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How to treat the current official name of Lakeside University as Lakeside Innovation and Research Center?
The reason why Lakeside University changed its name to Lakeside Innovation and Research Center is because such an institution is not an educational institution or a public college after all, so in order to avoid unnecessary misunderstanding, it was renamed as Lakeside Innovation and Research Center. Although this institution will also have an admission rate and various curriculum arrangements, it is actually fundamentally different from our educational institutions.

Zhejiang Lakeside Entrepreneurship Research Center is an institution co-founded by 9 entrepreneurs and famous scholars, including Liu Chuanzhi, Ma Yun, Feng Lun, Guo Guangchang, Shi Yuzhu, Shen Guojun, Qian Yingyi, Cai Hongbin and Shao Xiaofeng. It is located near Yuhu Bay of Hangzhou West Lake. The center insists on public welfare and non-profit, aiming at cultivating a new generation of entrepreneurs with entrepreneurial spirit in the new commercial civilization era. The target students are mainly entrepreneurs who have been in business for more than three years. On March 27, 20 15, the first batch of students entered school; Ma Yun became the first president, and Professor Ceng Ming was the provost. On April 6th, 20 17, Professor Ceng Ming became the Director of Education.

Moreover, some netizens found that the admission rate of this institution is really low. The main way of this school is to buy a group of talented and capable entrepreneurs, and have more than three years of entrepreneurial experience, with more than 50 employees. It is possible to be admitted. The main purpose of such institutions is to train better leaders and entrepreneurs and make greater contributions to our whole country in the future production and life process.

Although there have been some news that this school has been forced to stop enrolling students, many talents have participated in this school in just a few years, which shows that this school or this institution is already very powerful, because it is for all entrepreneurs who have been in business for more than three years, so relatively speaking.

Our circle of friends and various relationships will be more extensive, and we can even promote other official partners from another aspect. I hope many of our entrepreneurs can work harder, join such excellent institutions and expand their social circle.