Faculty | IE Business School

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Taiyuan (Terry) Wang is a Professor of Entrepreneurship at IE. Before joining IE, Terry studied at the Richard Ivey School of Business in Canada, where he earned his Ph.D. in Strategy and Entrepreneurship. Before pursuing his Ph.D. study, Terry worked for multinational corporations and governmental organizations in China, where he has accumulated extensive industrial experience. He describes his career in the past decade as “every transition was quite professionally and culturally fundamental.”

Related to his career path, Terry’s research interests focus on a fundamental question: How can firms be entrepreneurial in developing new markets, products, and services? To answer this question, Terry has linked the field of entrepreneurship with other fields such as Strategic Management and Human Resource Management. In a recent study, he found that to be entrepreneurial, firms need to place the pursuit of new opportunities and rapid growth as their top strategic priority. Then they need to develop specific practices and processes that can facilitate innovative, proactive, risk-taking, aggressive, and autonomous behaviours in the workplace. He also found that a firm’s compensation policy plays an important role in influencing employees’ participation in the firm’s entrepreneurial strategies.

Terry’s research appears in the best paper proceedings of the Academy of Management. He has presented his studies in prestigious conferences such as the Academy of Management, the Academy of International Business (AIB), and the Administrative Sciences Association of Canada, where he also won the awards of Best Ph.D. Student Paper and Best Reviewer. Terry is also a passionate instructor in the classroom. In his own words, “teaching cannot be effective without passion, vision, and good communication.” He is dedicated to these teaching ideals in his class, by using various materials and employing multiple methods.


Academic background

  • Ph.D., Richard Ivey School of Business, the University of Western Ontario
  • MBA, Guanghua School of Management, Peking University
  • BS, Zhejiang University


Industrial experience

  • Product manager, Samsung Electronics (computer monitor division in China)
  • Asset valuator and inspector, China Entry-Exit Inspection & Quarantine (CIQ), China Import and Export Commodity Inspection Bureau (CCIB)

Latest publications

  • Entrepreneurial Orientation, Legitimation, and New Venture Performance.

    Wang, T.,Thornhill, S.,De Castro, J. Strategic Entrepreneurship Journal (In print), 2017
  • Social Responsibility in New Ventures: Profiting from a Long-Term Orientation

    Wang, T., Bansal, P. Strategic Management Journal, Vol. 33(10): 1135-1153, 2012
  • R&D Investment and Financing Choices: A Comprehensive Perspective

    Wang, T., Thornhill, S. Research Policy, Vol. 39(9): 1148-1159, 2009