Alberto MOEL
Prof. Alberto MOEL
金融学
Professor of Practice

3917 1631

KK 727

Academic & Professional Qualification
  • ScD in Electrical Engineering, Massachusetts Institute of Technology, 1993
  • MBA, Harvard Business School, 1996
  • MS in Electrical Engineering, Massachusetts Institute of Technology, 1988
  • BS in Electrical Engineering, Massachusetts Institute of Technology, 1986
Biography

Currently, Professor of Practice in Finance at the University of Hong Kong.

Concurrently, Vice President at Symbotic, Inc.  Previously, VP, Partnerships and Strategy at Veo Robotics, making industrial robots collaborative (acquired by Symbotic, Inc.)   Before that, Senior Research Analyst at Sanford C. Bernstein in Hong Kong, covering Asian high technology companies in the automation and robotics, manufacturing technology, display, and PC OEM sectors; and Principal in the Hong Kong office and co-leader of the Tokyo office of Monitor Group.

In addition, Professor and Lecturer at the Hong Kong University of Science and Technology and at Harvard Business School, co-founded a successful Brazilian hedge fund, and worked at JP Morgan (New York and Mexico City), Toshiba Corporation in Japan, and IBM Corporation in New York, Cambridge, and Zurich.

Teaching
  • FINA 1310 Corporate Finance
Research Interest
  • Entrepreneurship
  • Venture Capital
Selected Publications

Authored or co-authored over 600 company reports and research notes on Asian IT hardware (displays, display glass, automation and robotics, PCs, and electronics manufacturing), and was main author or co-author on 30 Bernstein Blackbook in-depth analyses aimed at professional investment managers.  Also authored or co-authored 16 Harvard Business School cases in finance.

  • “Czech mate: Expropriation and investor protection in a converging world”, (with Mihir Desai), 2008.  Review of Finance 12, p. 221-251.  Third-place winner, ECGI Corporate Governance Competition, 2005.  Abstracted in Beyond Transition (15:1), World Bank, Oct/Nov/Dec 2004.
  • “The role of expectations in explaining the cross-section of stock returns”, (with Tom Copeland and Aaron Dolgoff), 2004.  Review of Accounting Studies 9, p. 149-188.
  • “Selling company shares to reluctant employees: France Telecom’s experience”, (with Francois Degeorge, Dirk Jenter and Peter Tufano), 2004.  Journal of Financial Economics 71, p. 169-202.
  • “When are real options exercised?  An empirical study of mine closings”, (with Peter Tufano), 2002, Review of Financial Studies 15, p. 35-64.
Recent Publications
了解香港初创企业生态圈:框架与未来方向

初创企业往往是创新、就业和经济增长的驱动力。随着香港正重新思考其创新及科技发展策略,我们需要从一个注重质量的企业层面微观经济角度来构建香港初创企业生态圈的发展路径。在第五章中,Alberto Moel教授探讨了生态圈结构与初创企业生命周期的关系,发现初创生态圈在中途的「存亡谷」阶段最为薄弱,这也是初创企业最需要支持的阶段。由于在香港,科技创业仍然知之甚少,研究亦往往与业界需求脱节,以致难以衍生出成熟的产品和市场。此外,本地商学院与早期研发工作之间缺乏互动和融合,现有的加速器和孵化器计划亦未能提供有利于长期增长的工具。