In this session of the Shorenstein APARC Corporate Affiliate Visiting Fellows Research Presentations, the following will be presented:

Hironori Iwane, "Smart Grid Strategies Concerning Renewable Energies in the United States and Japan"

The topic of Smart Grid has become more and more popular because technologies concerning it are effective for efficiency improvement and renewable energy increase in electric power systems. However, Smart Grid is an ambiguous term and its meanings vary with different audiences. Therefore, it is increasingly difficult to identify what Smart Grid is or understand the potential benefits or concern for future electric power systems. As the result, grasping strategies for future electric power systems is complicated. This research focuses on clarifying the future strategies for electric power systems in ambiguous renewable and Smart Grid circumstances.

Daiju Nakahashi, "Current and Future Trends of the Smart Grid in the U.S. and Japan - A Study of New Business Opportunities"

The Smart Grid is a next generation power grid that controls the supply and demand of electricity by using advanced information and communications technology. The Smart Grid is considered revolutionary in the power industry - just as the Internet was to the IT industry. In recent years, worldwide interest in the Smart Grid has increased due to its close relationship to renewable energy. In particular, the interest in the United States has grown significantly since the Obama administration unveiled its plan to invest heavily in the Smart Grid. Nakahashi's research in the Smart Grid examines current trends in the United States and Japan and analyzes opportunities for new businesses.

Tomohiro Yamaguchi, "Mobile Industry in the U.S. and Japan:  The Differences and Direction in Each Country"

With the rise of smartphones, such as the iPhone and Android phone, the mobile internet market is dramatically growing in the United States. In Japan, on the other hand, the closed nature of the market is seen as a problem, which is sometimes called "Galapagos", with the negative connotation of the nature. Yamaguchi considers the difference between both markets, and attempts to answer the questions -"Which market is leading?" and "How much is it leading?" Finally, Yamaguchi will conjecture the direction of the future.

In this session of the Shorenstein APARC Corporate Affiliate Visiting Fellows Research Presentations, the following will be presented:

Hirofumi Takinami, "Political Economy of the Financial Crises in Japan & United States - A Comparative Study on the Bailout of Financial Institutions"

Currently, the United States is suffering from a financial crisis.  Japan has struggled with a financial crisis from the late 1990's to the early 2000's.  What implications can be drawn from these crisis experiences of the two largest economies in the world?  As one part of a collaborative research with Professor Phillip Lipscy on "Policy Innovation in Japan and the United States:  A Comparative Study of Response to Finiancial Crises", Takinami analyzes which elements are crucial in the use of bailout of financial institutions as a means to address financial crises.  Stressing that taxpayers' understanding and market sentiment are key, he makes arguments especially on the "learning effect" of Japanese financial crisis and the importance of action by the national leader and his/her secretarial organizations.

Takashi Uchida, "Comparative Research Study of Manufacturing Between the United States and Japan"

Manufacturing consists of upstream (raw material suppliers), middle stream (casting, dyes, metal press, etc.) and downstream (automobile companies, machinery companies, and electric companies).  To accurately view the structure of manufacturing as "supply chain", Uchida analyzes where manufacturing value comes from.  In particular, Uchida takes a look at the automobile market, comparing the difference between manufacturing in Japan and the United States.

Zheng Wang, "Valuation and Integration of Intangible Assets in Mergers and Acquisitions"

In modern economies, a large proportion of a company's assets tend to be intangible, such as brand names.  Intangible assets have become one of the key factors behind a company's competitive strength.  In particular, obtaining a target's intangible assets has been the major driving force in M&A activities during the past years.

M&A for intangible assets tends to be more complicated than for tangible assets, mainly due to the challenges in terms of valuation and post-deal integration.  In this research presentation, Wang analyzes some special issues in valuation and integration of intangible assets in M&As, and tries to draw useful lessons on M&A for intangible assets through case study.

This lecture will examine the origins of the Cold War in East Asia, how early the Cold War came to Korea, how the Korean War transformed the containment doctrine, how it solidified the continuing divisions in East Asia, and how it transformed defense policy in the United States, leading to a far-flung structure of seemingly permanent military bases in South Korea, Japan, Germany, and many more countries that lasts down to 2010.  Professor Cumings will also examine problems of history and memory regarding what most Americans call "the forgotten war."

Bruce Cumings teaches international history, modern Korean history and East Asian political economy at the University of Chicago, where he has taught since 1987 and where he is the Gustavus F. and Ann M. Swift Distinguished Service Professor and the chairman of the History Department.  He received his Ph.D. from Columbia University in 1975. He has taught at Swarthmore College (1975-77), the University of Washington (1977-86), and Northwestern University (1994-97). He is the author of the two-volume study, The Origins of the Korean War (Princeton University Press, 1981, 1990), War and Television (Visal-Routledge, 1992), Korea's Place in the Sun: A Modern History (W. W. Norton, 1997; updated ed. 2005), Parallax Visions: Making Sense of American—East Asian Relations (Duke University Press, 1999; paperback 2002), North Korea: Another Country (New Press, 2003), co-author of Inventing the Axis of Evil  (New Press, 2004), and is the editor of the modern volume of the Cambridge History of Korea (forthcoming). He is a frequent contributor to The London Review of Books, The Nation, Current History, the Bulletin of the Atomic Scientists, and Le Monde Diplomatique. The first volume of his Origins won the John King Fairbank book award of the American Historical Association for the best book on East Asia in the previous two years, and the second volume won the Quincy Wright book award of the International Studies Association. He was elected to the American Academy of Arts and Sciences in 1999, and is the recipient of fellowships from the Ford Foundation-funded Foreign Area Fellows program, NEH, the MacArthur Foundation, the Center for Advanced Study at Stanford, and the Abe Fellowship Program of the Social Science Research Council. He was also the principal historical consultant for the Thames Television/PBS 6-hour documentary, Korea: The Unknown War. He recently published Dominion From Sea to Sea: Pacific Ascendancy and American Power, which was ranked as one of the top 25 books of 2009 by the Atlantic Monthly. Random House will publish his short book, The Korean War, on the war’s 60th anniversary in 2010. He is also contracted to publish a new, single-volume synoptic edition of The Origins of the Korean War.

Focus

In 2008, for the first time a majority of the world's population lived in cities. Rapidly rising standards of living and migration are contributing to an unprecedented worldwide surge in urbanization--in China alone, if trends continue, by 2025 more than 220 cities will each have more than one million inhabitants. The explosive growth of cities around the Pacific has widespread implications for energy use and has led to the demand for cities to become both smart and green.

But while billions of dollars of investments are pouring into urban energy solutions, and around the Pacific "low-carbon cities" and "eco-cities" are moving center stage, there are enormous challenges (and opportunities) facing the effective application of information technologies (IT), other innovative technologies and industrial growth.

The intersection of IT and environmental sustainability on the urban scale will require a complex integration of expertise, tools, and know-how from multiple disciplines--from building design and real estate development, to mobility and water systems, IT hardware and software, and energy providers. Although innovations in strategies and implementation are evolving quickly in pockets of excellence around the globe, early results have been highly uneven. Frameworks for understanding and analysis are still fragmented, innovative design and implementation rapidly changing, and best practices have yet to be defined.

Purpose
Led by SPRIE at Stanford University, this conference aims to gather an elite group of experts, decision makers, and thought leaders from across disciplines and geographical boundaries to focus on smart green cities around the Pacific. Participants will:

• Pursue a deeper understanding of the complex interactions among the key drivers that impact the extent that cities are green and smart
• Focus on core challenges of capitalizing on opportunities and overcoming obstacles--technological, economic, behavioral or political
• Explore what innovations in strategy or practice are leading to positive outcomes, including human livability, financial viability, economic vitality, and environmental sustainability
• Discuss implications for the evolution of markets and development of industries 
• Lay the groundwork for future actions, such as industry strategies, research agendas, and policy recommendations

Participants
"Smart Green Cities" will invite a select group of government, business, and academic leaders from the United States and Asia for two days of expert presentations and fruitful discussion at Stanford University. The summit will enable participants to better lead to improved strategy, action, and outcomes for building the next generation of smart green cities.

Agenda
Agenda is preliminary and not all speakers are confirmed. Please download below

Sponsors
Many thanks to our sponsors for making this event possible. 

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