Prof Xiaolan Fu Interview Focus

1. An introduction from you – background, overview, education…

2. Career highlights

3. Your recent books include China’s Path to Innovation, China’s Role in Global Economic Recovery, and The Rise of Technological Power in the South. Can you tell us a bit more about them and the role of innovation in China’s development?

4. Can you explain to us what “Innovation under the radar” is? Any examples of that in the work you have been doing in Africa?

5. Can you tell us about your work as Professor of Technology and International Development and Fellow of Green Templeton College in Oxford?

6. Can you tell us about the Technology and Management Centre for Development (TMCD), where you are the founder?

7. You have been a consultant for UNDESA, UNCTAD, UNIDO, the World Bank, OECD, European Commission, ILO, the Commonwealth Secretariat, UKTI and the Chinese government. You serve on the Advisory Expert Group of the OECD Global Investment Forum and the DFID/ESRC Economic Growth Directorate (DEGP), and you are President of the Chinese Economic Association (Europe) and CEA (UK) in 2010-11. Can you tell us about this work with global organisations and how do you see the bridge between your academic and research work and the collaboration with these organisations? Especially when it comes to open innovation, academic research and policy making?

8. Can you tell us about OxValue.ai organisations and focus?

9. OxValue.ai brings new ways to look at companies valuation. Can you elaborate on how it works and the research and AI behind it?

10. How do you see AI and Society 5.0 – 4IR and all areas of digital transformation and ESG?

11. What are your goals and how do you see the future of business, work and the main trends in tech, innovation and society? Special with Covid-19 outcomes?

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Xiaolan Fu Biography

Besides Pr. Xiaolan Fu’s position as the Founding Director of the Technology and Management Centre for Development (TMCD), University of Oxford, she was appointed by the Secretary-General of the United Nations to the Ten-Member High Level Advisory Group of the UN Technology Facilitation Mechanism and to the Governing Council of the UN’s Technology Bank for Least Developed Countries. Professor Fu is also a member of the UN SDSN Leadership Council led by Jeffrey Sachs and a member of the Council for Global Economic Transformation co-chaired by Joseph Stiglitz and Michael Spence. She is the 2019 winner of the CFA Asia-Pacific Research Exchange Award (CFA Insitute), the 2018 winner of the Best Journal Paper of the Year Award (European Academy of International Business), and the 2017 winner of the Best Paper Award (European Association of Management (EURAM) Innovation Strategic Interest Group).

Her research interests include innovation, technology and industrialisation; trade, foreign direct investment and economic development; emerging Asian economies; innovation and productivity in the UK/US. Currently, Prof. Xiaolan Fu is focused on innovation collaboration, digital technologies and inclusive development, knowledge transfer within and between organisations, and green innovation policy.

She has published extensively in leading international journals independently or in collaboration with others. Her recent books include Innovation under the Radar (forthcoming), China’s Path to Innovation, China’s Role in Global Economic Recovery and The Rise of Technological Power in the South. She is Editor-in-Chief of the Journal of Chinese Economic and Business Studies, and serves on the editorial boards of Industrial and Corporate Change, International Journal of Technology Management, and four other international journals.

Professor Fu has received large research grants from funding bodies that include the European Commission, ESRC, EPSRC, British Academy, DFID, and the Cairncross Foundation. She also received the European Commission EFMD Gate2Growth 2005 ‘European Best Paper’ Award, Emerald Literati Network Awards for Excellence 2012 Outstanding Paper Award, and European Association of Management (EURAM) annual conference Innovation Strategic Interest Group 2017 Best Paper Award.

She has been a consultant for UNDESA, UNCTAD, UNIDO, the World Bank, the OECD, the European Commission, the ILO, the Commonwealth Secretariat, UKTI and the Chinese government. Professor Fu serves on the Advisory Expert Group of the OECD Global Investment Forum and the DFID/ESRC Economic Growth Directorate (DEGP), and was President of the Chinese Economic Association (Europe) and CEA (UK) in 2010-11. She currently serves on the Management Committee of the Oxford University China Centre. She is also a Senior Research Associate at the University of Cambridge and University of Tsinghua, and a Visiting Professor at Fudan University. As a leading China expert, she has participated in various media interviews and panel discussions including for the BBC, Sky News, CCTV, CGTN, People’s Daily, and China Daily. In 2014 she was invited to address the UN General Assembly on ‘Science, technology and innovation in developing countries’.

Professor Fu came to Oxford from Cambridge University, where she was a Senior Research Fellow. Before coming to the UK, she had five years’ work experience in the business sector in China before embarking on her academic career.

About OxValue.AI

As the Chair of the Board of OxValue.AI, Professor Fu is supervising this initiative. OxValue.AI is a venture with the objective of a social enterprise that uses a multi-faceted business model to ensure its financial sustainability while achieving its core goals of enabling technology transfer to developing countries and funding research within the Technology and Management Centre for Development (TMCD) at the Department for International Development, University of Oxford (ODID).

OxValue.AI is designed to commercialise the VEST (Valuation of Early Stage Technology) Valuation Tool, which leverages a number of variables including patent data, initially in Information and Communication Technology (ICT) companies. VEST is a useful new approach to the appraisal of technology and an important guide for decision-making in technology investment, transfer and commercialisation​. OxValue.AI offers the following services, including

International Organisations within the UN, EU, World Bank, etc. involved in technology transfer – for valuing and budgeting technology investments and assistance; National Governments – for improved and comprehensive GDP accounting; Global Corporations – for mergers and acquisitions; Financial Services Institutions such as Venture Capital (VC), Private Equity (PE) and Investment Banks (IB) – for funding evaluation.

Recognition

Academic awards and Honours

∗ Winner, Asia-Pacific Research Exchange Award, 2020

∗ Governing Council, Technology Bank for LDCs, United Nations, 2016-

∗ Leadership Council, Sustainable Development Solutions Network, United Nations, 2016-

∗ 10-Member Group, Technology Facilitation Mechanism, United Nations, 2015-

∗ European Association of Management (EURAM) Innovation SIG, 2017, Best Paper Award

∗ Emerald Literati Network Awards for Excellence 2012, Outstanding Paper Award.

∗ European Commission, EFMD Gate2Growth Academic Network, 2005 ‘European Best Paper Award’.

∗ Oxford University Teaching Excellence Award, 2011.

∗ Member of Advisory Committee, DFID/ESRC Growth Programme Directorate (DEGRP)

∗ Member of Expert Advisory Board, OECD Global Investment Forum

∗ President: Chinese Economic Association, CEA(Europe) and CEA(UK), 2010-11.

∗ Fellow in Innovation & Entrepreneurship, Judge Business School, Cambridge University, 2006-

∗ Pierce Visiting Scholar (by invitation), Emory University, USA. 2012-13

∗ Editor-in-Chief: Journal of Chinese Economic and Business Studies 2013

Current Research

∗ MNEmerge project: MNEs and global development

∗ Valuation of early-stage technology

∗ Understanding innovation in low-income country

∗ Diffusion of innovation in low-incomes country

∗ The Role of Internationalisation on Technological Capability-Upgrading in Developing Countries

Prof Xiaolan Fu Links & Sources

https://www.qeh.ox.ac.uk/people/xiaolan-fu

https://www.chinacentre.ox.ac.uk/professor-xiaolan-fu/

https://en.wikipedia.org/wiki/Xiaolan_Fu

https://www.oxfordtmcd.org/

https://www.oxvalue.ai/

https://www.oxvalue.ai/team

https://www.intelligenthq.com/a-groundbreaking-tech-valuation-tool-oxvalue-ai-harnesses-the-power-of-data-to-determine-the-worth-of-a-technology-with-unparalleled-precision/

https://www.citiesabc.com/university-oxfords-tmcd-openbusinesscouncil-co-organize-international-investment-innovation-forum-june-25/

https://www.oxfordtmcd.org/person/professor-xiaolan-fu

https://www.linkedin.com/in/xiaolan-fu-775b5358/

https://www.researchgate.net/profile/Xiaolan-Fu

https://council.science/profile/xiaolan-fu/

https://www.cbr.cam.ac.uk/people/research-associates/xiaolan-fu/

https://www.lancaster.ac.uk/lums/about-us/alumni/alumni-profiles/141146

https://books.google.co.uk/books/about/Innovation_Under_the_Radar.html?id=NhIMEAAAQBAJ&source=kp_book_description&redir_esc=y

https://www.cambridge.org/core/books/innovation-under-the-radar/1FBBE6CC1F6EDB8D66E0D82C357E9039

https://www.oxfordtmcd.org/event/book-launch-event-innovation-under-radar-nature-and-sources-innovation-africa

https://www.semanticscholar.org/paper/Innovation-under-the-Radar%3A-The-Nature-and-Sources-Fu/cb9265b5bd04cb65112c076df610694c3527b9d4

http://centaur.reading.ac.uk/94685/

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post Prof Xiaolan Fu, Director of the Technology and Management Centre for Development TMCD – University of Oxford, Founder OxValue.AI appeared first on OpenBusinessCouncil Directory.

OxValue.AI, a big data based company, originated from groundbreaking research from the Technology and Management Centre for Development (TMCD),  in University of Oxford, will offer a novel way of determining the monetary value of a technology (pre or post patent grant) to fill a significant gap in existing methods, and potentially creating a decision-making tool for investors.

A variety of methods are currently used to work out what new technologies are worth, from simple financial formulas to highly complex techniques. However, the existing methods have significant drawbacks: they are either subject to assumptions of future income, or rely on subjective assessments, or based on past investment and do not reflect the value of creativity and novelty, or are purely theoretical and cannot be used in practice. This means they tend to have poor predictive power.

OxValue.AI will launch and pioneer a new approach drawing on significant quantities of data. OxValue.AI is designed to commercialise the VEST (Valuation of Early-Stage Technology) Tool, which leverages big data of startup companies and patents, initially in the Information and Communication Technology (ICT) industry. The VEST tool is also an algorithm that can estimate the monetary value of a technology (pre or post patent grant).

VEST was developed in a research project led by Professor Xiaolan Fu – Professor of Technology and International Development, University of Oxford and Chair of OxValue.AI. The researchers created a database that matched all UK start-ups – defined as being less than five years old between 2006 and 2015 – with records of patents granted in the relevant technology fields by the world’s major patent grant offices during the same time period.

The OxValue.AI will provide the service to value technology companies based on how the characteristics of the patents, the characteristics of the companies themselves, and the market into which the technology was introduced explained variability in their ultimate value. The model was able to explain around 85% of the variations in the value of technologies owned by the start-ups in the database and will now be used to support companies in doing their own evaluations. The founding members including Professor Xiaolan Fu, the director of the TMCD, as the Chair of the Board, Professor Diego Sánchez-Ancochea, Head of Oxford Department of International Development, and Board Member of the company, and Professor Yu Xiong, Associate Dean International at University of Surrey, and Managing Director for the company.

‘The model has already proven itself to have a highly accurate predictive power, especially for technologies at an early stage of commercialisation,’ said Professor Fu, Chair of OxValue.AI. ‘It also uses completely objective data, which is a significant improvement on existing methods.’

The International Investment and Innovation Forum

OxValue.AI will be launched during the International Investment and Innovation Forum taking place via Zoom on Friday 25th June 2021 in partnership with openbusinesscouncil.org. The forum and launch will be run in partnership with the Technology and Management Centre for Development (TMCD) at the Department for International Development, University of Oxford (ODID), and the fast-growing open business platform openbusinesscouncil.org, a Leading Global Digital Business Directory Certification and Marketplace platform. Created by a team of global thought and business leaders with more than 20 years of experience working with governments, business networks, tech ecosystems, universities, we offer a business directory submission and digital blockchain AI certificate for businesses and professionals.

Notable speakers to address this event will include Prof. Xiaolan Fu, Director of TMCD at  Oxford University; Prof Diego Sanchez Ancorchea, Head of ODID at Oxford University; The Pro Vice Chancellor of Oxford University; Lord Tim Clement Jones, Co-Chair of the All Party Parliamentary Group on Artificial Intelligence; Sacha Wunsch-Vincent, Head of Economics and Statistics Division, WIPO; Co-Editor, Global Innovation Index; Eugene Qian, Chairman of UBS Securities; Dr. Junmin Kong, CEO of IPRUN; Vernon Sankey, Director Board Of Directors, Atos SE and Chris Fellingham, Oxford University Innovation and Mr Dinis Guarda, the Chairman of Open Business Council. Government representatives like Mr. Shabbir Ali Qureshi – Minister of State for Housing and Works, Pakistan and Ms Dzuleira Abu Bakar – Group CEO at Technology Park Malaysia Corporation, will also attend to the event as speakers.

openbusinesscouncil is pound to co-organize the launch event.

Details of the event can be found below:

Date: 25/06/2021
Time: 11:00 am-1pm (GMT+1, London)

To register for the event, please visit:

https://www.eventbrite.co.uk/e/international-investment-and-innovation-forumand-launch-of-oxvalueai-tickets-158376679913

To watch the broadcast on Youtube, please visit:

For more information about the technology and this event:

About OxValue.ai

About TMCD Technology Management Center For Development

About ODID Oxford Department for International Development

About openbusinesscouncil

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post A Groundbreaking Tech Valuation Tool: Oxvalue.Ai Harnesses The Power Of Data To Determine The Worth Of A Technology With Unparalleled Precision appeared first on OpenBusinessCouncil Directory.

Due to be held online on 25 June, the International Investment Innovation Forum has long played host to such groundbreaking technological advances and provided them with concrete financial support, from guest investors to incubators. Taking place at the end of the month, the Forum will bring together a rich ecosystem of thought leaders, tech innovators and business magnates.

The opening session will be presided over by Professor Xiaolan Fu, Director of TMCD, and feature high-profile speakers: Professor Chas Bountra, Pro Vice Chancellor for Innovation at the University of Oxford; Lord Tim Clement Jones, Co-Chair of All Party Parliamentary Group on Artificial Intelligence; Dr Eugene Quian, Chairman of UBS Securities; and Dr Sacha Wunsch-Vincent, Head of the Economics and Statistics Division at the World Intellectual Property Organisation (WIPO) and Co-Editor of the Global Innovation Index.

The keynote session, chaired by Professor Diego Sanchez Ancorchea, Head of ODID. Keynote speakers include Mr Dinis Guarda, Chairman of Open Business Council; Dr Junmin Kong, CEO of Ciprun; and Sonia Kabir, Founder of SBK Foundation and Ignite Fund. The Forum will end with a talk from Chris Fellingham, Licensing & Ventures Manager at Oxford University Innovation.

Other speakers that will take part in the forum include Vernon Sankey, Director Board Of Directors, Atos SE and top government officials like Mr. Shabbir Ali Qureshi – Minister of State for Housing and Works, Pakistan and Ms Dzuleira Abu Bakar – Group CEO at Technology Park Malaysia Corporation.

The Forum will also host the launch of OxValue.AI, a spin out social enterprise from the University offering a new way to determine the monetary value of a technology pre or post patent grant. OxValue.AI aims to facilitate the transfer of technology to developing countries as well as fund research within TMCD (Oxford). Professor Xiaolon Fu will introduce OxValue.AI while Professor Yu Xiong, Associate Dean International at Surrey University, presides over the launch and MoU signing.

As one of the fastest-growing digital business directory certifications and marketplaces, OBC coordinates global thought and business leaders with over twenty years of experience working with governments, business networks, tech ecosystems and universities, offering a business directory submission and digital blockchain AI certificate for both professionals and corporations. Joining forces with the the TMCD centre of University of Oxford will create an unparalleled database of intelligence, knowledge and savoir faire regarding AI and its practical applications in financial scenarios such as funding, accounting and valuation.

Details of the event can be found below

Date: 25/06/2021
Time: 11:00 am-1pm (GMT+1, London)

Register for this event for free 

https://www.eventbrite.co.uk/e/international-investment-and-innovation-forumand-launch-of-oxvalueai-tickets-158376679913

To watch the broadcast on Youtube, please visit:

https://youtu.be/cEfNsba9X9A

For more information about this event

About OxValue.ai

About TMCD Technology Management Center For Development

About ODID Oxford Department for International Development

About openbusinesscouncil

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post University Of Oxford’s TMCD And openbusinesscouncil To Co-Organize The International Investment and Innovation Forum On June, 25 appeared first on OpenBusinessCouncil Directory.