Asia's generally dismal record up to 1990 as a provider of brand-name services, despite efforts by Japan and Korea in banking, retail and software, turned around in the 1990s with the rise of China and India. India, particularly, has made its name providing IT-enabled services. While the exports were initially confined to software programming and later call-centers, after 2000 the range and depth of work changed dramatically.
Under what conditions are autocratic regimes apt to break down when popular protests against them break out? Prof. Lee will showcase and explain the decisive role of armed forces in reinforcing or undermining the prolongation of authoritarian rule. He will offer a theoretical framework and illustrate it with two contrasting cases: the June 1989 massacre at Tiananmen Square, where the Chinese military suppressed protesters and safeguarded the regime; and the People Power revolt in Manila in February 1986, when the Philippine military swung its weight in favor of liberalization.
Terence Lee is associate editor of Armed Forces and Society. His writings have appeared in Asian Survey, Armed Forces and Society, Comparative Political Studies, and Foreign Policy. He studies civil-military relations, military organizations, and international security; other interests include Southeast Asian politics and political science theories. He was formerly an assistant professor in the S. Rajaratnam School of International Studies at Nanyang Technological University (Singapore), and a postdoctoral fellow in the John M. Olin Institute for Strategic Studies at Harvard. His PhD and MA are in political science from the University of Washington, Seattle. Other degrees include a master’s in strategic studies from NTU and a University of Wisconsin-Madison BA (with Distinction) in political science and Southeast Asian Studies.
Daniel and Nancy Okimoto Conference Room
Aims The prevalence of Type 2 diabetes mellitus (DM) has grown rapidly, but little is known about the drivers of inpatient spending in low- and middle-income countries. This study aims to compare the clinical presentation and expenditure on hospital admission for inpatients with a primary diagnosis of Type 2 DM in India, China, Thailand and Malaysia.
Methods We analysed data on adult, Type 2 DM patients admitted between 2005 and 2008 to five tertiary hospitals in the four countries, reporting expenditures relative to income per capita in 2007.
Results Hospital admission spending for diabetic inpatients with no complications ranged from 11 to 75% of per-capita income. Spending for patients with complications ranged from 6% to over 300% more than spending for patients without complications treated at the same hospital. Glycated haemoglobin was significantly higher for the uninsured patients, compared with insured patients, in India (8.6 vs. 8.1%), Hangzhou, China (9.0 vs. 8.1%), and Shandong, China (10.9 vs. 9.9%). When the hospital admission expenditures of the insured and uninsured patients were statistically different in India and China, the uninsured always spent less than the insured patients.
Conclusions With the rising prevalence of DM, households and health systems in these countries will face greater economic burdens. The returns to investment in preventing diabetic complications appear substantial. Countries with large out-of-pocket financing burdens such as India and China are associated with the widest gaps in resource use between insured and uninsured patients. This probably reflects both overuse by the insured and underuse by the uninsured.
One prominent feature of Japanese automobile manufacturing in the postwar period was a system of sourcing parts from closely affiliated smaller firms in long-term, stable relations.
Changes in the global automobile industry have made that system too expensive. Increasing competitive pressures resulting from global excess capacity in the early 2000s and have forced a transformation in the business model of the automotive industry. Modulization and a switch to "global best sourcing" for standard parts have turned the previous logic of Japanese subcontracting on its head, as first-tier suppliers become even closer partners of large assemblers, while small firms become replaceable. Mergers and joint ventures have changed the structure of Japan's auto part industry, resulting in larger firms that compete globally. Undergoing a transformation toward cost-cutting and increased technological capabilities in the late 1990s and early 2000s has afforded these firms a fortuitous head start in preparing for the global auto crisis of 2008/09, which is threatening to wipe out smaller parts markers around the globe.
Shorenstein APARC
Stanford University
Encina Hall, E301
Stanford, CA 94305-6055
Kevin Y. Kim is a Ph.D. candidate in History at Stanford University. He specializes in 20th century U.S. foreign relations, with an emphasis on U.S.-Asia relations. He currently is completing a dissertation titled, “Forging the Free World: Korea, U.S. Leaders, and the World, 1948-1954.” This study examines the impact of the Korean War upon the evolution of U.S. national leaders’ foreign policy ideas on strategy, economy, race, and world politics. Influenced by “constructivist” approaches and traditional historical methods, his dissertation explores the Korean War period as a formative moment in the construction of contemporary U.S. liberal and conservative foreign policy beliefs.
Before entering graduate school, Kim was a Fulbright fellow in South Korea from 2001 to 2002, where he taught English in a Daejeon public middle school and studied Korean language and U.S.-Asia relations at various institutions. He also briefly pursued a career in journalism, and has written on culture, domestic politics, and international affairs for publications such as The Nation, The Progressive, Far Eastern Economic Review, South China Morning Post, and The Village Voice.
Kim received his M.A. in History from Stanford University and a B.A. in English and Comparative Literature from Columbia University. He was born and raised in the New York City metropolitan area.
This presentation will compare the more mature venture capital markets of the United States, Europe, and Israel with the larger emerging venture capital markets of China and India.
Most analyses being presented are as recent as the second and third quarters of 2009 and will include:
The methodology used in the analysis differs from the traditional Western model (comparison by round), since the investment patterns in emerging markets are very different.
About the speaker:
Dr. Martin Haemmig's venture capital research covers 13 countries in Asia, Europe, Israel, and USA. He lectures and/or performs research at numerous universities across the U.S., Europe, China and India. He has authored books on the Globalization of Venture Capital. He is Senior Advisor on Venture Capital at SPRIE and advises on venture capital for China's Zhongguancun Science Park. Martin Haemmig earned his electronics degree in Switzerland and his MBA and doctorate in California, and worked for almost 20 years in global high-tech companies in Asia, Europe and the U.S. before returning to his academic career. He became Swiss national champion in marketing in 1994.
Philippines Conference Room
Formal venture capital investing in Silicon Valley has been underway for more than 50 years. It was in the Valley that the limited partnership format was first used for venture capital. Whereas, originally Silicon Valley VCs were mostly from a finance background, very early on individuals with operating experience formed or joined partnerships.
Perhaps most important was the tight linkages between the venture capitalists and the nearly continuous evolution of information technologies. The enormous returns from information technologies enabled Silicon Valley VCs to make very early investments in other technologies ranging from biotechnology to nanotechnology. These returns also encouraged high levels of risk-taking.
Through the use of a historical perspective, the concluding remarks will reflect upon the current dire straits for venture capital.
Martin Kenney is a Professor at the University of California, Davis, a Senior Project Director at the Berkeley Roundtable on the International Economy, as well as a fellow at the Center for Entrepreneurship at UC Davis. He has authored or edited five books and over 120 scholarly articles on the globalization of services, the history of venture capital, university-industry relations, and the development of Silicon Valley. His two recent edited books Understanding Silicon Valley and Locating Global Advantage (with Richard Florida) were published by Stanford University Press where he is the editor of a book series in innovation and globalization. Currently, he is preparing a book on the history and globalization of the venture capital industry.
Philippines Conference Room
