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Katherine Gardner
Thursday, January 10, 2019 - 11:09am
Dr. Manlu Liu and Shoufan Qiu

Dr. Manlu Liu and graduate student Shoufan Qiu received the Best Paper Award for their coauthored paper titled “Diffusion of Innovation in Accounting: How have the Big Four been Adopting Blockchain Technology.”  They presented their findings at the SIGBPS Workshop on Blockchain and Smart Contract in December of 2018. This SIGBPS workshop’s goal was to “extend the boundaries of research in business process management and services science by integrating new elements that have not been sufficiently emphasized in the past.”

Dr. Manlu Liu has been supervising Shoufan Qiu on her study of “Blockchain and its Upcoming Impact on Auditing” throughout the summer of 2018 from the support of Saunders College of Business summer research grants. 

“I am thrilled to see faculty and student research continue to flourish at Saunders," said Dean Jacqueline Mozrall. She continued, "The intellectual curiosity of our faculty allows students to have an impact on business while remaining relevant in an ever-evolving technological environment. I am proud of our students and faculty for their hard work and dedication that continues to elevate the level of excellence of a Saunders education.”

When asked about her experience, Dr. Manlu Liu said “I appreciate the opportunity that Saunders provides to enhance the faculty-student engagement. It is exciting to help students find their passion in research.” Dr. Manlu Liu is Director of MS in Business Analytics and Associate Professor of Management Information Systems (MIS) and Accounting at Saunders College of Business

Shoufan Qiu commented, “I really appreciate this experience which gave me a chance to learn a lot. This study helped me to have a deep understanding of the development of blockchain nowadays as well as how text mining technology can help with the data analysis. I look forward to the advanced study in this area.” Shoufan Qiu was a graduate student at Saunders, who completed her degree in December 2018.

In addition to receiving the Best Paper Award, this paper was invited to the journal submission for blockchain special issue.


Saunders College of Business is one of nine colleges at Rochester Institute of Technology and is accredited by the Association to Advance Collegiate Schools of Business International (AACSB). Recognized and ranked internationally, Saunders is home to over 2,000 undergraduate and graduate students enrolled in programs across RIT Global Campuses in Rochester, New York, Croatia, Dubai, Kosovo and China. Saunders College works in partnership with RIT’s entrepreneurial Venture Creations incubator and top ranked Albert J. Simone Center for Innovation and Entrepreneurship to integrate business education with RIT’s world-leading technical and creative programs. With nearly 19,000 alumni worldwide, Saunders College offers undergraduate (BS), Masters (MS), Masters of Business Administration (MBA), and Executive MBA (EMBA) programs where students gain real-world business experiences through a tradition of applied learning, internships and capstone programs.