Terence Tse
Terence Tse | |
---|---|
Alma mater | Judge Business School, University of Cambridge |
Occupation | Associate Professor of Finance |
Website | TerenceTse.com |
Terence Chee Ming Tse [謝慈銘] is an Associate Professor of Finance at the ESCP Europe Business School, as well as an advisor and commentator. Tse is an expert in the subjects of competitiveness and the economic and social affairs of the EU/Eurozone and China. He co-founded the concept of Fast-Expanding Markets and has published widely in this area. The Financial Times named Tse 'Professor of the Week’[1] for the FT lexicon in May 2013.
Background
Tse spent his childhood in Hong Kong before moving to Toronto at the age of 14 in 1986. After receiving his BA in German and Economics from the University of Western Ontario, Canada in 1995, he moved to the Saarland University, Germany, which awarded him with a Master of Economics in 1998.
Following a move to the UK, Tse gained an MA in corporate strategy and governance from the University of Nottingham in 1997, after which he received his doctorate in from the Judge Business School, University of Cambridge in 2005.
Work
Tse began his career in mergers and acquisitions at Schroders in Montréal and New York, which later became part of Citibank. Subsequently, he joined Lazard Brothers.[2] In 2005 he worked for Ernst & Young in London providing advisory to the UK financial services sector. Prior to this, he also consulted Shell International, F&C Asset Management, Alliance Boots and Alitalia, as well as a start-up in diagnostics based at the University of Cambridge. Additionally, he worked with the European Parliament in an advisory capacity. He has also worked as an advisory to Qesson, an education group.
Alongside his professorship at ESCP Europe Business School, he is also Head of Competitiveness Studies at the i7 Institute for Innovation and Competitiveness, an academic think-thank based in Paris and London. He is also faculty of the Microeconomics of Competitiveness Curriculum developed by the Institute for Strategy and Competitiveness at Harvard Business School.
Fast-expanding Markets
Fast-expanding Markets (FEM) is a concept Tse co-founded with his long-term academic partners Mark Esposito and Khaled Soufani (of the Judge Business School at the University of Cambridge).[3] It describes: “any rapidly growing opportunity in which the market is the focal point. Such a market may exist at the supranational, national, regional, industrial, cluster, sector, corporate or product levels.”[4] These markets are often pockets of excellence that are not detected or overlooked by traditional ways of searching for new opportunities.
The DRIVE Framework
Tse developed the DRIVE Framework with Mark Esposito to demonstrate how developments in global economies can be predicted and acted upon by understanding five large-scale processes:
Demographic and Social Changes, e.g. aging populations.
Resources Scarcity, e.g. access to and maintaining energy supplies.
Inequalities, i.e. increasing wage gaps.
Volatility, Scale and Complexity, such as changing business practices.
Enterprising Dynamics, or how new economies are innovative.
It is expected that, through the Framework, businesses and governments can learn to predict economic changes and have a greater impact from their decisions when dealing with them.
Publications
Competitiveness and the Eurozone Crisis
2015
- "Can Germany be Europe’s Saviour?" World Economic Forum blog (with Mark Esposito), March 13, 2015.
- "L'Allemagne, le colosse au pied d'argile", LesEchos.fr (with Mark Esposito), March 2015.
2014
- "Why we Need to Improve Social Mobility." World Economic Forum blog (with Mark Esposito), December 19, 2014.
- "Perceptionomics—How to Solve the Eurozone Crisis." World Financial Review (with Mark Esposito), May 28, 2014.
- "德國並非一般人所想像中的富強, 亞洲週刊." May 19, 2014.
2012
- "Le strade obbligate dell’Europa." Harvard Business Review Italia (with Mark Esposito), March 2012
- "Ευρωπαϊκή ανταγωνιστικότητα: οξύµωρο σχήµα." The Economist (with Mark Esposito and Πυθαγόρας Πετράτος), October 2012.
- "Η μεγάλη διαγραφή χρέους στην ΕΕ." The Economist (with Anthony Evans and Πυθαγόρας Πετράτος), March 2012.
Youth Unemployment
2014
- "Robotics and Youth Unemployment in China." CNBC.com (with Mark Esposito), September 14, 2014.
- "Youth Unemployment in China: A Crisis in the Making." CNBC.com (with Mark Esposito), February 20, 2014.
- "Youth Unemployment Could Wreck Europe’s Economic Recovery." The Guardian (with Mark Esposito), November 14, 2014.
Entrepreneurship and Innovation
2015
- "Wie 3-D-Druck die Produktion revolutioniert." Harvard Business Manager (with Von Olath Grof and Mark Esposito), January 2015.
2014
- "Arriva l’era della swarm economics." Harvard Business Review Italia (with Von Olath Grof and Mark Esposito), September 2014.
- "En mal d’innovation pour entreprendre? Adoptez la 'low tech attitude'!" Harvard Business Review France (with Mark Esposito), August 7, 2014.
Fast-Expanding Markets
2013
- "I FEM, ovverola nuova geografia dei mercati in crescita." Harvard Business Review Italia (with Mark Esposito), September 2013.
- "Dai manga giapponesi al caffè e alle vitamine italiane: è la nuova geografia dei Fem, i mercati in espansione." Ilsore24, November 16, 2013.
Crowdfunding
2014
- "Financement participatif: pour des régulations trans-frontalières en Europe." LesEchos.fr (with Mark Esposito), September 25, 2014.
- "Il Crowdfunding in Europa e in Italia: la soluzione alla mancanza di accesso al capitale oppure solo un miraggio?" Harvard Business Review Italia blog (with Mark Esposito), April 9, 2014.
Education and Recruitment
2014
- "The MBA is Losing its Magic." FT.com (with Mark Esposito), December 17, 2014.
- "HR们,招聘时请扔掉简历." Harvard Business Review China blog, 2014.
- "Business School Professor Should be like Movie Directors." Harvard Business Review blog (with Olaf Groth and Mark Esposito), May 26, 2014.
- "Academics are Disconnected from the Real World." FT.com (with Mark Esposito), May 31, 2014.
2013
- "Business education and public policy must connect." FT.com, December 15, 2013.
References
- ↑ 'Professor of the Week’', Financial Times
- ↑ Terence Tse The Huffington Post, retrieved June 1, 2015
- ↑ 'Khaled Soufani' Judge Business School, retrieved September 29, 2015
- ↑ Fast Expanding Markets European Business Review, retrieved September 5, 2015