Dr. Hsiao is the founder and former Dean of the School of Business at Southern Connecticut University in New Haven. An economist, he was a member of the visiting faculty in the University of Chicago (1968), Yale University (1982, 1987) and the University of Connecticut (1984). He served as a consultant to a number of organizations, including the Rockefeller Foundation and the United Nations Development Programme. In a face-to-face meeting in 1998, he personally made recommendations to Premier Zhu Rongji for China to initiate a program, "Innovation Fund For Small Technology-based Firms", fashioned after the U.S. SBIR program, which was enacted.

Dr. Hsiao is a co-founder and chairman of the board of the sister company, US Nanocorp, and also serves on the Board of Directors for Battery Intelligence, Inc. He has considerable experience in business development and the establishment of strategic alliances with international corporations. Most recently, he has played a key role in the establishment of a Sino-US Cooperative Joint Venture in Shanghai.

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