Commitment, capability and collaboration for the long haul

Professor Annie Koh, SMU Vice President of Business Development, V3 Group Professor of Family Entrepreneurship and Academic Director of SMU’s Business Families Institute (BFI@SMU) delivered the inaugural V3 Group Professorship in Family Entrepreneurship Lecture on ‘Innovation in Singapore-based Family-owned Enterprises’, where she presented insights gathered from a recent study conducted by BFI@SMU. The six-month study entitled "Innovation in Singapore-based Family-owned Enterprises" had examined Singapore-based family firms’ attitude and approach towards innovation as they go through various stages of their growth life-cycles. She also moderated a panel discussion that involved several successful business owners who shared their views on how their own family businesses embark on the innovation journey. At the same event, BFI@SMU also announced a new research partnership with Bangkok University through a Memorandum of Understanding signed between Prof Koh and Associate Professor Dr Veerapong Malai, Vice President for Innovation and Creative Entrepreneurship Development of Bangkok University. Under the agreement, Bangkok University will collaborate with SMU to collect data to uncover insights into innovation in Thailand-based family-owned enterprises. The findings of this study are expected to be ready by the end of 2020.