Dr. David Y. Choi has had an active career as an academic, consultant and entrepreneur over the last 20 years. Dr. Choi has been a faculty member and associate director of the nationally ranked Fred Kiesner Center for Entrepreneurship at LMU since 2003. He has taught undergraduate and MBA courses in entrepreneurship, entrepreneurial finance, social entrepreneurship and technology management at LMU as well as other institutions around the world including Peking University, Korea Advanced Institute of Science and Technology, and Korea University. Dr. Choi is a winner of a national teaching award from the United States Association of Business and Entrepreneurship (USABE). He has been featured or quoted in many business publications, including The Wall Street Journal, Los Angeles Times, Fortune, Los Angeles Business Journal and Business2.0, among others.
University of California at Los Angeles: Ph.D., Management 1997
University of California at Berkeley: MS, Industrial Engineering 1990
University of California at Berkeley: B.Sc., Industrial Engineering 1989
Areas of Expertise (7)
Industry Expertise (3)
Innovative Pedagogy for Entrepreneurship Education Award (professional)
Innovative Pedagogy for Entrepreneurship Education Award by the United States Association of Business and Entrepreneurship (USABE)
Media Appearances (1)
David Ryu's L.A. City Council campaign energizes Korean American voters
Los Angeles Times online
Just a few years after Los Angeles underwent a bitter battle over political representation of Asian Americans, voters will decide this month whether to elect the city's first-ever Korean American City Council member.
Research Focus (1)
Novica: Arts and Crafts of Social Venturing
This case discussed an innovative for-profit social venture that connects talented artisans in developing nations with customers worldwide. Though raised in the US, co-founders and lifelong friends Roberto Milk, Andy Milk, and Charles Hachtmann have always been exposed to global influences. All three grew up with family from other countries. All three traveled a great deal in their youth. All three were multilingual. Similarly, all three were surrounded by people whose life mission was to make a positive social contribution. When Roberto meets his future mother-in-law, Armenia Nercessian de Oliveira, a professor and UN employee who has dedicated her life to helping others across the globe, the stage is set to launch NOVICA. While Roberto has an entrepreneurial vision about which he is passionate, he is also a thoughtful and patient leader. With NOVICA, he first builds, over the course of a decade, an executive team composed of his family and friends; then develops the most critical operational components of the organization; and finally scales the business to profit. The case ends with Roberto and his team facing a critical decision about how at last to propel the company from slow to rapid and substantial growth. By 2009, NOVICA has reached $15 million in annual revenue, helped better the lives of more than 75,000 artisans and their dependents worldwide, and retained the tight-knit founding team of its earliest days. The founders, however, want NOVICA to be a truly global presence, offering help in new parts of the world, in new ways - bringing in $100 million annually and benefiting at least 1,000,000 people. The case allows students to explore the role of profit and the centrality of sound business fundamentals in the context of doing good. It also motivates consideration of the prerequisites for and possible paths to organizational growth - asking what criteria should be considered in making growth decisions and what sorts of growth strategies are appropriate.
This explorative paper examines the impact of online piracy on innovation and the creation of new, legitimate businesses. While viewed only as a legal matter, online piracy has shown to be an important source of technological and strategic innovation to both industry incumbents and newcomers.
We analyze the relative performance of Asian American-founded ventures (relative to those founded by non-Asian American or “mainstream” entrepreneurs) in terms of time-to-IPO, market valuation at IPO, and post-IPO performance.
Entrepreneurial intent and subsequent activity are increasingly recognized as vital to economic viability and growth, and particularly worthy of considerable support and resource investment in education and economic policy