Business
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Corporate Affiliate Visiting Fellow, 2014-15
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Yasunori Matsui is a corporate affiliate visiting fellow at the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) for 2014-15. He started his career in 1991 as a software engineer for Mitsubishi Electric Corporation, Tokyo, Japan. Matsui has been engaged in designing and consulting ERP systems for several Japanese manufacturing industry companies, as well as managing software development teams. His product system is structured to perform integrated management of all company duties. Matsui graduated from Kinki University with a B.S. in mathematical and physical sciences.

Shorenstein APARCStanford UniversityEncina Hall E301Stanford,  CA  94305-6055
(650) 723-6530
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Visiting Scholar
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Kyeongsik Cho joins the Shorenstein APARC during the 2014-2015 academic year from the Ministry of Science, ICT and Future Planning (MSIP) in Korea where he serves as a director general. His research interests encompass how the US is currently solving national issues that involve slow growth, unemployment and how scientific technologies and ICT are used in solving those problems. Kyeongsik Cho holds an MS in finance from the Michigan State University, and a BA in Business Administration from the Korea University.

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Corporate Affiliate Visiting Fellow, 2014-16
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Wataru Fukuda is a corporate affiliate visiting fellow at the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) for 2014-15 and 2015-16.  He has worked for the Shizuoka Prefectural Government in Japan for over 10 years, representing Shizuoka, the "home of Mt. Fuji".  He has experience in both international and domestic marketing of tourism.  During his fellowship at Shorenstein APARC, his research will focus on inbound tourism, destination marketing and promotion.

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Improving the environment for business is an important part of the growth strategy of Abenomics. As the goal for this effort, the Abe Administration aims to improve Japan’s rank in the World Bank Doing Business Ranking to one of the top three among OECD. This paper clarifies what it takes for Japan to achieve the goal. By looking at details of the World Bank Doing Business ranking, we identify various reforms that Japan could implement to improve the ranking. Then, we classify the reforms into six groups depending on whether the reform requires legal changes and on political resistance that the reform is likely to face. By just doing the reforms that do not require legal changes and are not likely to face strong political opposition, Japan can improve the ranking to 13th. To be in the top 3, Japan would need to implement all the reforms that are not likely to face strong political resistance. The conclusions, however, are based on the assumption that the conditions in the other countries do not change, which is unrealistic. Thus, Japan would need to carry out all the reforms including those with high political resistance to be among the top three.

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Publication Type
Working Papers
Publication Date
Authors
Takeo Hoshi
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GOVERNORS' MEETING IN SILICON VALLEY

U.S.-Japan Economic Collaboration at the State-Prefecture Level

 

July 28, 2014

MacCaw Hall at Arrillaga Alumni Center, Stanford University

 

This July, as part of the U.S.-Japan Council’s (USJC) Governors’ Circle Initiative, USJC and The Walter H. Shorenstein Asia-Pacific Research Center (APARC) will convene a Japan Governors’ Meeting in Silicon Valley. Governors from six prefectures, namely Fukuoka, Hiroshima, Oita, Okayama, Saga and Shizuoka, have confirmed their attendance, and each plans to bring a delegation of business leaders and government officials involved in bilateral economic collaboration. These governors are interested in the state of California, particularly Silicon Valley, as a leader in the fields of IT, biomedical/healthcare, automobile technology, clean energy and consumer goods. This event will serve as a catalyst for select Japanese prefectures to connect with the Silicon Valley’s innovative companies, pilot projects, and state-of-the-art technologies across a number of sectors, including technology licensing, market development, manufacturing agreements, investments, joint ventures, and strategic partnerships.

For registration, please visit http://bit.ly/GovCircle    

 

Date: July 28:  Plenary Session and Networking Reception/Sake Tasting (Open to Public)  

2:00 - 2:15 pm:    Opening Remarks

2:15- 2:45 pm:     Presentation by the Director of Stanford’s Freeman Spogli Institute for International Studies (FSI)

2:45 – 4:00 pm:   Governors’ Panel Discussion on Prefectures’ Economic Collaboration Targets and Collaboration with Silicon Valley

4:00 - 4:15 pm:    Break

4:15 - 5:15 pm:    Presentations:  “How Stanford Played a Significant Role in Creating New Businesses Collaborations in Silicon Valley”

5:15 - 5:30 pm:    Closing Remarks

5:30 – 7:30 pm:  Networking Reception

Frances C. Arrillaga Alumni Center

Conferences

A central focus of the research efforts at Shorenstein APARC is to analyze the bridges linking Asia and the United States. As the Asian diaspora continues to grow in America and across the world, new possibilities have emerged for migrants who become integrated into their host societies while remaining engaged with their home societies. Such trans-migration creates new innovation and trade opportunities for both Asia and the United States, as a positive-sum game where both sides benefit.

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China’s giant automobile market continues to grow robustly, but its once thriving domestic producers have lost ground recently to global auto giants such as Volkswagen and GM. The excessive optimism of the past, however, has given birth to unwarranted pessimism about the future. The tangled legacy of China’s automotive policy has created numerous dilemmas, but it has also helped to create significant capabilities. A comparison of developments in China with those of other developing economies in East Asia suggests that institutions for promoting industrial upgrading have played a significant role in enabling some countries, such as China and South Korea, to deepen their industrial bases, while others either remain limited to assembling foreign models (as in Thailand and now Indonesia) or have failed to develop a sustainable automobile industry at all (as in the Philippines and even Malaysia). China faces tough policy choices, but it is likely to move, however reluctantly, in a more liberal and competitive direction.

Gregory W. Noble’s specialty is the comparative political economy of East Asia. His many publications include “The Chinese Auto Industry as Challenge, Opportunity, and Partner” in The Third Globalization (2013); “Japanese and American Perspectives on Regionalism in East Asia,” International Relations of the Asia-Pacific (2008); “Executioner or Disciplinarian: WTO Accession and the Chinese Auto Industry,” Business and Politics (co-authored, 2005); The Asian Financial Crisis and the Architecture of Global Finance (co-edited, 2000); and Collective Action in East Asia: How Ruling Parties Shape Industrial Policy (1999). After receiving his Ph.D. from Harvard University’s Department of Government, he taught at the University of California and the Australian National University before moving to Tokyo.

China Drives into the Future: Automotive Upgrading in East Asia Today
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Daniel and Nancy Okimoto Conference Room

Gregory W. Noble Professor, Institute of Social Science Speaker University of Tokyo
Seminars
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Economists and business scholars have long tried to construct theoretical models that can explain economic growth and development in emerging economies, but Western models have not always been fully applicable to developing economies, particularly in Asia, due to differences in political, economic and social systems. Created to address this gap, the ABCD framework of K-Strategy is a more nearly universal approach showing how inherent disadvantages can be overcome and competitive advantages achieved. Using the ABCD framework, the lecturer will analyze Korea’s success at both national and corporate levels since the 1960s and discuss the framework’s implications for Korea’s future government policies and corporate strategies. He will also demonstrate the ABCD framework’s applicability to other countries. Hwy-Chang Moon, dean of Seoul National University’s graduate school of international studies, has done extensive research and theoretical work on the ABCD framework.

Hwy-Chang Moon received his PhD from the University of Washington and is currently a professor of international business and strategy in the graduate school of international studies at Seoul National University. Professor Moon has taught at the University of Washington, University of the Pacific, State University of New York at Stony Brook, Helsinki School of Economics, Kyushu University, Keio University, Hitotsubashi University, and other executive and special programs in various organizations. On topics such as international business strategy, foreign direct investment, corporate social responsibility, and cross-cultural management, Professor Moon has published numerous journal articles and books. He is currently the editor-in-chief of the Journal of International Business and Economy, an international academic journal. Professor Moon has conducted consulting and research projects for several multinational companies, international organizations (APEC, World Bank, and UNCTAD), and governments (Malaysia, Dubai, Azerbaijan, and Guangdong Province of China). For interviews and debates on international economy and business, he has been invited by international newspapers and media, including New York Times and NHK World TV.

This event is made possible through the generous support of the Koret Foundation.

Philippines Conference Room

Hwy-Chang Moon Dean, Graduate School of International Studies; Professor of International Business and Strategy Speaker Seoul National University
Seminars
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In this session of the Shorenstein APARC Corporate Affiliate Visiting Fellows Research Presentations, the following will be presented:

Guangmu Liu, "International Strategy of Drilling Enterprise of China National Petroleum Corporation"

Keiichi Uruga, "Industrial Policy Under the Default of Japanese Government Bond"

Tun Wang, "The Financial Market Trading Business in U.S. Banks"

Kenji Yanada, "Heightening of Banking Regulations and Banking Supervision"

Philippines Conference Room

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Corporate Affiliate Visiting Fellow, 2013-14
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Guangmu Liu is a corporate affiliate visiting fellow at the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) for 2013-14.  He has worked at BoHai Drilling Company (BHDC), a subsidiary company of China National Petroleum Company (CNPC) for 22 years.  His positions included the vice manager of the second drilling company and general manager of the number one drilling company, and most recently, he was responsible for the overseas market.  Currently, he serves as the assistant president of BHDC.  Liu received his bachelor's degree from the University of Geology of Chengdu and his master's degree in the oil and gas field from JiangHan Petroleum University.

Guangmu Liu PetroChina Speaker
Keiichi Uruga Ministry of Economy, Trade & Industry, Japan Speaker
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Corporate Affiliate Visiting Fellow
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Tun Wang is a corporate affiliate visiting fellow at the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) for 2013-14.  Wang has worked at the Industrial and Commercial Bank of China (ICBC) for 17 years.  Currently, he is the deputy head of the Global Market Department in the head office in Beijing.  He received his bachelor's degree in Electronics and IT Systems from Ocean University of China and his master's degree in Finance from the Graduate School of People's Bank of China. His work experience and research activities focus on financial market trading business.

Tun Wang Industrial and Commercial Bank of China Speaker
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Corporate Affiliate Visiting Fellow
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Kenji Yanada is a corporate affiliate visiting fellow at the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) for 2013-14.  Prior to joining Shorenstein APARC, he started his career in 1984 as a banker for Fuji Bank (currently Mizuho Bank).  After 20 years of experience as a banker, Yanada served as deputy director at the Government of Japan's Financial Services Agency (FSA), where he was in charge of supervising banks and analyzing for financial institutions.  Yanada graduated from Keio University with a bachelor's degree in economics.

Kenji Yanada Ministry of Finance, Japan Speaker
Seminars
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