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Stephen Zhang

Stephen Zhang

BEng (Hons), NTU Singapore; PhD, NUS

Rm 4229
H70 - Abercrombie Building
The University of Sydney
NSW 2006 Australia

Telephone +61 2 8627 5663
Curriculum vitae Curriculum vitae


Stephen Zhang studies how entrepreneurs and top management perceive and act under uncertainties using the latest advances in psychological theories. Such studies have drawn wide interest, giving Stephen opportunities to raise more than US$1.2 million of grants in several countries. Before coming to Sydney, Stephen is an assistant professor of entrepreneurship and founded the Center for Entrepreneurial Strategy Under Uncertainty in Catholic University of Chile, which ranks #1 in South America.

Stephen received his Bachelor Degree at Nanyang Technological University in Singapore, and his Ph.D. from National University of Singapore. Prior to his academic career, Stephen gained experiences in several industries including engineering, management consultant, market research, project evaluation as well as founding new ventures.

In USyd, Stephen teaches entrepreneurship with an action-based approach. This approach has generated many entrepreneurs with highly scalable businesses, and Stephen has been rated consistently as the best professor for his entrepreneurship course in the master program.


Journal Article/s

Zhang S and Cueto J 2017 'The Study of Bias in Entrepreneurship', Entrepreneurship: Theory and Practice, vol.41:3, pp. 419-54 [Link]

Schmitt A, Rosing K, Zhang S and Leatherbee M 2017 Forthcoming 'Facing the Challenge of Uncertainty: The Role of Entrepreneurial Self-efficacy for Exploration and Business Opportunity Identification under Perceived Uncertainty', Entrepreneurship: Theory and Practice


Book Section/s

Afshar-Jahanshahi A and Zhang S 2015 'Real Options Reasoning and Innovative Performance in the Context of Dynamic Capabilities' in Adoption of Innovation: Balancing Internal and External Stakeholders in the Marketing of Innovation, ed. Brem, Alexander, Viardot, Éric, Springer International Publishing, Cham, Switzerland, pp. 181-196 [Link]


Journal Article/s

Afshar-Jahanshahi A, Zhang S and Brem A 2013 'E-commerce for SMEs: empirical insights from three countries', Journal of Small Business and Enterprise Development, vol.20:4, pp. 849-865 [Link]

Zhang S, Pramanik N and Buurman J 2013 'Exploring an innovative design for sustainable urban water management and energy conservation', International Journal of Sustainable Development & World Ecology, vol.20:5, pp. 442-454 [Link]


Journal Article/s

Zhang S and Babovic V 2012 'A real options approach to the design and architecture of water supply systems using innovative water technologies under uncertainty', Journal of Hydroinformatics, vol.14:1, pp. 13-29 [Link]


Journal Article/s

Zhang S and Babovic V 2011 'An evolutionary real options framework for the design and management of projects and systems with complex real options and exercising conditions', Decision Support Systems, vol.51:1, pp. 119-129 [Link]


Journal Article/s

Buurman J, Zhang S and Babovic V 2009 'Reducing Risk Through Real Options in Systems Design: The Case of Architecting a Maritime Domain Protection System', Risk Analysis, vol.29:3, pp. 366-379 [Link]

Recent Units Taught

  • IBUS5002 Strategy, Innovation and Entrepreneurship

    2017: S1,

  • IBUS6012 Business Innovation and Sustainability

    2017: S2,