Hong Kong Business Intermediary: The Dynamic of Innovative Entrepreneurship Harvard Case Solution & Analysis

Hong Kong intermediaries ("HKBI") was the first brokerage in Hong Kong based company that specializes in small business sales. Leading companies was Edwin Lee, a young entrepreneur, who took him every chance to lead the company to new levels of success. In November 2001, he realized that there was no business brokerage firm in Hong Kong, Lee created HKBI and began to offer "matchmaking" services to potential buyers and sellers of businesses. As the company has diversified too many extra services without proper planning, the increase in operating costs has become a nightmare of cash flows for HKBI in 2005. Lee then restructured its business model in a more systematic and integrated approach and successfully turned around the company, earning a reward innovative entrepreneurs in Hong Kong in 2007. Business model HKBI and effort in the development of the business also gained recognition worldwide. Meanwhile, local competitors have started to connect to the underdeveloped sector in Hong Kong, and many of them were former employees HKBI. Lee knew when the blue ocean turns red, it must continue to reinvent their business in the defense market leader HKBI position. He assumed HKBI become a small business developer in the future. How to distinguish from other HKBI Lee, linking business transaction broker with finance, private equity and real estate markets in an innovative way? How to take it as his team striking out on their own and become his competitors as one of the goals is to promote HKBI entrepreneurship? "Hide
by Ali Farhoomand, Claudia HL Woo Source: University of Hong Kong, 21 pages. Publication Date: June 12, 2012. Prod. #: HKU974-PDF-ENG

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