[Maeil Business News] 'Good Professor, Good Lecture'
- SKKGSB
- Hit7779
- 2019-10-07
Maeil Business Newspaper 'Good Professor, Good Lecture'
Prof. Kim Claes at SKK GSB Sungkyunkwan University
Last May, a five-day intensive Blockchain class was given at SKK GSB. During this unique experience, students also met six key industry leaders among which the investment manager of Unblock (the blockchain subsidiary of Naver Line), the co-founder of Proof Suite (blockchain-based asset management platform), an anchor for CNBC's cryptocurrency channel, and a lawyer specialized in international transactions. The speakers delivered heated lectures on blockchain, focusing on the latest technologies and practical business applications. Students also engaged in group discussions with them about what Blockchain could contribute strategically to business and society.
This blockchain course provided students with a clear understanding of the key concepts, economic principles, and basic technological aspects underlying cryptocurrencies and blockchain. This enabled them to understand both current and future blockchain related topics of importance for their career and organization(s), as well as some of the possibilities and limitations of the technology. During this course students were particularly pushed to think in a systematic fashion about how to take advantage of blockchain technologies for their organization, how these could contribute to the organization’s competitive advantage or value proposition. Students also had to opportunity to analyze the disruptive aspect of the technology for certain industries given how blockchain fundamentally challenges established notions of trust, efficiency, organizing, and autonomy."Through this lecture, I wanted to create an opportunity for students not only to understand blockchain technology but also to think about and see some of its uses and applications. This was necessary given the current (and hopefully future) growth in blockchain related businesses,” Prof. Kim Claes said. "We definitely recommend this course to students interested in entrepreneurship, consulting, strategy, venture capital and private equity and who want to know how blockchain might be changing industries."
Indonesian student Galih R., Full-Time MBA student – Class of 2021, said "I got to enjoy hands on experience from the professor not only about blockchain but also about the cryptographic principles underlying the technology. Also, the real-world examples and business insights from industry experts benefited me greatly, not only by giving me deeper knowledge but also by providing some network in the industry”. He gave it a thumbs-up by calling it "the best lecture, only available at top MBA schools."
Dr. Claes joined SKK Graduate School of Business as a Professor of Management in 2015. His research focuses on the social construction of prices and sustenance of markets in industries such as Blockchain, emerging markets Venture Capital, or the luxury watch manufacturing and fashion industries. Dr. Claes’ papers have won several academic recognitions, including the SMS Best Conference Paper Award nominee, the AOM OMT Entrepreneurship Best Paper Award nominee, and the JIMH Omega Best Paper Award. His work has been published in top tier journals in management and was also presented at many academic and business meetings around the world as well as covered by various media including the Financial Times, Harvard Business Review and the Gulf Times. Dr. Claes teaches competitive strategy, blockchain technologies, group decision making, and power and politics to and full time and professional MBAs and undergrads.
He received a Ph.D. in management from INSEAD, a master's degree in actuarial sciences and a bachelor's degree in theoretical physics from the Université Libre de Bruxelles and has worked in capital markets for several years before starting his Ph.D. In July, his paper “Does Social Similarity Pay Off? Homophily and Venture Capitalists’ Deal Valuation, Downside Risk Protection and Financial Returns in India” was just accepted by Organization Science, a top tier academic journal in the field.
Link to the original article(Korean): https://www.mk.co.kr/news/special-edition/view/2019/09/762983/