications.  It is Asia’s first lab of
        
        
          its kind.
        
        
          Impact of regional clusters on
        
        
          innovation
        
        
          Regional clusters of industry and their effect on
        
        
          innovation are the focus of a study by Prof Wouter Stam
        
        
          (Management).  Combining agent-based simulation
        
        
          modeling with an empirical investigation of firms in the
        
        
          US nanotechnology industry, the research reveals how
        
        
          networking and learning activities of firms co-located
        
        
          in the same region influence a cluster’s innovativeness
        
        
          over time, and how government policy can enhance
        
        
          the innovative capacity of regional clusters by creating
        
        
          particular opportunities and incentives for network
        
        
          formation and knowledge sharing.
        
        
          The Wikipedia effect
        
        
          Online encyclopedia Wikipedia and its contributors form
        
        
          the basis for research conducted by Prof Michael Zhang
        
        
          (Information Systems, Business Statistics and Operations
        
        
          Management).  The project has assembled a Wikipedia
        
        
          dataset over one terabyte (1,000 GB) in size.  The largest
        
        
          table has about 600 million records with information on
        
        
          Wikipedia contributions and contributors.  He has used
        
        
          this dataset to study questions related to information
        
        
          systems, social networking, accounting, and economics,
        
        
          resulting in publications in top journals such as
        
        
          
            MIS
          
        
        
          
            Quarterly
          
        
        
          and
        
        
          
            American Economic Review
          
        
        
          .  The research
        
        
          offers powerful tools to derive rigorous empirical results
        
        
          and has implications for policy-makers and the design of
        
        
          social media systems.
        
        
          Exploring the global mindset
        
        
          With globalization a central influence in today’s world,
        
        
          Prof Melody Manchi Chao (Management) is investigating
        
        
          “Sojourner Adjustment: A Lay Theory Perspective (2010-
        
        
          2012)”.  Her study looks at how individuals’ beliefs about
        
        
          themselves and the others facilitate or hinder cultural
        
        
          adjustment.  In addition, it investigates the ameliorative
        
        
          effects that multicultural experience has on intergroup bias.
        
        
          Eye on evolving Hong Kong
        
        
          Prof Xiaogang Wu (Social Science) is tracking social
        
        
          and economic changes in Hong Kong and their impact
        
        
          on people’s lives through the systematic collection of
        
        
          longitudinal data.  In the first wave of fieldwork, over
        
        
          3,214 households and 7,218 adults aged 15 or above,
        
        
          and 958 children (under age 15) were interviewed.  This
        
        
          project of the HKUST Center for Applied Social and
        
        
          Economic Research, funded by the CPU-RGC Hong
        
        
          Kong Strategic Public Policy Scheme, will provide an
        
        
          important source of reference for quantitative
        
        
          social science research in Hong Kong and
        
        
          Chinese societies.