J. Christopher Westland

I am currently Professor in the Department of Information & Decision Sciences at the University of Illinois – Chicago. I have a BA in Statistics and an MBA in Accounting from Indiana University and received my PhD in Computers and Information Systems from the University of Michigan. I have professional experience in the US as a certified public accountant and as a consultant in technology law in the US, Europe, Latin America and Asia.  I am the author of numerous academic papers and of seven books:  Global Electronic Commerce (MIT Press 2000); Global Innovation Management (Palgrave Macmillan 2nd ed 2017); Red Wired: China’s Internet Revolution (Marshall Cavendish, 2010); Structural Equation Modeling (Springer 2015);Financial Dynamics (Wiley 2003); Valuing Technology (Wiley 2002) and Statistical Auditing with R (forthcoming 2018).   I am the Editor-in-Chief of Electronic Commerce Research (Springer) and have served on editorial boards of several other information technology journals including Management Science, ISR, ECRA, IJEC, and others. I have served on the faculties at the University of Michigan, University of Southern California, Hong Kong University of Science and Technology, Tsinghua University, University of Science and Technology of China, Harbin Institute of Technology and other academic institutions. In 2012 I received High-Level Foreign Expert status in China under the 1000-Talents Plan and am currently Overseas Chair Professor at Beihang University. I have advised on patent, valuation and technology strategy for numerous technology firms.

Contact:

James Christopher “Chris” Westland, PhD, CPA
Professor , Department of Information & Decision Sciences
Room 2400, University Hall, University of Illinois – Chicago
601 S. Morgan Street, Chicago, IL 60607-7124
Mobile: (312) 860-0587 email: westland@uic.edu

Teaching

New Course on Software Coding for Cryptocurrencies

There are more than 1300 cryptocurrencies listed in the CoinMarketCap database, with new types arriving continually through Internet Coin Offerings.  Blockchain technology is the enabler of Bitcoin and of many other currencies, though not all.  This course will teach you to write software to code your own blockchain and fully understand how it works, its limitations and potential improvements to the technology originally described in Satoshi Nakamoto’s Bitcoin Manifesto (https://bitcoin.org/bitcoin.pdf ).  You will additionally learn cryptocurrency market analysis using transaction data available on services such as Yahoo Finance and Bitstamp; create visualizations of the daily Bitcoin exchange rate using data sourced from localBTC and the Quandl APIs; and analyze real-time cryptocurrency prices, trades, volumes, mining profitability, Ripple TXP settlements and more using CryptoCompare’s API.  “If you can code it, you certainly understand it”!

Innovation Strategy & Technology Entrepreneurship (IDS 518 / MGMT 518)

Entrepreneurship, innovation and new venture management have become the major drivers of wealth and economic growth in the 21st century.  Innovation – both the word, and its practice – have grown pervasive throughout industry, with the business press devoting cover stories and page after page of prose to the latest innovations destined to change our lives and enrich their inventors. CEOs, in speech after speech, invoke the mantra of innovation to justify their strategy.   New courses in marketing, strategy, finance and other functional areas in business schools have emerged that are devoted to explaining the role of innovation.   This course provides the student with a survey and case studies of successful innovations, their components, strategies and financial structure.   The course combines entrepreneurial, strategic, marketing, legal, societal and financial themes in support of innovative businesses and products.   Students who intend to start up their own businesses and those planning on extending the product lines of established firms will benefit from the material in this class. The course addresses the design of effective strategies given particular technological capabilities and competitive markets; and provides tools for the financial analysis that are essential for obtaining venture capital.

Audit Analytics (IDS 523)

Information technology plays a pivotal role in financial control and audit: most if not all financial data is now digitally recorded, and dispersed among servers, clouds and networks of computers over which the audited firm has no control.  Additionally, firm data – particularly in finance, software, insurance and biotech firms – comprises most of the audited value of the firm.   Financial audits are critical mechanisms ensuring the integrity of information systems and the reporting of organizational finances.  They help avoid the abuses that led to passage of legislation such as the Foreign Corrupt Practices Act, and the Sarbanes-Oxley Act.  Unfortunately, audit effectiveness has rapidly declined over the past two decades as auditor skillsets have failed to keep up with advances in information technology.  Information and communications technology lie at the core of commerce today, and are integrated in business processes around the world.  This course is designed to meet the increasing need of audit professionals to understand information technology and the controls required to manage it.  This course is designed to meet the increasing need of audit professionals to understand information technology in a world where paper as either an archive or display medium has ceased to exist.

Electronic Markets (IDS542 / MGMT 582)

The competitive landscape in e-business has changed dramatically over the past decade.  New technologies and marketing channels have pushed competition into realms that are both incredibly complex, and incredibly profitable – more than any time in the past.  Rates of return on successful Internet startups average over 50%, compared to those of traditional business that average in the range of 15%.  Improved profits come with elevated risk – business and technological – that confront investors and managers with new challenges.  Even when Internet marketing is successful, it may be difficult to figure out exactly why.   This course provides the student with a survey and case studies of successful Internet marketing models, their components, strategies and financial structure.  Students who intend to develop their own Internet businesses and those planning on extending the Internet marketing of established firms will benefit from the material in this class.  The course addresses the design of effective strategies given particular technological capabilities and competitive markets; and provides tools for the financial analysis that are essential for obtaining venture capital.

 

Vita

Professor, Department of Information & Decision Sciences

University of Illinois, 601 S. Morgan Street, Chicago, IL 60607-7124

USA +1.312.860.0587                   China +86.182.1088.7352

URL http://uic.edu/~westland      email westland@uic.edu

Education

  • Ph.D., Computers & Information Systems, University of Michigan, 1987
  • MBA, Accounting, Indiana University, 1973
  • BA, Mathematics (Physics & Chemistry minors), Indiana University, 1971
  • Languages: English, Mandarin Chinese

Certifications and Organizations

  1. Certified Public Accountant (Illinois License 065.035982)
  2. Illinois CPA Society
  3. Beta Gamma Sigma (Business Honorary Society)
  4. Mensa International; American Mensa

Career History

  1. Professor, IDS, University of Illinois – Chicago, 2007-present
  2. High-level Foreign Expert, P.R.China (under 1000-Talents Plan) Beihang University (Project 985 University, in Key Lab for Complex Decision making), 2012-2017
  3. Adjunct Professor, XiDian University, Xian, P.R.China, 2017-present
  4. Adjunct Professor, Shanghai University, Shanghai, P.R.China, 2019
  5. Adjunct Professor, University of Science and Technology of China, Hefei, P.R.China (C9 League University), 2013-2016
  6. Adjunct Professor, Key Center for e-Health, Harbin Institute of Technology, Harbin, P.R.China (C9 League University), 2011-present
  7. Adjunct Professor, Key Lab of Financial Intelligence and Financial Engineering (FIFE) at SWUFE (Project 985), Chengdu, P.R.China, 2007-Present
  8. Head, IDS, University of Illinois – Chicago, 2000-2007
  9. Professor, Information and Systems Management (Adjunct Professor in 2008-9), HK University of Science & Technology, 1995-2007 Visiting Professor (on Sabbatical Leave from HKUST) Tsinghua University, Beijing, 2002-2003
  10. Visiting Professor (on Sabbatical Leave from HKUST), Nanyang Technological University, Singapore, 2002
  11. Associate Professor with Tenure, Information and Operations Management, Marshall School, University of Southern California, 1994-1996
  12. Assistant Professor, IOM, Marshall School, University of Southern California, 1985-1988
  13. Assistant Professor, Accounting, Eastern Michigan University, 1986-1987
  14. PhD Student, Computers and Information Systems, University of Michigan, 1981-1987
  15. Database Admin & Security Manager, Rockwell International, Electronic Operations, 1977-1981
  16. IS Audit Manager, Republic Life, Dallas, 1976-1977
  17. Accounts Payable / Payroll Manager, Federated Department Stores, Dallas, 1975-1976
  18. Auditor, IS Consultant, Touche Ross, Chicago, 1973-1975

Recent Activities

  1. Discussant: Panel on Blockchain Research Opportunities for IS researchers, ICIS pre-workshop expert panel, , San Francisco, Dec 12
  2. Presentation: Neural Network Prediction of Demand Cycles for Bicycle Sharing and Load Balancing, Pre – ICIS workshop (SIG – AIAA), San Francisco, Dec 14
  3. Session Chair: WeB2018; Cross-border electronic commerce, San Francisco, Dec 12
  4. Keynote speech, Wuhan International Conference on E-business will be held at Wuhan on May 26 2018
  5. Keynote speech, International Conference of Applications and Techniques in Cyber Intelligence July 12, 2018
  6. China Summer Workshop on Information Management 2018, Qingdao University, Qingdao, June 23 – 24, 2018
  7. Research Presentation, Hebei University of Technology, June 20-22
  8. Research Presentation / PhD Seminar, Tsinghua University, June 26-30
  9. Research Presentation, Xidian University, May 21, 2018
  10. Research Presentation, Jilin University of Finance and Economics, June 19 2018
  11. Research Presentation, Shanghai University, July 4 2018
  12. Research Presentation, Harbin Institute of Technology, May 16 2018
  13. Research Presentation,Zhejiang Institute of Science and Technology, June 29-july 3
  14. Research Presentation, Convolutional Neural Network Deep‐Learning Models for Prediction of Shared Bicycle Demand Chris Westland (University of Illinois-Chicago), J. Mou, D. Yin) Discussant Yong Xia (Virginia Tech), WeB2018
  15. Keynote Speech, ICIM 2017, Taipei, Taiwan, May 12, 2017
  16. High-Level Foreign Expert Award (3 years), 1000-Talents Plan, SAFEA, Beijing, PRC; sponsoring university: Beijing University of Aeronautics and Astronautics
  17. Professor Says Divorce Insurance Possible, by Timothy Kirn, Insurance Journal, December 11, 2009, http://www.insurancejournal.com/news/national/2009/12/11/105912.htm
  18. Turning instant messaging into a gold mine (Editor’s Choice) , Global Times [13:04 June 15 2009], with S. So (http://business.globaltimes.cn/industries/2009-06/437042.html)
  19. Sina’s Sino-news formula made it number one, Global Times, 20 Monday May 25, 2009, with S. So (http://business.globaltimes.cn/industries/)
  20. Google’s China odyssey (Editor’s Choice), The Global Times [14:01 June 08 2009] with S. So (http://business.globaltimes.cn/editor-picks/2009-06/435364.html)
  21. Cold Wars and Search Wars, MIS-Asia (China’s Internet 36 March 2009 MISASIA) http://mis-asia.com/opinion__and__blogs/bloggers/healthcare-and-the-coming-informatics-revolution-part-1/comment
  22. Shanda: The art of getting paid, Global Times (Editor’s Choice), [18:39 June 22 2009] http://business.globaltimes.cn/editor-picks/2009-06/438710.html

Editorial

  1. Electronic Commerce Research (Editor-in-Chief, 2013-present)
  2. Electronic Commerce Research and Applications (Editor, 2006-2014)
  3. Information and Management (2011) , Associate Editor
  4. Social Science Research Network: Information Systems & eBusiness (2004- 2014) , Board
  5. Management Science (1995-2002) , Associate Editor
  6. Information Systems Research (1996-2000) , Associate Editor
  7. Electronic Markets (2001-Present) , Associate Editor
  8. Telecommunications Systems (2003-Present) , Associate Editor
  9. International Journal of Online Marketing (2010 – present) , Associate Editor
  10. International Journal of Electronic Commerce (1996-Present) , Associate Editor
  11. Electronic Commerce Research Journal (2001-Present) , Associate Editor
  12. Journal of End User Computing (1995-present) , Associate Editor
  13. MIS Review (2009-Present) , Associate Editor
  14. International Journal of Internet & Enterprise Management (2003-Present) , Associate Editor
  15. International Journal of E-Entrepreneurship and Innovation (2011) , Associate Editor
  16. E-Marketing in Developed and Developing Countries: Emerging Practices
  17. Editor of Special Issue: ICEC 2011, ECRA
  18. Editor of Special Issue: e-Markets in China, ECRA
  19. Editor of Special Issue: Social Networks and Web 2.0, ECRA
  20. Research Grants Council, Hong Kong
  21. International Review of Management (2004-present) , Associate Editor

Books and Software

  1. Audit Analytics: Statistical Auditing with R; distributed under Creative Commons Attribution-NoDerivs (CC BY-ND) license, 2019. Text, slides, test bank, files at http://westland-cpa.com/
  2. Structural Equation Modeling: from paths to networks, Springer, 2nd edition (2019)
  3. Global Innovation Management: A Strategic Approach (2nd ed.) London: Palgrave / Macmillan 20182.
  4. Structural Equation Modeling: from paths to networks, Springer, 1st ed. (2016)
  5. Financial Auditing with Information Technology, Creder Press, ISBN-13: 978-1490448732; ISBN-10:149044873X, 2015
  6. Red Wired: China’s Internet Revolution, London: Cyan (Marshall Cavendish), 2010 (with S. So); Kindle edition, 2012
  7. Global Innovation Management: A Strategic Approach London: Palgrave / Macmillan 2008; Companion Websites at http://www.palgrave.com/business/westland/, Simplified Chinese translation by Chinese University of Science & Technology Press, Hefei, Anhui, China.
  8. Financial Dynamics: A System for Valuing Technology Companies, New York: John Wiley & Sons, June 2003 with Financial Dynamics software (versions 1 and 2)
  9. Valuing Technology: The New Science of Wealth in the Knowledge Economy, New York: John Wiley & Sons, 2002
  10. Global Electronic Commerce: Theory and Case Studies (with Ted Clark) MIT Press, 2000, additional printings 2001-2; Chinese (simplified) from Fudan U. Press Shanghai August 2000; Chinese (full stroke) from Best Wise: Taipai, August 2000; republished by Universities Press (India) Limited for distribution in India, Bangladesh, Bhutan, Nepal, Sri Lanka, the Maldives, and Pakistan, paperback English, 2008
  11. Information Technology Risk: A Guide for Accountants and Auditors, Hong Kong Society of Accountants monograph (HKICPA), 1996

Refereed Publications

  1. Demand cycles and market segmentation in bicycle sharing,JC Westland, J Mou, D Yin – Information Processing & Management, 2018
  2. Convolutional Neural Network Deep-Learning Models for Prediction of Shared Bicycle Demand, Westland, J. Christopher, Jian Mou, and Dafei Yin (book chapter) International Conference on Applications and Techniques in Cyber Security and Intelligence. Springer, Cham, 2018
  3. Introduction to the special issue on Big Data in finance and business, JC Westland – Electronic Commerce Research, 2018
  4. Methods to assess the value of new technologies: The case of consumer sentiment towards digital wallet technology.” Data-Enabled Discovery and Applications 1.1 (2017): 2.
  5. An empirical investigation of analytical procedures using mixture distributions, J Christopher Westland – Intelligent Systems in Accounting & Auditing, 2017
  6. Co-Diffusion of Mobile Operator’s OTT and SMS Messaging Services in Emerging Economies, Y Yu, JX Hao, M Zuo, S Shan, C Westland – 2016 – aisel.aisnet.org
  7. Electronic Commerce Research in seven maps (Hsu, Chien-Lung, J. Christopher Westland, and Chun-Hao Chiang) Electronic Commerce Research 15.2 (2015): 147-158.
  8. Substitutes, complements and network effects in instant messaging services (JC Westland, JX Hao, X Xiao, S Shan ) Networks and Spatial Economics 16.2 (2016): 525-543.
  9. The golden age of consumer research.” Electronic Commerce Research 15.3 (2015): 297-299.
  10. Convolutional Neural Network Deep-Learning Models for Prediction of Shared Bicycle Demand (Westland, J. Christopher, Jian Mou, and Dafei Yin. “) book chapter, International Conference on Applications and Techniques in Cyber Security and Intelligence. Springer, Cham, 2018.
  11. Transaction risk management in China-US trade e-markets. (Westland, J. Christopher, and Ye Di) Proceedings of the 14th Annual International Conference on Electronic Commerce. ACM, 2012.
  12. Introduction to the special issue on Big Data in finance and business.” Electronic Commerce Research 18.2 (2018): 201-201.
  13. Economics of eBay’s buyer protection plan.” Financial Innovation 1.1 (2015): 7.
  14. The moderating role of income on consumers’ preferences and usage for online and offline payment methods (See-To, Eric WK, Savvas Papagiannidis, and J. Christopher Westland.) Electronic Commerce Research 14.2 (2014): 189-213.
  15. The adoption of social networking technologies in cinema releases.” Information Technology and Management 13.3 (2012): 167-181.
  16. Chinese E-Commerce Introduction (Westland, J. Christopher, Guoqing Chen, and Sulin Ba) (2013): 297-298.
  17. The information content of financial survey response data.” Financial Innovation 1.1 (2015): 10
  18. Employing transaction aggregation strategy to detect credit card fraud, S Jha, M Guillen, JC Westland – Expert systems with applications, 2012 – Elsevier
  19. A descriptive study of credit card fraud pattern (Jha, Sanjeev, and J. Christopher Westland.),Global Business Review 14.3 (2013): 373-384.
  20. Employing Transaction Aggregation Strategy to Detect Credit Card Fraud Expert Systems With Applications, Expert Systems With Applications, ESWA-D-12-00805 forthcoming 2012 (w. Montserrat Guillen and Sanjeev Jha)
  21. The Adoption of Social Networking Technologies in Cinema Releases; Information Technology and Management, http://www.springerlink.com/content/g23qg84ru0p45122/ 2012
  22. Affective Technologies in Survey Research; Information Technology and Management, https://springerlink3.metapress.com/content/x52716m719127430/resource-secured/?target=fulltext.pdf&sid=jahv2wfekzeq2nn4hpdzifyx&sh=www.springerlink.com 2012
  23. Electrodermal Response in Gaming, Journal of Computer Networks and Communications, vol. 2011, Article ID 610645, 2011. doi:10.1155/2011/610645.
  24. Lower Bounds on Sample Size in Structural Equation Modeling, Electronic Commerce Research and Applications, Dec 2010, PII:S1567-4223(10)00054-2, DOI: 10.1016/j.elerap.2010.07.003 (with software downloadable from Elsevier) in Top Ten Most Downloaded papers on ECRA
  25. Divorce Insurance: Mitigating the Adjudication Period Financial Crisis, Journal of Divorce & Remarriage, 52:1–38, 2011, ISSN: 1050-2556 print/1540-4811 online, DOI: 10.1080/10502556.2011.585084 (lead article)Data Mining for Credit Card Fraud, Decision Support Systems (with Sid Battacharyya and Sanjeev Jha) 2010 DOI: 10.1016/j.dss.2010.08.008
  26. Critical mass and willingness to pay for social networks, Electronic Commerce Research and Applications, Dec 2009 (lead article, with comment by Andrew Odlyzko)
  27. Incentives for Mobile-Online Gaming with Competing Electronic Cash Services, International Journal of Electronic Business (with E.W.K. See-To), 2009
  28. Short-run Price-Performance Dynamics in Microcomputer Technologies, Research Policy (with E.W.K. See-To) volume 36, Issue 5, Pages 591-806, June 2007
  29. The IS Core-XII: Positive Research in Information Systems, in Communications of the AIS, 2004 in volume 14
  30. Why is it so difficult to put a value on technology?, The International Journal of Entrepreneurship Education (IJEE), v. 3 (2004)
  31. The Cost Behavior of Software Defects, Decision Support Systems, Volume 37, Issue 2 , May 2004, Pages 229-238
  32. What Electronic Commerce Can Learn from Securities Market Automation, in Tan, F. (ed.) Advanced Topics in Global Information Management, Idea Group, 2003 pp. 97-119
  33. Preference ordering Cash, Near Cash and Electronic Cash, Journal of Organizational Computing and Electronic Commerce, 12(3), pp. 223-242, 2002
  34. Transaction risk in electronic commerce, Decision Support Systems, (33)1 (2002) pp. 87
  35. Electronic commerce and delays in market matching, Journal of Organizational Computing and Electronic Commerce, Volume 12 Number 2, Jun 2002 , 121-132
  36. Systems Complexity and the Cost of Errors in Software Development, Journal of Systems and Software, Volume 62, Issue 1, 1 May 2002, p. 1-10 (lead article)
  37. Electronic Delivery of Convenience: A Service Innovation at the 7-Eleven Retail Chain in Hong Kong, Journal of Information Technology Cases and Applications (JITCA), 2002 (with Lange, Karl)
  38. Electronic commerce and delays in market matching, Journal of Organizational Computing and Electronic Commerce, 2001
  39. Ten Lessons that Electronic Commerce Can Learn from the Automation of Securities Exchanges, Journal of Global Information Management, Jan-Mar 2000
  40. Privatization of Electrical Networks in Chile: A Case Study to Serve as a Model for Information Networks of Today Journal of Information Technology Cases and Applications (JITCA), v. 2 (3) 2000
  41. Modeling the Incidence of Post-Release Errors in Software, Information Systems Research, September 2000
  42. Customer and Merchant Acceptance of Electronic Cash: Evidence from Mondex in Hong Kong, International Journal of Electronic Commerce, v 2(4) Summer, 1998, 5-26
  43. Impacts of Electronic Marketplaces on Product Prices: An Empirical Study of the AUCNET Case, International Journal of Electronic Commerce, Volume 4 ,Issue 2 December 1999 Pages: 45 – 60 (with H.G. Lee and S. Hong)
  44. Some Conditions for Cost Efficiency in Hypermedia, Information Processing and Management, v.34(2/3), 1998, 309-323
  45. A Comparison of Shopping Experiences in Three Competing Digital Retailing Interfaces (w/ Grace Au), International Journal of Electronic Commerce, 1998
  46. The Moscow Stock Exchange and The Shanghai Stock Exchange: Electronic Markets for Voucher Driven and State Managed Privatization of State Owned Enterprises, in Business Information Technology Management: Closing the International Divide, P. Banerjee, R. Hackney, G. Dhillon and R. Jain (eds.), Haranand , 1998
  47. Electronic Cash in Hong Kong Electronic Markets v.7(2), p. 3 (with M. Kwok, J. Shu, T. Kwok and H, Ho)
  48. Automation of China’s Securities Markets (1997) Electronic Markets v.7(2), p. 3 (with 23. S.M. So)
  49. A Rational Choice Model of Computer Network Security, Journal of Electronic Commerce, v.1(2), Winter 1996-97
  50. The COCOMO 2.0 Software Cost Estimation Model, American Programmer, Cutter Information Corp., July 1996, and reprinted in Software Management, Fifth Edition, IEEE Computer Society Press, Washington D.C., 1996(with B.Boehm, B. Clark, E. Horowitz, R. Madachy and R. Selby), 1996
  51. Cost Models for Future Software Life Cycle Processes: COCOMO 2.0, Annals of Software Engineering, Vol. 1, Software Process and Product Measurement, J.D. Arthur and S.M. Henry (eds.), J.C. Baltzer AG, Science Publishers, Amsterdam, The Netherlands, 1995, pp. 57-94 (with B. Boehm, B. Clark, E. Horowitz, R. Madachy and R. Selby)
  52. Bayesian Alternatives to Neural Computing, IEEE Transactions on Systems, Man and Cybernetics, November 1994
  53. Reporting Strategies for ‘Events’ Accounting, Journal of Information Systems, Fall 1994
  54. Business Process Reengineering at Pacific Bell, Planning Review, May/June, 28-33(with) Housel, Thomas and Christopher Morris)
  55. Congestion and Network Externalities in the Short Run Pricing of Information Systems Services, Management Science, v. 38(6) July 1992, 992-1099
  56. CASE as Negotiation: Goals for Systems Design and Management of Group Learning in an Automated Systems Design Process, Sistemica, v.1(2), 131-143 (English version) 145159 (Spanish version)
  57. Cinema Theory, Video Games, and Multimedia Production, in Multimedia Computing: Preparing for the 21Century, Reisman (ed.), Middletown, PA: Idea Group Publishing, December 1995
  58. The Marginal Analysis of Investments in Information Technology, in Strategic and Economic Impacts of Information Technology Investment: Perspectives on Organizational Growth and Competitive Advantage, Mahmood, Banker and Kauffman (eds.), Middletown, PA: Idea Group Publishing, September, 55-81
  59. Economics and Global Information Technology Education, in Global Information Technology Education: Issues and Trends, Lock (ed.), Middletown, PA: Idea Group Publishing, 419-450
  60. CASE in Business and Administrative Information Systems, in Computer-Aided Software Engineering: Issues and Trends for he 1990s and Beyond, Bergin (ed.),Middletown, PA: Idea Group Publishing, 401-427
  61. Allocated Cost Schedules to Control Equipment Usage `Bottlenecks’, in Tools and Techniques of Cost Estimating and Analysis, W.R.Greer (ed.), New York: Springer-Verlag, 65-81
  62. Economic Incentives for Database Normalization, Information Processing and Management, v. 28 (5), 647-662
  63. Problem Vectorizability and the Market for Vector Supercomputing, Information Processing and Management, v. 27(5), 499-515
  64. Collaboration and Productivity in Information Systems Research, The Information Society v.7(1), 33-50
  65. Self-Organizing Executive Information Networks, Decision Support Systems, v.8, 41-53
  66. Scaling Up Output Volumes Predicted by Information Systems Prototypes, Association for Computing Machinery/TODS, v. 15(3), 341-358
  67. Assessing the Economic Benefits of Information Systems Auditing, Information Systems Research, v.1(3), September 1990, 309-24
  68. Economic Constraints in Hypertext, Journal of the American Society for Information Science, v. 42(3),178-184
  69. Topic Specific Market Concentration in the Information Services Industry: Evidence from the DIALOG Group of Databases, The Information Society, v. 6, 127-138
  70. Parallel Renaissance in Neural Networks: A Bayesian Approach to Neural Learning, Behavioral and Brain Science, v.12, 1989,160 (with Manfred Kochen)
  71. A Net Benefits Approach to Measuring Retrieval Performance, Information Processing and Management, v.25(5), 579-581

Computer Languages

R, Keras, Tensorflow, Python, Fortran, Java, SAS, SPSS, Mathematica, HTML, C#, C++, C, VB

Executive Education

  1. Vietnam EMBA, Hanoi and HCMC, Vietnam
  2. American University of North Africa, Tunis, Tunisia
  3. New York Institute of Finance, Valuation of Technology Ventures
  4. Kellogg-HKUST, Information Technology Strategy
  5. CIEBS, Information Technology Strategy
  6. Tsinghua, Information Technology Strategy
  7. USC, Information Technology Strategy

Teaching Case Studies

  1. Electronic Delivery of Convenience: A Service Innovation at the 7-Eleven Retail Chain in Hong Kong, 2002 (with Lange, Karl)
  2. Privatization of Electrical Networks in Chile: A Case Study to Serve as a Model for Information Networks of Today, 2000
  3. The Moscow Stock Exchange, 1997
  4. The Shanghai Stock Exchange, 1997 China’s Brokerage Rooms, 1997
  5. Electronic Securities Trading at the Bolsa de Comercio de Santiago, 1994
  6. Chilgener: Pricing of Network Services, 1994
  7. Philippines Telephone & Telegraph, 1994
  8. Information Systems Security at McDonnell Douglas Aerospace Information Systems, February 1993 and videotape by same title, 1993

Consulting (selected projects)

  1. Research Corporation of University of Hawaii (Innovation strategy)
  2. Audit & Assurance Services Committee
  3. Board of Directors, MIT e-Business Center, Boston, MA, USA
  4. Business Week Board of Advisors (Asia, Finance)
  5. Forensis (expert testimony in numerous ongoing cases)
  6. Rosenfeld Hafron Shapiro & Farmer LLP (Forensic Accounting)
  7. The Emerging Markets Risk Advisory (technology risk modeling)
  8. External Examiner for MBA programs at Hong Kong University
  9. Borland (IS Governance)
  10. Singapore Manufacturers Association (technology valuation)
  11. Microsoft (Redmond WA; Dublin, Ireland; valuing technology / software cost modeling)
  12. Aerospace Corporation (software cost modeling)
  13. V-Tech (software business modeling and industrial design)
  14. Intel (Rosettanet)
  15. Motorola (mobile Internet markets)
  16. IBM (electronic commerce)
  17. Pacific Bell (software cost modeling and workflow)

Selected Trade Publications

  1. Valuing Tech, Benchmark, October 2003, Vol. 1, No. 10, p. 34-40
  2. The Internet’s Challenge to Accounting, The Hong Kong Management Accountants, Fall
  3. Cyberport is the wrong way to promote E-commerce, The Hong Kong Economic Journal, Mar 29, 1999
  4. Cyber Wet-Markets: an idea whose time has come?, The Hong Kong Economic Journal, May 3, 1999 Knowledge
  5. Workers and Hong Kong’s E-commerce Infrastructure, The Hong Kong Management Accountants, Spring 1999
  6. E-Commerce Primer, Computer Careers Magazine, 1997
  7. E-Commerce Success Secrets, Computer Careers Magazine, 1997
  8. The Office Suites, Computer Careers Magazine, 1997
  9. Internet Investing, Computer Careers Magazine, 1997
  10. Taguchi Methods in Software Engineering, USC Computer Science Technical Report
  11. Competing in the World’s Computer Market, Scientific American, November 1990
  12. Short Circuiting Computers, New York Times, October 30 1990
  13. Tinbergen Lectures on Organization Theory, Interfaces, v. 19(6), November-December

Ph.D. Students

  1. Poornima Krishnan (graduated 2010)
  2. Sanjeev Jha (graduated 2009), University of New Hampshire
  3. Kirill Yurov (graduated 2009), Nova University
  4. Carsten Paasch (graduated 2008) Senior VP – Information Security, Standard Chartered Bank
  5. Wendy Hui, (graduated 2005), Nottingham University
  6. Eric See-to (graduated 2005).Research Fellow. University of Lancaster Business School, U.K.
  7. Hilton Chan, (graduated 2000), Hong Kong Police, Head of Special Investigations
  8. Eric Law, (graduated 1999) CEO, Boncle, Inc. (secure internet platforms) Santa Clara, CA

Research

Machine Learning and Artificial Intelligence

Exponential growth of computing power has made possible the efficient application of perceptron and graph theoretic solution concepts to networks in e-Commerce, merger and acquisition activity, social networks and numerous other fields with substantial and growing economic importance.    My work has translated traditional economic ‘comparative statics’ models,  central to the study of information technology markets, into machine learning models that can highlight emergent behavior and short period phenomena unavailable in comparative statics.   I am particularly impressed with the deep-learning tools from the Google Brain group, who are building an expanding array of products to provide viable “big data” alternatives to traditional statistics.  Their tools are rooted in tensor representations of the real world (just as statistics has evolved mainly from vector and matrix models) and offer many new metrics for the analysis of markets that have equal or greater impact on their performance than simple price and value metrics.   Both offer opportunities for deeper understanding of technology management and markets using computationally intensive methods.

Business Analytics

I am interested in making sense out of the extremely large datasets that are increasingly available online and from industry.  I take advantage of new, computationally intensive analysis tools, statistical packages, machine learning and visualization tools to create human-digestable analyses and graphics.  I am particularly interested in forensic statistical methods adapted from fields such as actuarial science, information science and physics.  I have been adapting social networks analysis and graphics, using R, Tensorflow and Mathematica  for the creation of inference models can be designed with a variety of probability, distance or weight metrics, and can be constructed through junction tree propagation algorithms with discrete and continuous evidence.

Electronic Commerce

My work in electronic commerce grew out of studies of stock-market automation (a very dynamic area in the early 1990s, as the number of stock exchanges nearly doubled, partly in response to the crash of 1987, with most new exchanges being electronic).  Electronic commerce platforms have since proliferated in such diverse areas as service and asset sharing, exchange of difficult to value assets, code bases and ideas, and governance.

I am Editor-in-Chief of one of the oldest electronic commerce journals: Electronic Commerce Research.   During my tenure I have moved the journal from its more traditional telecommunications and management information systems focus to a more comprehensive journal embracing cutting edge research in business, economics, computer science, machine learning and AI, politics and social science.    The journal has steadily improved its bibliometric rank, and is now indexed in the most important repositories.

Information Technology Economics and Valuation

I worked for several years as a CPA in Chicago and Dallas, where I accrued experience in finance and accounting.  I have continued some of these work in my academic studies into the economic consequences of technlogy management and investment.  Much of my early work at the University of Southern California’s Center for Software Engineering was on software metrics. There I developed the statistics for the Cocomo 2.0 software costing model. My work on software metrics led me to address the more general problem of IT valuation. Much of the value of information technology is contained in intangible assets – software, methods, ongoing services, and options. These are assets that traditional accounting and finance models find difficult to value because they lack an ‘objective’ basis for valuation.

Technology risk became a central topic in finance, project management and electronic commerce  following the 2008 crash. I have been expanding valuation modeling work in which I engaged from 2000 to 2004 (resulting in the publication of two books) to incorporate models from insurance and credit and market risk modeling.

 

Electronic Commerce Research

I currently serve as Editor-in-Chief of the Springer research journal Electronic Commerce Research, which is increasingly an outlet for cutting edge business analytics research in electronic commerce. Under my editorship, our 2014 Impact Factor has risen to 1.773 (Thomson Reuters Journal Citation Reports® 2015) with a 46% increase in citations over the prior year. For the last three years Electronic Commerce Research has seen the following Impact Factor trend:

Year Impact Factor Citations
2014 1.773 352
2013 1.632 242
2012 1.553 208

ECR has also, as a part of my restructuring and redirection, set up a new taxonomy reflecting current developments in the field, expanded paper categories to add methodology, negative results and ‘frontiers’ papers, as well as regular research and special issues. We currently review around 400 submissions per year, and to efficiently manage submissions we have expanded our advisory and review boards, with a current database of around 1000 reviewers.

Electronic Commerce Research is an open choice, ISI indexed journal; it is the oldest academic journal dedicated solely to electronic commerce (since 2001). It is abstracted / indexed in SSCI, JCR, SCOPUS, INSPEC, Zentralblatt Math, Google Scholar, EBSCO, CSA, ProQuest, Academic OneFile, ACM, and other major venues. Further information about the journals aims and content can be found at http://link.springer.com/journal/10660.
ECR Cover