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12:00 p.m. Akira Kobayashi, Japan Patent Office (DO) "How to Handle Patents in Venture Companies" 12:20 p.m. Joseph Huang, AllCan Investment Company (MH) "Venture Capitals and Entrepreneurship in the Silicon Valley and the Greater China Region" 12:40 p.m. Seishi Nakatani, Shiraimatsu Pharmaceutical (DO) "Evaluation of the IT Industry Potential" 1:00 p.m. Tetsuo Fujita, Japan Research Institute (GS) "The Role of Information Technology on the Economic Development of Japan" 1:20 p.m. Makoto Kawashima, Ministry of Finance (DO) "Recent Changes to the Banking Business Model and the U.S. Response" 1:40 p.m. Eui Yong Chung, Samsung Company (GS) "Collaboration Between the U.S. and Korea in the Semi-Conductor Industry"

Philippines Conference Room, Encina Hall East, Third Floor

Visiting Fellows Listed Below:
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Philippines Conference Room, Encina Hall Central, Third Floor

June Gordon Professor of Comparative International Education Speaker University of California, Santa Cuz
Seminars
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Ambassador Kato will give a brief talk after which he would like to spend the rest of the hour answering your questions about the relationship between the United States and Japan. Brief Biography of Ryozo Kato, Ambassador Extraordinary and Plenipotentiary of Japan to the United States of America Ryozo Kato was appointed ambassador of Japan to the United States on November 8th. Ambassador Kato graduated from Tokyo University, faculty of law, in 1965, whereupon he entered the Ministry of Foreign Affairs in Japan. He has held numerous posts in the Ministry, including posts director of the Security Affairs Division (1981-1984), Treaties Division (1984-1987), General Affairs Division (1990-1992), North American Affairs Bureau (1992-1994) and as director-general of the Asian Affairs Bureau (1995-1997) and the Foreign Policy Bureau (1997-1999). Most recently, Ambassador Kato was the deputy minister for Foreign Affairs at the Ministry from 1999-2001. He is married to Hanayo and they have three children.

Oksenberg Conference Room

Ambassador Ryozo Kato Japanese Ambassador to the United States Speaker
Conferences
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Lin Shu-ya will discuss the Taiwanese government's reserved land policy that is aimed at aiding indigenous people to be self-sufficient and integrate into mainstream society. This policy has been the main government policy for 50 years even though Ms. Lin argues that collective management might be a better option for the indegenous communities, allowing them to collectively manage their traditional territory. Varamon Ramangkura will discuss te impact of recent WTO free-trade versus the environment disputes on industry in Thailand. Ms Ramangkura will show that pressure from the WTO on the Thai government is forcing the closure of local shrimp farms and reducing the sustainability of this industry in Thailand. Shimamura Kazuyuki will analyze the problems of the land use system in Japan. Even after recent reforms in land use, the municipalities enact undemocratic, informal and opaque local ordinances for land use. Mr. Shimamura argues that the reforms must be adopted by the local governments and made fiscally transparent, be based on the needs of the citizens and that there is a necessity to create a legal foundation for broader delegation, particularly regarding the comprehensive planning system at the municipality level.

Okimoto Conference Room, Encina Hall, third floor, east wing

Lin Shu-ya Fellow Stanford Program in International Legal Studies
Varamon Ramangkura Fellow Stanford Program in International Legal Studies
Shimamura Kazuyuki Fellow Stanford Program in International Legal Studies
Seminars
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Ian Buruma was born in the Netherlands, where he studied Chinese at Leyden University. From 1975 to 1978 he was a research fellow in Japanese cinema at Nihon University College of Arts. He lived in Tokyo until 1980, and worked as a translator, actor, photographer, documentary filmmaker and journalist.

From 1982 to 1986, he was cultural editor for the Far Eastern Economic Review in Hong Kong. During that time he traveled to most parts of Asia. He moved to London in 1990, where he worked for one year as foreign editor for the Spectator. In 1991, he was a fellow at the Wissenschaftskolleg in Berlin. In 1990 he spent a year in Washington, D.C. at the Woodrow Wilson Center for International Scholars, and in 1991 he was the Alistair Horne Fellow at St. Anthony's College, Oxford.

Buruma is a regular contributor to The New York Review of Books, the New York Times Magazine, the New Republic, and other publications in the United States and Europe. He writes a weekly column for The Guardian in London.

Buruma's book The Wages of Guilt analyzes the collective memory of Germany and Japan in the post-war years. Delving into their emotions, thoughts and anger, Buruma tries to uncover how people in both countries dealt with, and are still dealing with, the stigma of being the war aggressors in very different ways.

Join us for a panel discussion of the issues raised in Buruma's book. The panel discussants are Professor's Daniel Okimoto, Shorenstein APARC and Political Science and James Sheehan, History. Professor Thomas Rohlen of Shorenstein APARC will be the moderator.

Bechtel Conference Center

Ian Buruma Author, Journalist Speaker
Thomas P. Rohlen Professor Emeritus Moderator Shorenstein Asia-Pacific Research Center
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Professor of Political Science, Emeritus
D_Okimoto_ALT_headshot.jpg PhD

A specialist on the political economy of Japan, Daniel Okimoto is a senior fellow emeritus of FSI, director emeritus of Shorenstein APARC, and a professor of political science emeritus at Stanford University. His fields of research include comparative political economy, Japanese politics, U.S.-Japan relations, high technology, economic interdependence in Asia, and international security.

During his 25-year tenure at Stanford, Okimoto served as a research fellow at the Hoover Institution and the Northeast Asia-United States Forum on International Policy, the predecessor organization to Shorenstein APARC, within CISAC. He also taught at the Aspen Institute for Humanistic Studies, the Stockholm School of Economics, and the Stanford Center in Berlin.

Okimoto co-founded Shorenstein APARC. He was the vice chairman of the Japan Committee of the National Research Council at the National Academy of Sciences, and of the Advisory Council of the Department of Politics at Princeton University. He received his BA in history from Princeton University, MA in East Asian studies from Harvard University, and PhD in political science from the University of Michigan.

He is the author of numerous books and articles, including Between MITI and the Market: Japanese Industrial Policy for High Technology; co-editor, with Takashi Inoguchi, of The Political Economy of Japan: International Context; and co-author, with Thomas P. Rohlen, of A United States Policy for the Changing Realities of East Asia: Toward a New Consensus.

Director Emeritus, Shorenstein APARC
FSI Senior Fellow, Emeritus
Daniel I. Okimoto Professor Panelist Shorenstein Asia-Pacific Research Center
James Sheehan Professor Panelist Department of History, Stanford University
Lectures
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The recent increase in inward FDI (foreign direct investment) has significantly changed the environment of doing business in Japan. These changes will be examined by a "Stanford couple" who have been based in Tokyo since 1990 and are at the center of many of the most interesting changes taking place in Japanese business society, including telecommunications, software, finance, management consulting, and executive search.

Glen S. Fukushima heads the Japan operations of Cadence Design Systems, the $1.4 billion software company and world leader in EDA (electronic design automation), headquartered in San Jose. Previously, he was President of Arthur D. Little, Japan, the management consulting firm (1998-2000), and Vice President of AT&T Japan Ltd. (1990-1998). In the 1980s, he worked in Washington, D.C. at the Office of the U.S. Trade Representative (USTR) as Director for Japanese Affairs (1985-1988) and Deputy Assistant USTR for Japan and China (1988 1990). He was educated at Stanford, Harvard Graduate School, Harvard Business School, and Harvard Law School.

After graduating from Stanford Business School with an MBA in 1987, Sakie T. Fukushima has worked in strategy management consulting at Bain & Company (1987-1991) and in executive search at Korn/Ferry International, the world's largest executive search firm (1991-), where she has served on the Board of Directors since 1995. She has served as Vice President of the Japan Chapter of the Stanford Business School Alumni Association and as a member of the Board of Directors of the Japan Stanford Association. She received an Ed.M. from the Harvard Graduate School of Education and was educated in Japan at the International Christian University and Seisen College.

Philippines Conference Room, Encina Hall, Third Floor, Central

Sakie T. Fukushima Country Managing Director/Japan, Korn/Ferry International Advisory Council Member, Stanford Business School
Glen S. Fukushima President & CEO, cadence Design Systems, Japan Former President, American Chamber of Commerce in Japan
Seminars
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Professor Campbell will discuss Japan's new public, mandatory, long-term care insurance program: does it make sense as social policy? As economic policy? Professor Creighton has long been interested in the relationship between politics and substantive public policy, and in the way policies change upon implementation. He has pursued this interest mostly in the context of the Japanese political system, and in this talk he will apply his framework to Japan's foray into socialized care for the elderly.

Okimoto Conference Room, Third Floor, East Wing, Encina Hall

John Creighton Campbell Professor of Political Science Speaker University of Michigan
Workshops
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In this book Takeo Hoshi and Anil Kashyap examine the history of the Japanese financial system, from its nineteenth-century beginnings through the collapse of the 1990s that concluded with sweeping reforms. Combining financial theory with new data and original case studies, they show why the Japanese financial system developed as it did and how its history affects its ongoing evolution.

The authors describe four major periods within Japan's financial history and speculate on the fifth, into which Japan is now moving. Throughout, they focus on four questions: How do households hold their savings? How is business financing provided? What range of services do banks provide? And what is the nature and extent of bank involvement in the management of firms? The answers provide a framework for analyzing the history of the past 150 years, as well as implications of the just-completed reforms known as the "Japanese Big Bang."

Hoshi and Kashyap show that the largely successful era of bank dominance in postwar Japan is over, largely because deregulation has exposed the banks to competition from capital markets and foreign competitors. The banks are destined to shrink as households change their savings patterns and their customers continue to migrate to new funding sources. Securities markets are set to re-emerge as central to corporate finance and governance.


"This book is a fascinating analysis of the past, present, and future of the Japanese financial system. It sheds a great deal of light on Japan's current troubles and their potential solution." 

-Ben S. Bernanke, Howard Harrison and Gabrielle Snyder Beck Professor of Economics and Public Affairs, Princeton University

 

"Hoshi and Kashyap crystallize much of their high-quality research in this book. Corporate Financing and Government in Japan tells of the rise and fall of banking dominance over Japanese corporations with historical accounts, economic theory, and summaries of empirical analysis. The book will be an authoritative read for a wide-ranging audience, including college students, MBA students, and scholars in the field." 

-Takatoshi Ito, Professor, Hitotsubashi University

 

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Publication Type
Books
Publication Date
Journal Publisher
The MIT Press
Authors
Takeo Hoshi
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