Bulletin Spring‧Summer 2003

Entrepreneurship Monitor, a 37-country research project to measure entrepreneurship around the world on an annual basis. This was the first time Hong Kong, mainland China, Taiwan, and Thailand had participated in the project. Other Asian participants included Australia, India, Japan, Korea, New Zealand, and Singapore. The study was funded by the SME Development Fund, the Hong Kong Management Association's Chinese Executive Club, and the CUHK Asia- Pacific Institute of Business. The report was released at a forum held on 4th December 2002 at the Pacific Place Conference Centre in Queensway. Government, financial, and business leaders were present to explore ways of revitalizing entrepreneurship in Hong Kong. Business School Recognizes Excellence in Induction Ceremony The Faculty of Business Administration held the Fourth Induction Ceremony of the CUHK Chapter of Beta Gamma Sigma and the first presentation ceremony of the Outstanding Teacher Award on 16th March 2003 at the Hong Kong Convention and Exhibition Centre. Two prominent business leaders, Mr. Wong Kam-shing and Mr. Gabriel Yu, were presented the Chapter Honouree Award on the occasion, and 94 graduate and undergraduate students were inducted into Beta Gamma Sigma membership in recognition of their achievements in business. Mr. Wong Kam-shing (right) receiving the award from Prof. Lee Tien-sheng, dean of the Faculty of Business Administration Mr. Wong Kam-shing, managing director of Kowloon Watch Company, has provided va l uab le i n t e r nsh ip oppo r t un i t i es to undergraduate business students at the University. Mr. Gabriel Yu, founder and chairman of iTVentures Ltd., has donated scholarships to the University's MBA students and supported student activities since 1988. Beta Gamma Sigma was founded in 1913 in the US to honour academic achievement in business and has a current membership of over 460,000 worldwide. Its membership is a lifetime recognition. The CUHK Chapter established in 2000 is the first chapter outside North America. Outstanding Performance of Engineering Students Big W i n n e r at M i c r o s o ft Compe t i t i on Students from the Department of Computer Science and Engineering won all the major prizes in Microsoft's Web Services Xcellence Award Competition 2002, including HK$190,000 in cash and research trips to Beijing. The award ceremony was held on 24th October 2002. CUHK winners posing with some of the organizers The competition was organizedby Microsoft Hong Kong with IT leaders from the government and the Hong Kong Computer Society (HKCS) to encourage university students and professional developers to create cutting-edge web services on the Microsoft .NET platform. The CUHK team won two major prizes in the student category: the Best .NET Application News in Brief 39