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Knowledge Creation

The way to create knowledge in academia – the path I aim to walk through.

(24:20 – 25:15) Best papers usually got rejected. That story was true for every single person in that room, and we were all starts. So, this is not an unusual phenomenon, and it is very important when we’re bringing up young doctoral students and young faculty. I spend a large part of my time tutoring doctoral students and young faculty getting them to see that if they ever really did invest something new, it is going to be rejected; and you had to be willing to stand in the face of that rejection, and deal with problems that the referees were having in the paper and problems that your colleagues were having in dealing with it. If you can stand in the face of that rejection, and if the arguments are valid, you will eventually win. That is very uncomfortable place to be lots of time.


One of massive open online course websites that offers a variety of undergraduate- and graduate-level online courses for free. They constitute an entire set of video lectures, lecture notes, problem sets, and exams, and are taught by professors at the world’s leading universities. Those who are going back to school after years away from it like me or those who want to explore subjects other than majors so as to gratify intellectual curiosity may find this useful or entertaining. (from my Facebook post added on May 27, 2014)

UNC Finance Research

Table 1. Where UNC has been in producing quality finance research over time

Period # of top three journal publications Ranking
2011~2015 40 5
2001-2010 57 16
1991-2000 26 25


The table shows that, in the latest 2011-2015 period, UNC Kenan-Flagler is ranked among the five most productive business schools in the world in supplying quality finance research. The ranking is based on the number of faculty research papers published at top three finance journals – The Journal of Finance, Journal of Financial Economics, and Review of Financial Studies. The four universities ranked above UNC during the period are University of Pennsylvania, Chicago University, Harvard University, and New York University. The statistics indicate that the contribution of UNC Kenan-Flagler to academia as well as to the real world has grown over time, which is great for both the school and the outside the world.