SUSTech, HEC Paris establish Joint Institute for Global Management and Entrepreneurship
Chris Edwards, Xia Yingying | 03/25/2020

Following two years of close exchanges and active preparations, Southern University of Science and Technology (SUSTech) and HEC Paris have achieved a new milestone in their collaborative relationship by establishing the “SUSTech-HEC Paris Institute for Global Management and Entrepreneurship” (SUSTech-HEC Paris Institute).

Both universities will cooperate on research into industrial and business management, education, and training of senior managers as well as innovation and entrepreneurship. SUSTech-HEC Paris Institute will contribute to the technology/innovation entrepreneurship ecosystem of the Greater Bay Area.

The establishment of the SUSTech-HEC Paris Institute on February 23rd marks a vital milestone in the two-year relationship between SUSTech and HEC Paris. It represents an alliance of SUSTech’s academic expertise in scientific and technological innovation with HEC Paris’ knowledge in economics, finance, management science, innovation, and entrepreneurship.

In the past two years, with the strong support of the Chinese and French governments, the leadership and management teams of both institutions have frequently visited to gain a deep understanding of each other. The two prestigious institutions have made the most of their outstanding disciplines and resources to prepare the establishment of a joint institute.

SUSTech-HEC Paris Institute will integrate both knowledge bases and partner network to focus on the needs of international innovation and entrepreneurship platforms. It will also seek to cultivate managerial professionals for cutting-edge technology-centric industries for the industrial transformation of the Greater Bay Area.

SUSTech-HEC Paris Institute will study Shenzhen and the Greater Bay Area as it develops Sino-French maker spaces, offering executive development programs (EDP). It will provide training and talent exchanges for international management professionals to accelerate Shenzhen’s industrial transformation while upgrading the local entrepreneurial and innovation ecology of Shenzhen. SUSTech-HEC Paris Institute will also support major national strategies, such as the construction of a pioneering demonstration zone in Shenzhen.

Milestones:

On June 22nd, 2018, the two institutions signed a strategic cooperation agreement witnessed by the French Prime Minister Edouard Philippe and Shenzhen vice mayor Min Huang. This officially marked the commencement of cooperation and exchanges between the two institutions.

On June 22nd, 2018, French Prime Minister Edouard Philippe and Vice Mayor of Shenzhen Min Huang witnessed the SUSTech-HEC strategic cooperation agreement signing ceremony in Shenzhen.

On June 11th, 2019, SUSTech President Shiyi Chen visited HEC Paris and had discussions with Dean Peter Todd

On June 11th, 2019, Shiyi Chen and Peter Todd signed agreements on double degree program and entrepreneurs innovation and training program

Background:

HEC Paris

HEC Paris was founded in 1881 by the Paris Chamber of Commerce and Industry. It is the leading academic institution in Europe and the world and is a long-established European company. HEC Paris has flagship programs in Masters in Management, Masters of Business Administration, and Advanced Management Education. It also offers a Master of Science degree, Ph.D. education, and advanced management training. HEC Business School is the founding body of the Global Business Education Alliance (CEMS), accredited by three international authorities (EQUIS, AMBA, and AACSB). HEC Paris has consistently ranked among the best business schools in France and top business schools in Europe. HEC Paris ranks first in Europe and third in the world, second only to Harvard and Stanford in the number of alumni serving as CEOs of Fortune 500 companies. Its alumni also include leaders of government, international organizations, business, and art. In 2017, HEC Business School alumni in Paris were named the second most influential business school alumni group in the world by The Economist.

SUSTech

SUSTech is a young public university founded by the Shenzhen Municipal Government and was officially recognized by the Chinese Ministry of Education in April 2012. SUSTech aspires to be a globally-renowned university that contributes significantly to the advancement of science and technology by excelling in interdisciplinary research, nurturing creative future leaders and creating knowledge for China and the world. SUSTech comprises schools and colleges covering basic science, interdisciplinary engineering and medicine, and complemented by selected programs in management science and education enhancement courses in the humanities and social sciences. Built around the three pillars of Research, Innovation and Entrepreneurship, and propelled by its global collaboration strategies, SUSTech has rapidly grown into a prominent higher learning institution active at the scientific frontiers. It addresses the priorities of regional and national development strategies while blazing the trail for China’s higher education reform and innovation. According to the Times Higher Education World University Rankings, SUSTech ranked in the top ten among universities in mainland China for the past two years. The 2019 Academic Ranking of World Universities (Shanghai Ranking) placed SUSTech 1st in China for its quality of research (Field Weighted Citation Impact).

2020, 03-25
By Chris Edwards, Xia Yingying

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