The Center for Family Business (CFB) was established by The Asia-Pacific Institute of Business (APIB) at The Chinese University of Hong Kong (CUHK) in 2012. Before the Center was found, the Center for Entrepreneurship and the Family Business Consortium under APIB had hosted most of the relevant activities focusing on family entrepreneurship and succession since 2006. This Business School recognizes the importance of this multi-disciplinary field in the Asian context, and is instrumental in offering a full-spectrum of support to this growing field. The Center shall serve as a major driver of the family business activities in Hong Kong and in the Asia-Pacific region.
The vision of CFB is to be the leading research, education, and practice platform for business families and their advisors in the Asia-Pacific region.
Family businesses have long been dominating Asia’s corporate landscape. Although the number of family owned business is high, they are usually small and medium sized businesses and therefore tend to keep a low profile. Consequently, many people ignore or even look down upon them. Government policies can support small and medium enterprises although many of these policies are not specifically meant for family businesses. Most business schools in the world also tend to design curricular which focus on dispersed-ownership corporations rather than family-owned businesses. they strongly believe that family businesses deserve a lot more attention than what one receive.
Center has been a member of the Successful Transgenerational Entrepreneurship Practices (STEP) Project since 2007. they are also a founding member of STEP's Asia Pacific Chapter. Thanks to the dedicated support of the following family businesses, they have created a unique series of case studies and publications advancing understanding of Chinese family businesses.
The Center for International Business Studies is established to leverage on the renowned research achievements on international business of the Department of Management. It aims to strengthen the position of CUHK as the leading institution in the research and study of management and international business issues with a special emphasis on emerging economies. The Center disseminates knowledge to the academic community and industry through active publications, dialogues and generation of quality databases for conducting frontier studies with global impact. It also spearheads and conducts research projects covering a wide range of timely issues of international business which can benefit the business community as a whole.