The Center for Family Business (CFB) was established by The Asia-Pacific Institute of Business (APIB) at The Chinese University of Hong Kong (CUHK) in 2012. Before the Center was found, the Center for Entrepreneurship and the Family Business Consortium under APIB had hosted most of the relevant activities focusing on family entrepreneurship and succession since 2006. Our Business School recognizes the importance of this multi-disciplinary field in the Asian context, and is instrumental in offering a full-spectrum of support to this growing field. The Center shall serve as a major driver of the family business activities in Hong Kong and in the Asia-Pacific region
Unlike other traditional family business centers, our Center carries a dual focus on family enterprising and business advising. Family businesses go through cycles of development with an increasing complexity in dynamics. We need to know different functional elements to achieve a sustainable growth for family enterprises. For family businesses to go beyond generations, the role of trusted advisors is very important. The Center shall leverage its resources to grow this ecology while attaching a high level of neutrality in our research. Focal points of each pillar are as follows
Vision
- To establish ourselves as the voice of family businesses in areas like succession planning, family office operations, governance, and philanthropy across China and Asia, so to enable us the bring essential knowledge of family business to our community.
- To help build the ecosystem of family business and family office in China
- To empower family businesses with a Chinese heritage to thrive and make significant contributions to the Greater Bay Area
Mission
- Strive to be the epicentre for knowledge, research, and practice in family businesses, family offices, and philanthropy in the Greater Bay Area (GBA).
- Commit to continuously crafting and sharing influential stories of family businesses that are shaping the economic landscapes of Hong Kong and the GBA.
- Leverage our research to provide comprehensive insights, catalysing sustainable growth and success of family businesses.
- Enrich the regional community by transforming our academic knowledge into impactful real-world applications, ultimately driving economic prosperity in the GBA.
