Keynote Speakers       


 

 Keynote Speakers:

" Virtual Business Supported by Information Technology "

Siwei Cheng
Director of Chinese Academy of Sciences Research Center on Fictitious Economy and Data Science.
Dean of School of Management, University of Chinese Academy of Sciences.
Honorary Chairman of the International Academy for IT and Quantitative Management (IAITQM)  .

Abstract:

Virtual business is the integration of different parts across the whole supply chain from the very beginning to the final end. This talk will explore how virtual business is supported by information technology, including IPv.6.0, cloud computation, 2D coding, 4th party logistics, etc. It will also discuss the optimization strategy of virtual business for promoting the sustainable development of China' economy.

Author’s  short biographical note:

Cheng Siwei is the director of Chinese Academy of Sciences Research Center on Fictitious Economy and Data Science, Dean of School of Management, University of Chinese Academy of Sciences and Honorary Chairman of the International Academy for IT and Quantitative Management (IAITQM). He has been the Vice-Chairman of the Standing Committee of the National People's Congress of the People's Republic of China (1998-2008).

Known as the father of China's venture capital, Prof. Cheng has created a field of the Fictitious Economy, which studies transaction activities of fictitious capital (e.g., securities, futures and options), economic activities that are carried out with the information technology as well as visual economic activities with the computer simulation. His "three foundations, three levels, three areas" has become an important strategy for the development of management sciences in China. He has led and promoted the research and development of complex science, Fictitious Economy and venture capital investment, with profound impact on the China and beyond. Prof. Cheng has published about 35 academic books both in Chinese and English, and over 120 articles in prestigious academic journals. His academic thoughts and views have extensive influence on academia and in the professions. He has been invited to give academic speeches at various international conferences and visited a number of prestigious universities around the world, including Harvard University, Yale University, Princeton University, University of Pennsylvania, and Northwestern University in USA.

 

" Reflections by an Academic/Practitioner on the Management of Emerging Technologies "

Daniel Berg
Member of the National Academy of Engineering,
Institute Professor of Science and Technology,
Rensselaer Polytechnic Institute (RPI) and Distinguished Research Professor of Engineering, the University of Miami, USA .

Abstract:

Emerging technologies are critically important and difficult to define. But we do define them! Are they emerging today or many indefinite decades from today? Are they managed in identical fashion in nanotechnology, biotechnology, information technology, energy technology, etc.? I don't think so. After working decades on technologies that have emerged or on some still emerging technologies or on not quite yet emerging technologies and also having researched and taught the basics of the management of technology, in these reflections I will attempt to explore some of the continuing issues and dilemmas of the management of emerging technologies.

Author’s  short biographical note:

Daniel Berg received his B.S. in Chemistry and Physics from the City College of New York (C.C.N.Y.) and his M.S. and Ph.D. in Physical Chemistry from Yale. He was employed by Westinghouse Electric in a variety of technical/managerial positions including Technical Director. He was Dean and Provost at Carnegie Mellon University (CMU) as well as Provost and President at Rensselaer Polytechnic Institute (RPI) and Institute Professor of Science and Technology. He is a Distinguished Research Professor of Engineering at the University of Miami. He is a Life Fellow of the Institute of Electrical and Electronic Engineers, a Fellow of INFORMS, and a Fellow of the American Association for the Advancement of Science. He is a member of the National Academy of Engineering. He serves as the American Editor of the "International Journal of Services Technology and Management".

 

"Green  Manufacturing  and Computer Aided Decision Making "

Florin Gheorghe Filip
Vice-President of the Romanian Academy.
Chairman of the “Information Science and Technology” section of the Academy.
Chairman of the IFAC Technical Committee on "Large-Scale Complex Systems" (LSS).
Founding member of the International Academy for IT and Quantitative Management (IAITQM) .

Abstract:

This paper aims at presenting the main concepts and challenges of sustainable production and logistic systems and their impact on the design of modern information systems meant to support decisions. In particular, several recent results reported in the field of "green manufacturing systems" (GMS) are reviewed first. Then a survey of various methodologies which have been utilized for the management and control of complex, large-scale systems (including hierarchical, heterarchical, and collaborative schemes) is made. The third part of the paper addresses several design aspects in building and implementing usable, useful and effectively utilized decision support systems (DSS). Special attention is paid to describing the human-computer interface (HCI) design and relevant standards utilized, various architectures and combinations of basic technologies in the DSS, multi-criteria models for choosing the ITC (information technology and communications) platform and recent business models and novel concepts, such as "software as a service", and "cyber technical systems" (CTS).

Author’s  short biographical note:

Prof. F. G. Filip (http://www.biblacad.ro/FlorinFilip.html) took his MSc and PhD degrees in control engineering from the T. U. "POLITEHNICA" of Bucharest, Romania, in 1970 and 1982, respectively. He has been with the National R&D Institute for Informatics (ICI) Bucharest since 1970. From 1971 to 1997, he was the managing director of the institute. He was elected as a member of the Romanian Academy (www.acad.ro)in 1991. He was elected as vice-president of the Academy in 2000 and re-elected in 2002, and 2006. In 2010, he was elected as the chair of the "Information Science and Technology" section of the Academy. In 2012, he became a founding member of the International Academy for IT and Quantitative Management (IAITQM). From 2002 to 2008, he was the chairman of the IFAC Technical Committee on "Large-Scale Complex Systems" (LSS). His main professional interests are the methodologies and applications of large-scale systems and computer aided decision-making. He is the author/co-author of seven monographs and over 200 journal articles and papers in various volumes, and the editor/co-editor of 21 contribution volumes.

 

"Dividend Policy and Dividend Payment Behavior: Theory and Evidence "

Cheng-Few Lee
Distinguished Professor of Finance at Rutgers Business School, Rutgers University .
Chairperson of the Department of Finance.
Professor Lee founded the Review of Quantitative Finance and Accounting (RQFA) in 1990 and the Review of Pacific Basin Financial Markets and Policies (RPBFMP) in 1998.
Co-editor of the Financial Review (1985C1991) and the Quarterly Review of Economics and Business (1987C1989).

Abstract:

In this talk, we will first review the different theories of dividend policy and dividend payment behavior. Then the interrelationship of dividend policy theory and dividend payment behavior will be explored in detail. In addition, we investigate the investment decision and dividend policy jointly from a non-steady state to a steady state. We extend Higgins' (1977, 1981, and 2008) sustainable growth rate model and develop a dynamic model which jointly optimizes the growth rate and payout ratio.

We optimize the firm value to obtain the optimal growth rate in terms of a logistic equation and find that the steady state growth rate can be used as the benchmark for the mean-reverting process of the optimal growth rate. We also investigate the specification error of the mean and variance of dividend per share when introducing the stochastic growth rate. Empirical results support the mean-reverting process of the growth rate and the importance of covariance between the profitability and the growth rate in determining dividend payouts. The intertemporal behavior of the covariance may shed some light on the fact of disappearing dividends over decades.

Author’s  short biographical note:

Cheng-Few Lee is a Distinguished Professor of Finance at Rutgers Business School, Rutgers University and was chairperson of the Department of Finance from 1988C1995. He has also served on the faculty of the University of Illinois (IBE Professor of Finance) and the University of Georgia. He has maintained academic and consulting ties in Taiwan, Hong Kong, China and the United States for the past three decades. He has been a consultant to many prominent groups including, the American Insurance Group, the World Bank, the United Nations and The Marmon Group Inc., Wintek Corporation and Polaris Financial Group, etc.

Professor Lee founded the Review of Quantitative Finance and Accounting (RQFA) in 1990 and the Review of Pacific Basin Financial Markets and Policies (RPBFMP) in 1998, and serves as managing editor for both journals. He was also a co-editor of the Financial Review (1985C1991) and the Quarterly Review of Economics and Business (1987C1989). In the past thirty-two years, Dr. Lee has written numerous textbooks ranging in subject matter from financial management to corporate finance, security analysis and portfolio management to financial analysis, planning and forecasting, and business statistics. Dr. Lee has also published more than 200 articles in more than twenty different journals in finance, accounting, economics, statistics, and management. Professor Lee has been ranked the most published finance professor worldwide during 1953C2008.

 

 

 

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