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Where Are the New Unicorns Coming from?

Professor AnalysisJuly 29, 2024

Over the past decade, venture capital fueled the growth of hundreds of startups with valuations exceeding $1 billion. With the rise of ChatGPT, AI emerged as a leading sector, attracting over $50 billion in funding and creating 20 new unicorns in 2023. In 2024, key drivers of unicorn creation are shifting, and global unicorn valuations have seen significant changes. Opinions vary across sectors as new developments unfold. In May, at the 2024 CKGSB Unicorn Summit in Shenzhen, themed “AI-driven future,” Professor Teng Bingsheng of CKGSB shared his insights on unicorn growth drivers in an interview with Caijing magazine. He discussed […]

CKGSB Associate Dean Teng Bingsheng to Speak at Economist’s Event on Outbound Investment

NewsNovember 21, 2017

Teng Bingsheng, CKGSB Associate Dean and Associate Professor of Strategic Management, is scheduled to speak at “China: Prepare for Opportunity,” an event on outbound investment organized by the Economist Intelligence Unit in Beijing on May 14.

[Interview] ‘The Expert in Strategic Alliance’, CKGSB Professor Teng Bingsheng: “Leading Korean and Chinese Companies Can Dominate the World Market through a Proper Alliance”

NewsApril 2, 2014

CKGSB has made a great leap in becoming one of the best business schools in China. CKGSB’s world-class faculty is also highly reputed. CKGSB Professor Teng Bingsheng, who visited Seoul to make a keynote speech at the ‘2014 Asian Leadership Conference’, said that proper strategic alliance such as ‘Strategic Investor’ relations between Korean and Chinese companies could enhance both countries’ key industries.

[Interview] CKGSB Professor Teng Bingsheng: “Korean Companies Need More Desperation When Entering the Chinese Market”

NewsMarch 10, 2014

For Korea, China is often referred to as ‘the land of opportunity’ due to its high growth potential and geographical advantage. Many Korean firms have already entered the Chinese market, yet the fate of each aspiring business is fairly differentiated. CKGSB Associate Dean and Professor Teng Bingsheng is one of the most prominent academics and experts in global strategic alliance. In an interview with Hankyung Business, Professor Teng shared his valuable opinions on business characteristics of Chinese companies, Korean companies’ market entry in China and key M&A strategies.

[The 5th Asian Leadership Conference] CKGSB Professor Teng Bingsheng: “China’s Copycat Strategy Has Become a Shortcut to Innovation”

NewsMarch 4, 2014

“Copycat strategy has led the Chinese industrial innovation”, said CKGSB Professor Teng Bingsheng at the 5th Asia Leadership Conference on March 4th in Seoul. He explained that “the technologies learned from the overseas products over the last 20-30 years has become a shortcut to our innovation”. Yet, Professor Teng commented that controversy still remains over the breach of intellectual property rights. Professor Teng highlighted that the Chinese government is putting much effort into creating a creative economy such as that of Korea. He also pointed to Samsung as one of the role models for both the Chinese private and public sectors since it reflects GE’s product diversity, Apple’s product innovation, and manages a close relationship with the government.

[Interview] CKGSB Professor Teng Bingsheng: “Large-scale M&A will Take Place in the Regions with Deteriorating Economies in China over the Next 10 Years”

NewsApril 1, 2014

Chinese companies are actively pursuing M&A to enhance their dominance in the overseas industry and predominate the domestic market. Last year, overseas M&A of Chinese companies grew more than 200%. In an interview with Fortune Korea, Teng Bingsheng, CKGSB Associate Dean, forecasted that the large-scale M&A will actively take place over the next 10 years. He explained that this trend will help companies shorten the market entry process to global standards by accumulating R&D capabilities”.

China’s Succession Issue Approaching ‘Critical’ Stage, Says CKGSB’s Professor Teng Bingsheng

NewsJune 8, 2016

CKGSB’s Associate Professor of Strategic Management and Associate Dean of CKGSB’s European Campus, Teng Bingsheng speaks at webinar ‘Understanding the Family Business in a 21st Century China’ co-presented by CKGSB and Cornell University’s Smith Business Initiative.

CKGSB Professor Teng Bingsheng Interviews with the Wall Street Journal on China’s Social Media Environment and Trends

NewsOctober 8, 2013

On September 19, The Wall Street Journal interviewed Dr. Teng Bingsheng, CKGSB Associate Dean and Associate Professor of Strategic Management, on social platforms such as Sina Weibo in China for an in-depth piece on the Chinese government’s reaction to social-media. Dr. Teng expressed a trend away from public opinion-driven platforms in China.

Prof. Teng Bingsheng in The Edge Singapore: How CKGSB Keeps Business School Curricula Relevant

NewsSeptember 8, 2014

Amid criticism that business schools lack relevance when it comes to real-life business management practices, Associate Professor of Strategic Management Teng Bingsheng tells The Edge Singapore how CKGSB is keeping business-school curricula up to date and also highlights why leading faculty are returning to China to join CKGSB.

CKGSB Professor Teng Bingsheng: Find Your Answer in the Uniqueness of Korea

NewsAugust 15, 2015

In an interview with Korean media outlet Chosun Biz, CKGSB Associate Dean Teng Bingsheng provided helpful insight about current trends and the market situation for successful businesses in China. He also suggested solutions for Korean companies to survive amid intensifying global competition.

China Daily Interviews CKGSB Professor Teng Bingsheng and Emphasizes CKGSB’s Event with Sheryl Sandberg

NewsSeptember 30, 2013

On September 11, China Daily discussed Facebook’s Chief Operating Officer Sheryl Sandberg’s insights on the challenges facing women at an event hosted by CKGSB in Beijing on September 10, while highlighting CKGSB Associate Dean and Professor Teng Bingsheng’s remarks on the purpose and role of the school on this matter.

Maeil Business Newspaper : Teng Bingsheng Advises about China Market Entry Strategy and Chinese Company Acquisition Tactics

NewsDecember 28, 2012

Teng Bingsheng, the associate professor of strategy management at CKGSB and the associate dean responsible for the CKGSB MBA program visits Korea to celebrate the 10th

How can unicorn companies accelerate their growth trajectory?

Professor AnalysisJanuary 22, 2025

In the wave of global economic transformation and technological revolution, unicorn companies, as exemplars of innovation-driven growth, continue to capture attention from all sectors. How are unicorn companies able to grow in an environment marked by global economic uncertainty? In an era of rapid technological advancement, which industries still have the potential to become the focal points of capital and innovation? In the face of escalating international competition, how can Chinese unicorns achieve breakthroughs? Recently, Professor Teng Bingsheng from Cheung Kong Graduate School of Business delivered a keynote speech at the 2024 16th Startup 100 Future Unicorn Conference. His talk, […]

Teng Bingsheng on the global M&A strategies of Chinese Companies

ArticleSeptember 14, 2012

Here’s a question. What do the following mergers and acquisitions have in common: Lenovo and IBM’s PC division, TCL and Thomson Electronics’ TV arm, and BenQ and Siemen’s cellphone business? According to Teng Bingsheng, Associate Professor of Strategic Management and Associate Dean responsible for the CKGSB MBA program, there is one common thread that runs […]

China’s Betting Big on the Latest Live Streaming E-commerce Boom

Professor AnalysisDecember 18, 2020

Generating Growth by Joining Forces: Selecting the Ideal M&A Partner for SMEs

Professor AnalysisFebruary 20, 2024

In today’s rapidly evolving business landscape, integrating high-potential start-ups into an existing business portfolio has emerged as a crucial strategy for achieving long-term growth, especially in dynamic sectors like pharmaceuticals and technology. An analysis by the Federal Trade Commission (FTC) reveals that between 2010 and 2019, the leading five technology firms in the United States—Amazon, Apple, Microsoft, Alphabet, and Facebook (now known as Meta)—collectively completed 616 acquisitions of start-ups. Similarly, Chinese giants such as Baidu, Alibaba, Tencent, and ByteDance have adopted a comparable approach to expansion, with Tencent notably executing seven acquisitions in 2022, predominantly targeting start-ups and small enterprises. […]

CKGSB Associate Dean Teng: Family Business Succession No Longer A Taboo Topic in China

NewsApril 14, 2015

Five years ago, Chinese entrepreneurs might have feared and shunned the topic of “family businesses.” Nowadays, second-generation leaders have started to openly talk about business succession.

Philanthropic Leadership of Tomorrow

NewsNovember 19, 2017

CKGSB is pleased to be hosting Barry Salzberg, Chairman of United Way Worldwide and CEO of Deloitte, at 9:30-11:00AM on April 23 at CKGSB’s Beijing Campus. Mr. Salzberg will be joined by prominent CKGSB alumni who are leading China’s nonprofit sector for a discussion on what’s next for philanthropic leadership. These alumni include Wang Zhenyao, Dean of Philanthropy School of Beijing Normal University; Li Yapeng, Founder of Yan Ran Smile Angel Foundation; Chen Weihong, CCTV anchor and philanthropist; and Wang Rupeng, General Secretary of China Red Cross Foundation. Together, these influencers will engage in a discussion, moderated by CKGSB Associate Dean Teng Bingsheng, on innovations and best practices in the public interest field.

4 CKGSB Professors Named as Most Cited Chinese Researchers of 2019

NewsMay 27, 2020

On May 7th, 2020, publication group Elsevier officially announced its annual “Most Cited Chinese Researchers” list of 2019. Cheung Kong Graduate School of Business (CGKSB) is proud to announce that 4 of its professors have been named on the 2019 list.

CKGSB Dialogue: The Changing Landscape of the Chinese and Global Economies

NewsApril 21, 2018

In the midst of an era of great disruptions, in which major changes to the economy, society, politics, technology and the environment are creating both opportunities and difficulties, where are the Chinese and global economies headed? What role will China take in the new global order? And how will the Chinese economy and reforms to try to rejuvenate it affect the global economy? Join the FT’s Associate Editor and Chief Economics Commentator Martin Wolf, IMF’s former Deputy Managing Director Zhu Min and CKGSB’s Professor of Strategic Management Teng Bingsheng to address these, and other, pertinent questions.

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