Edison Tse
Associate Professor of Management Science and Engineering, Emeritus
Bio
Professor Edison Tse received his BS, MS, and Ph.D. in Electrical Engineering from Massachusetts Institute of Technology. He is the Director of Asia Center of Management Science and Engineering, which has the charter of developing executive training programs for executives in Asian enterprises, conducting research on development of the emerging economy in Asia and establishing research affiliations with Asian enterprises, with a special focus in Greater China: China, Hong Kong, and Taiwan.
In 1973, he received the prestigious Donald Eckman Award from the American Automatic Control Council in recognition of his outstanding contribution in the field of Automatic Control. He had served as an Associate Editor of the IEEE Transactions of Automatic Control, and a co-editor of the Journal of Economic Dynamics and Control, which he co-founded.
Professor Tse has done research in system and control engineering, economic dynamics and control, computer integrated systems to support fishery management policy decisions, management and control of manufacturing enterprise, and industrial competitive analysis and product development. Tse developed a framework for analyzing dynamic competitive strategy that would shape the formation of an ecosystem supporting a value proposition. Within such a framework, he developed dynamic strategies for firms entering an emerging market, latecomers entering a matured market, and firms managing transformation. Using this framework, he developed a new theory on the business transformation of a company and the economic transformation of a developing economy. He applied his theory to explain China’s rapid growth since 1978, changing from a production economy to an innovation economy. His current research is extending the theory to managing product success, managing inflection point disruptions, sustainable growth strategy in a dynamic changing environment, and industries’ strategy responding to geopolitics disruption. Over the years he has made valuable contributions in the field of engineering, economics, and business creation and expansion. He has published over 180 papers on his research activities.
From 2004- 2015, he co-directed various Stanford-China programs on regional industry and enterprise transformation that were attended by high level city officials from various cities in China and high level executives from Chinese enterprises. From 2007-2013, he co-directed a Stanford Financial Engineering Certificate Program in Hong Kong that upgrades the quality of managers and traders in the financial institutions in Hong Kong
He was a co-founder and a Board member of Advanced Decision System (ADS), a technology company with emphasis on AI and advanced decision tools. The company was found in 1979 and later acquired by Booz Allen and Hamilton in 1991. In 1988, Verity was spun off from ADS with AI search engine technology developed in ADS to provide enterprise search software. He was a Board member of Verity representing ADS before Verity went IPO in 1995. From 2007-2010, he was a Board member of KBC Fund Management Co., Ltd.
Program Affiliations
-
Center for East Asian Studies
Professional Education
-
BS, MIT (1970)
-
MS, MIT (1970)
-
PhD, MIT (1970)
2023-24 Courses
- Disruptive Innovations in New Globalization Era
MS&E 279 (Spr) - Dynamic Entrepreneurial Strategy
MS&E 274 (Spr) - Introduction to Product Management
MS&E 265 (Win) -
Independent Studies (1)
- Directed Reading and Research
MS&E 408 (Aut, Win, Spr, Sum)
- Directed Reading and Research
-
Prior Year Courses
2022-23 Courses
- Disruptive Innovations in New Globalization Era
MS&E 279 (Spr) - Dynamic Entrepreneurial Strategy
MS&E 274 (Spr) - Introduction to Product Management
MS&E 265 (Aut, Win)
2021-22 Courses
- Dynamic Entrepreneurial Strategy
MS&E 274 (Spr) - Dynamic Systems
MS&E 201 (Spr) - Introduction to Product Management
MS&E 265 (Aut, Win)
- Disruptive Innovations in New Globalization Era
All Publications
- Managing Product Success: Cool, Good, and Great Products Innovation Ink Publisher. 2023
- Navigating In-Betweenness: How 1.5 Generation Immigrant Entrepreneurs Recombine Resources from Both Worlds 1.5 Generation Korea Diaspora: A Comparative Understanding of transnationalism edited by Lee, J. Y., Kim, M. Lexington Books. 2021
- Is China Ready for the Next Disruptive Innovation? Shifting Gears in Innovative Policy edited by Lee, Y. S., Hoshu, T., Shin, G. W. Walter H. Shorenstein Asia-Pacific Research Center. 2020
- Basic Needs Disruptive Innovation Tsinghua Management Review 2019; April (19)
- The Art of Disruptive Innovation (in Chinese 源创新小典) China CITIC Press. 2018
- Redefine Innovation (in Chinese 重新定义创新) China CITIC Press. 2016
-
Inferior search engine's optimal choice: Knowledge-sharing service versus search quality
ELECTRONIC COMMERCE RESEARCH AND APPLICATIONS
2014; 13 (6): 387-401
View details for DOI 10.1016/j.elerap.2014.08.001
View details for Web of Science ID 000346236500001
-
Search engine competition with a knowledge-sharing service
DECISION SUPPORT SYSTEMS
2014; 66: 180-195
View details for DOI 10.1016/j.dss.2014.07.002
View details for Web of Science ID 000344204800017
- Disruptive Innovation and Company Transformation Harvard Business Review China 2013; October: 108-111
-
Dynamic search engine competition with a knowledge-sharing service
DECISION SUPPORT SYSTEMS
2012; 52 (2): 427-437
View details for DOI 10.1016/j.dss.2011.10.002
View details for Web of Science ID 000300210800013
- Toward Disruptive Innovation Tsinghua Business Review 2012; October: 12-16
- Disruptive Innovation (in Chinese 源创新) Wuzhou. 2012
-
The Role of the Business Model on Dynamic Capability in the Electronics Industry
IEEE International Technology Management Conference (ITMC)
IEEE. 2012: 10–17
View details for Web of Science ID 000312554900002
-
Dynamic Competition Strategy for Online Knowledge-Sharing Platforms
INTERNATIONAL JOURNAL OF ELECTRONIC COMMERCE
2011; 16 (1): 41-76
View details for DOI 10.2753/JEC1086-4415160102
View details for Web of Science ID 000297239200003
- Competition in Search Engine Market Journal of Business Strategies 2011
-
Building innovative organizations in China: The "execution plus " organization
ASIA PACIFIC JOURNAL OF MANAGEMENT
2010; 27 (1): 25-53
View details for DOI 10.1007/s10490-008-9115-2
View details for Web of Science ID 000273807700003
-
The Resource-Based View of Competitive Advantage in Two-Sided Markets
JOURNAL OF MANAGEMENT STUDIES
2009; 46 (1): 45-64
View details for DOI 10.1111/j.1467-6486.2008.00796.x
View details for Web of Science ID 000261619600004
- Building innovative organizations in China: the execution+ organization Asia Pacific Journal of Management 2008
- Sustainable Growth of Payment Card Network: A two-sided market Approach Journal of Business Strategies 2007
- When Does the Winner Take All in Two-Sided Markets? Review of Network Economics 2007
-
Informing the design of direct-touch tabletops
IEEE COMPUTER GRAPHICS AND APPLICATIONS
2006; 26 (5): 36-46
View details for Web of Science ID 000240285500007
View details for PubMedID 16983887
-
Grabber-holder dynamics and network effects in technology innovation
JOURNAL OF ECONOMIC DYNAMICS & CONTROL
2002; 26 (9-10): 1721-1738
View details for Web of Science ID 000175641800019
- Managing the Use of Information Technology to Promote Process Innovation Designing Innovations in Industrial Logistic Modeling edited by Kusiak, A., Bielli, M. CRC Press. 1997
-
VASODILATOR UNRESPONSIVENESS OF ACUTE POSTISCHEMIC RENAL-ALLOGRAFT FAILURE
AMER SOC NEPHROLOGY. 1995: 478–78
View details for Web of Science ID A1995RX68600704
-
LEARNING-MODELS IN DYNAMIC MANUFACTURING
JOURNAL OF INTELLIGENT MATERIAL SYSTEMS AND STRUCTURES
1994; 5 (2): 258-271
View details for Web of Science ID A1994NH63700011
-
INTELLIGENT SUPPORT SYSTEM FOR CONTINUOUS IMPROVEMENT IN A DYNAMIC MANUFACTURING ENVIRONMENT
COMPUTER INTEGRATED MANUFACTURING SYSTEMS
1991; 4 (4): 229-238
View details for Web of Science ID A1991GP97200005
-
IMPLICIT GAMES - ANALYSIS OF ASYMPTOTIC COMPETITIVE BEHAVIORS
EUROPEAN JOURNAL OF OPERATIONAL RESEARCH
1990; 47 (3): 387-393
View details for Web of Science ID A1990EC58000010
- Industry Structure Modeling for Competitive Analysis: An Integrated AI and Systems Approach Computer Science in Economics and Management 1990
-
AN EXTENSION OF KARMARKAR PROJECTIVE ALGORITHM FOR CONVEX QUADRATIC-PROGRAMMING
MATHEMATICAL PROGRAMMING
1989; 44 (2): 157-179
View details for Web of Science ID A1989AE14900003
-
A NOTE ON THE RADIUS OF CONVERGENCE OF THE USA ALGORITHM
JOURNAL OF ECONOMIC DYNAMICS & CONTROL
1989; 13 (2): 313-316
View details for Web of Science ID A1989T606800011
-
MONOPOLISTIC PROVISION OF CONGESTED SERVICE WITH INCENTIVE-BASED ALLOCATION OF PRIORITIES
INTERNATIONAL ECONOMIC REVIEW
1989; 30 (1): 153-174
View details for Web of Science ID A1989T164100012
-
AN INTEGRATED SYSTEM MODEL FOR A FISHERY MANAGEMENT PROCESS .1. MODEL STRUCTURE
COMPUTERS & MATHEMATICS WITH APPLICATIONS
1989; 17 (8-9): 1329-1343
View details for Web of Science ID A1989U354400014
-
AN INTEGRATED SYSTEM MODEL FOR A FISHERY MANAGEMENT PROCESS .2. A CASE-STUDY
COMPUTERS & MATHEMATICS WITH APPLICATIONS
1989; 18 (6-7): 675-690
View details for Web of Science ID A1989AH89700017
- Computer Integrated Manufacturing Enterprise Management Systems Intelligent Management Systems II edited by Milacic, V. R. Elsevier Publisher. 1988
-
USA ALGORITHM - RESPONSE
JOURNAL OF ECONOMIC DYNAMICS & CONTROL
1987; 11 (3): 461-463
View details for Web of Science ID A1987K433000011
-
TRACKING AND CLASSIFYING MULTIPLE TARGETS WITHOUT A PRIORI IDENTIFICATION
IEEE TRANSACTIONS ON AUTOMATIC CONTROL
1986; 31 (5): 401-409
View details for Web of Science ID A1986A720100003
- Actively Adaptive Control for Nonlinear Stochastic Systems Adaptive Methods for Control System Design edited by Gupta, M. IEEE Press. 1986
- The Simulation and Expert Environment Coupling Symbolic and Numercial Computing in Expert Systems edited by Kowalik, J. K. Elsevier Science Publishers. 1986
- Adaptive Stochastic Control for a Class of Linear Systems" Adaptive Methods for Control System Design edited by Gupta, M. IEEE Press. 1986
-
A FIXED-POINT ALGORITHM WITH ECONOMIC APPLICATIONS
JOURNAL OF ECONOMIC DYNAMICS & CONTROL
1985; 9 (2): 127-137
View details for Web of Science ID A1985AZD6800001
-
STRUCTURAL DESIGN FOR CLASSES OF POSITIVE LINEAR-SYSTEMS
IEEE TRANSACTIONS ON SYSTEMS MAN AND CYBERNETICS
1981; 11 (2): 126-134
View details for Web of Science ID A1981LM44000003
-
ADAPTIVE EXPECTATIONS AND DYNAMIC ADJUSTMENT IN NONCOOPERATIVE GAMES WITH INCOMPLETE INFORMATION
JOURNAL OF OPTIMIZATION THEORY AND APPLICATIONS
1981; 34 (2): 243-261
View details for Web of Science ID A1981LW65600004
-
AGGREGATION AND INFORMATION STRUCTURING IN LARGE-SCALE DYNAMIC-SYSTEMS
IEEE TRANSACTIONS ON SYSTEMS MAN AND CYBERNETICS
1980; 10 (11): 723-729
View details for Web of Science ID A1980KZ91800005
-
ADAPTIVE INPUT-MATCHING CONTROL OF STRUCTURALLY VARYING PLANTS
AUTOMATICA
1980; 16 (3): 317-321
View details for Web of Science ID A1980JU70400008
-
EXPERIMENTATION AND BUDGETING IN ADVERTISING - AN ADAPTIVE-CONTROL APPROACH
OPERATIONS RESEARCH
1980; 28 (2): 321-347
View details for Web of Science ID A1980JP58800003
-
BOUNDING THE BEHAVIOR OF POSITIVE DYNAMIC-SYSTEMS
JOURNAL OF ECONOMIC DYNAMICS & CONTROL
1980; 2 (3): 283-299
View details for Web of Science ID A1980KG55700005
-
POLE PLACEMENT THROUGH THE MODALATOR APPROACH
INTERNATIONAL JOURNAL OF CONTROL
1980; 31 (6): 1137-1145
View details for Web of Science ID A1980KA05200006
-
OBSERVER DESIGN FOR LARGE-SCALE LINEAR-SYSTEMS
IEEE TRANSACTIONS ON AUTOMATIC CONTROL
1979; 24 (3): 469-476
View details for Web of Science ID A1979GZ22100015
-
REDUCED-ORDER MODELS, CANONICAL FORMS AND OBSERVERS
INTERNATIONAL JOURNAL OF CONTROL
1979; 30 (3): 513-531
View details for Web of Science ID A1979HN46200011
-
ADAPTIVE IMPLEMENTATION OF ONE-STEP-AHEAD OPTIMAL-CONTROL VIA INPUT MATCHING
IEEE TRANSACTIONS ON AUTOMATIC CONTROL
1978; 23 (5): 865-872
View details for Web of Science ID A1978FU97200013
-
QUANTITATIVE MEASURE OF IDENTIFIABILITY
IEEE TRANSACTIONS ON SYSTEMS MAN AND CYBERNETICS
1978; 8 (1): 1-8
View details for Web of Science ID A1978EG11200001
-
ACTIVELY ADAPTIVE-CONTROL FOR NONLINEAR STOCHASTIC-SYSTEMS
PROCEEDINGS OF THE IEEE
1976; 64 (8): 1172-1181
View details for Web of Science ID A1976BZ84900006
-
CAUTION, PROBING, AND VALUE OF INFORMATION IN CONTROL OF UNCERTAIN SYSTEMS
ANNALS OF ECONOMIC AND SOCIAL MEASUREMENT
1976; 5 (3): 323-337
View details for Web of Science ID A1976CG34900006
-
OPTIMAL TIMING FOR AN ADVERTISING COPY REPLACEMENT (COPY LIFE-CYCLE)
INFORMS. 1975: B394–B394
View details for Web of Science ID A1975AL20700752
- Concepts and Methods in Stochastic Control Control and Dynamic Systems: Advances in Theory and Applications edited by Leondes, C. T. Academic Press. 1975
- Structural Determination and Parameter Identification for Multivariable Stochastic Linear Systems IEEE Transaction on Automatic Control 1975
- Adaptive Dual Control for Stochastic Nonlinear Systems with Free End-Time IEEE Transaction on Automatic Control 1975
-
DUAL EFFECT, CERTAINTY EQUIVALENCE, AND SEPARATION IN STOCHASTIC CONTROL
IEEE TRANSACTIONS ON AUTOMATIC CONTROL
1974; AC19 (5): 494-500
View details for Web of Science ID A1974U354100005
-
ACTIVELY ADAPTIVE CONTROL FOR LINEAR-SYSTEMS WITH RANDOM PARAMETERS VIA DUAL CONTROL APPROACH
IEEE TRANSACTIONS ON AUTOMATIC CONTROL
1973; AC18 (2): 109-117
View details for Web of Science ID A1973O960800004
- An Actively Adaptive Control for Linear Systems with Random Parameters via the Dual Control Approach IEEE Transaction on Automatic Control 1973
- Wide-Sense Adaptive Dual Control for Stochastic Nonlinear Systems IEEE Transaction on Automatic Control 1973
- Observer-Estimators for Discrete-Time Linear Systems IEEE Transaction on Automatic Control 1973
- On the Identifiability of Parameters IEEE Transaction on Automatic Control 1972
- Adaptive Stochastic Control for a Class of Linear Systems IEEE Transaction on Automatic Control 1972
- Target Track Pulse Scheduling IEEE Transaction on Aero-Space and Electronic Systems 1971; November: 1113-1122
- On the Optimal Control of Stochastic Systems IEEE Transaction on Automatic Control 1971; December (AC-16)
- Optimal Minimal-Order Observer-Estimators for Discrete Linear Time Varying System IEEE Transaction on Automatic Control 1970; August (AC-15): 4-6-426