The fact that software companies can be started with little more than a few programmers and their PCs has generated great interest in countries around the world looking for ways to get into the high-tech boom as part of their economic development strategy. Avron Barr and Shirley Tessler have been studying the Korean software industry in the context of their ongoing research on the worldwide software industry, looking for strategies that might help Korea develop her competitive strengths. They have looked at all aspects of the industry: software education, financial institutions and new business creation, habitat for startup companies, the domestic market, and global niche strategies. A summary of their findings and some possible recommendations will be discussed. Since 1994, Avron Barr and Shirley Tessler have been conducting SCIP's study of the worldwide software industry with Professor William F. Miller. They are also the principals of Aldo Ventures, Inc., a strategy consulting firm for software organizations. Avron studied Computer Science at Stanford, edited the four-volume Handbook of Artificial Intelligence, co-founded a Silicon Valley software start-up in 1981, and served as Marketing Director for a software publisher. Shirley also studied Computer Science at Stanford, and has an MBA from Wharton. She spent 16 years in corporate finance and M&A before joining Aldo Ventures in 1991. Together they have consulted with dozens of software companies and IT shops on the commercial application of advanced software technology and on the software industry.

Foreign-born engineers are a significant and fast growing presence in Silicon Valley. This talk will examine how first generation Chinese and Indian immigrants--who represent one-third of the engineering workforce in the region--have integrated into the local economy while simultaneously building long-distance linkages to regions in Asia. AnnaLee Saxenian is a Professor of City and Regional Planning at the University of California at Berkeley and an internationally recognized expert on regional economic development and the information technology sector. Her current research examines the contributions of skilled immigrants to Silicon Valley and their growing ties to regions in Asia. Her recent publications include Silicon Valley's New Immigrant Entrepreneurs and Regional Advantage: Culture and Competition in Silicon Valley and Route 128. She has written extensively about innovation and regional development, urbanization, and the organization of labor markets in the San Francisco Bay Area. Saxenian is the Gordon Cain Senior Fellow at the Stanford Institute for Economic Policy Research for the 1999-2000 academic year. She holds a Doctorate in Political Science from MIT, a Master's degree in Regional Planning from the University of California at Berkeley, and a BA in Economics from Williams College in Massachusetts.

The Vietnam IT Forum 2001 will present an overview of Vietnam's infomation technology industry and its potential for U.S. participation. The conference showcases the emergence of Vietnam, particularly the technology sector and fetures the opportunities and challenges presented by these developments. The conference will examine the Bilateral trade Agreement, along with opportunities in softwre development, multimedia, telecommunications, networking, Internet/e-business, outsourcing, and foreign direct investment and financing. To indicate your interest in attending, please contact Q. Huy D. Do, Attorney-at-Law, Squire, Sanders & Dempsey LLP. Tel: 415-954-0343, Fax: 415-391-2493, Email: qdo@ssd.com ***** THIS EVENT IS BY INVITATION ONLY. *****

Through interviews with and analysis of the portfolio of French VCs in Silicon Valley, Professor Ferary is examining ties between VCs and entrepreneurs based on nationality, education and professional background. He describes how French venture capitalists use the French network in their businesses and how they try to get inside others' social networks to increase their resources and accumulate social capital. An exchange theory based on the gift exchange theory can be used for understanding VC behavior and relations. Currently a visiting scholar at Stanford's Sociology Department, Michel Ferary is an assistant professor at Essec School of Management in Paris, France. He earned a PhD in business administration from HEC (France) and worked for three years as a consultant in financial services for Andersen Consulting and Gemini Consulting. In addition to current work on French VCs in Silicon Valley, Professor Ferary's research focuses on the function of social networks in the financial risk evaluation done by bankers.

Youth labor markets in most OECD countries were in disarray by the end of the 1990s. Japan was no exception. Some observers have claimed that Japan's highly institutionalized school-work system, involving close linkages between high schools and employers, has efficiently matched young people to jobs and has helped keep youth unemployment rates low. How is this changing, in the face of Japan's recession as well as structural changes in the labor market? My research examines the role of the school-work system and the pressures the system currently faces. Mary C. Brinton is Professor of Sociology at Cornell University, where she moved in 1998 after teaching at the University of Chicago for 13 years. Her principal interests are in social and economic change in contemporary Japan, the comparative study of labor markets, gender inequality, and the analysis of educational systems. Recent publications include Women and the Economic Miracle: Gender and Work in Postwar Japan (University of California Press, 1993), "Married Women's Labor in Rapidly Industrializing Economies: Examples from East Asia" (with Yean-Ju Lee and William Parish), American Journal of Sociology 93, 1 (1995), and The New Institutionalism in Sociology (edited with Victor Nee; Russell Sage Foundation, 1998). Her current work focuses on how institutions intervene in the Japanese youth labor market.

Inside Burma, the armed forces have established a chokehold on political power unrivalled in the world. The latest incarnation of junta rule emerged in 1988 following the bloody repression of a nationwide pro-democracy movement. Yet despite international revulsion, today's generals have barely been touched by its effects: the suspension of international economic assistance; the imposition of an arms embargo; and bans on new investment in Burma by Western firms. Over four decades of military rule, there have been rumors of in-fighting among officers, and of mutinies and desertions by foot soldiers. Many have concluded from such reports that the regime must inevitably fall. So far, however, such thoughts have been wishful. While elsewhere in Southeast Asia authoritarian regimes have crumbled, in Burma the junta has endured. How have Burma's generals managed to sustain their dominance for so long? Why hasn't the country's democratic opposition been able to wrest power from this regime? And why have international sanctions and prodding so utterly failed to break the stalemate in Rangoon? Mary Callahan is Assistant Professor at the University of Washington's Jackson School of International Studies. She received her PhD in Government at Cornell University in 1996. Among her many writings are chapters civil-military relations in Burma scheduled to appear in Soldier and State in Asia (Stanford University Press, 2000) and Burma: Strong State/Weak Regime (Crawford House, 2000). Fluent in Burmese, Prof. Callahan also teaches, lectures widely, and serves as a consultant to the United Nations on political conditions in Burma.

In many markets, organizations compete with rivals from all over the world, transcending national boundaries. We offer a theory to explain patterns of global competition, proposing that global competition "coevolves" in an ecology of learning organizations. Our theory points to certain conditions under which such evolution intensifies competition, but also to patterns of adverse selection within and among organizations. We test our theory in a study of organizational failure rates among all computer hard disk drive manufacturers that have ever existed, and find that our theory is able to explain patterns of competition in that industry over its history. William P. Barnett is an Associate Professor of Strategic Management and Organizational Behavior at the Graduate School of Business, Stanford University. He studies competitive systems within and among organizations, focusing especially on how competitiveness evolves as organizations grow and change. This research includes empirical studies of the evolution of organizational performance, the organizational and career determinants of entrepreneurship, the effects of technological and regulatory changes on competition among organizations, and how competitiveness evolves over time and across markets. His work reports on a range of firms and industries, including organizations in telecommunications, semiconductor manufacturing, beer brewing, newspaper publishing, and banking. Most recently he is studying the evolution of the computer industry. In 1988 he received his Ph.D. in Business Adminstration from the University of California, Berkeley.

The Honorable Wang Yunxiang has an extraordinary perspective on Chinese economic issues. His seminar will mainly concern the influence on China's economy and social development after China joins the WTO and will address key questions:

• How will America benefit from China joining the WTO? and
  
• What influences will be brought to the world's economy through China joining the WTO?
  

The Honorable Wang Yunxiang has had a distinguished diplomatic career. Since 1972 he served as Attache of the Chinese Embassy in the Republic of Malta(1972-1978), the first Secretary, Counselor of the Chinese Embassy in Uganda (1984-1988), and the Counselor of the Chinese Embassy in the Kingdom of Norway. Thereafter, he served as the Deputy Director General of the Information Department, Ministry of Foreign Affairs (1991-1996). In 1996, he was appointed as the Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to the Republic of Zambia. The Honorable Wang Yunxiang has served as Consul General of the People's Republic of China in San Francisco since 1999.

Silicon Valley has become a melting pot of talent, opportunity, and capital from not only the United States but around the world. This seminar will focus on how Korean entrepreneurs can incorporate and manage high-tech ventures successfully in Silicon Valley by overcoming critical barriers--managerial, technical, and cultural. Based on in-depth case studies of Korean start-ups in Silicon Valley, this presentation identifies problems faced by entrepreneurs along the stages of venture development. It also suggests to Korean entrepreneurs a process to overcome barriers through support from partners and advisory experts in Silicon Valley and Korea. More specifically, this seminar will discuss the experiences of Korean start-ups in Silicon Valley in writing business plans, raising funds, hiring and motivating employees, and addressing cultural issues. In addition, some lessons and guidelines for foreign entrepreneurs in surmounting the obstacles for the successful incorporation and growth will be discussed, such as the importance of forming the founding team with complementary assets and the legal form of the entity.

Dr. Zong-Tae Bae is an Associate Professor at the Graduate School of Management, Korea Advanced Institute of Science and Technology (KAIST), Seoul, Korea. He is currently on sabbatical from KAIST and working as a Visiting Scholar of the Graduate School of Business (GSB) and the Asia/Pacific Research Center (Shorenstein APARC) at Stanford University. His research interests include various aspects of technology management and entrepreneurship. Currently he is conducting a research project on a global model of new venture development. He has published 10 articles in international journals such as R&D Management and Journal of Production Innovation Management. He received a B.S. in Industrial Engineering from Seoul National University in 1982, and a M.S. and Ph.D. in Management Science from KAIST in 1984 and 1987, respectively.