Alberto MOEL
Prof. Alberto MOEL
金融學
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
了解香港初創企業生態圈:框架與未來方向

初創企業往往是創新、就業和經濟增長的驅動力。隨著香港正重新思考其創新及科技發展策略,我們需要從一個注重質量的企業層面微觀經濟角度來構建香港初創企業生態圈的發展路徑。在第五章中,Alberto Moel教授探討了生態圈結構與初創企業生命周期的關係,發現初創生態圈在中途的「存亡谷」階段最為薄弱,這也是初創企業最需要支持的階段。由於在香港,科技創業仍然知之甚少,研究亦往往與業界需求脫節,以致難以衍生出成熟的產品和市場。此外,本地商學院與早期研發工作之間缺乏互動和融合,現有的加速器和孵化器計劃亦未能提供有利於長期增長的工具。