Richard Kum-yew Lai
Research, Patents    Talks and lectures    Positions    Education    Teaching    Media reports (741)
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  • INFORMS MSOM Student Paper Competition, Honorable Mention, November 2007
    Inventory's Fiscal Year End Effect

  • Recent co-authored article on business models the second most downloaded "recent paper" at SSRN, as of December 1, 2006

  • One of 3 Harvard Business School Wyss Awardees, Spring 2006
    (formerly the Dively Award) for "Excellence in Doctoral Research"
    HBS Press Announcement

  • Wickham Skinner Award (2nd Place), POMS Boston, 2006
    Inventory Signals
    Harvard NOM Working Paper No. 05-15

  • INFORMS MSOM Student Paper Competition, Honorable Mention. Extended Abstracts of 2005 Winners
    Inventory and the Stock Market

    Richard is in the doctoral program for operations management at Harvard Business School, after a leave of absence from his 1990/91 doctoral work at Wharton. He is also a teaching fellow (2005, 06 spring) for Economics PhD students in Ec 2120 econometrics, in the Economics Department.

    Academic advisors:
    Professor Ananth Raman (chair)
    Professor Vishal Gaur (Cornell; visiting HBS)
    Professor Dale Jorgenson (Economics department)
    Professor Josh Lerner

    Richard comes to HBS after the trade sale of dollarDEX Investments, where he was co-founder and chief executive. dollarDEX was one of the world's top 30 wealth management firms online (Institutional Investor magazine, March 2003) that he founded with partners in 1998. The firm is a licensed financial institution that has advised clients on over $1 billion in assets.

    Before that, he was co-head of Bain & Company's Asia Financial Services Practice, McKinsey consultant (mostly in financial services, retail/consumer goods, transportation/freight, and telecom), MIT research scientist (see frequently cited authors in human-computer interaction, and US patents 5,900,870, 5,794,001, 5,790,116, and 5,727,175), banker, and soldier.

    He is/was also a Crown Fellow at the Aspen Institute, a member of the Global Advisory Committee for the international asset management arm of one of the top 5 banks in the US, and a government appointee to the board and various committees of Singapore's agency for intellectual property rights. Some 741 media reports on dollarDEX and him; recent ones here: