Business
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Minoru Aosaki, "International Banking Regulation after the Financial Crisis: Economic Impacts and Policy Challenges in the US, Japan, and the EU"

To address lessons of the financial crisis, the Basel Committee introduced a new international framework on banking regulations, known as Basel III. The world leaders subsequently committed to implement it at the last G20 summit meeting. A current key issue is how regulators in each country should/can transform their current regulatory regime to the new regime under their own economic and regulatory environments. To consider the issue, Aosaki examines how economic costs and benefits of the regulatory reform would vary among countries and discusses policy challenges of the regulators to ensure the benefits and mitigate the costs.


Pradnya Palande, "Population Dynamics: A New Approach in Understanding Cancer Development"

Cancer, the most vicious and hard to cure disease, results from an accumulation of genetic alterations best known as mutations, in our body. These mutations constantly keep evolving by natural selection. A consequence of this evolution is that a cancer treatment will tend to kill the susceptible cells but will leave the resistant ones to flourish. A few months later, the cancer will reappear and will be resistant to previous treatment. Hence studying the population dynamics of cancer will provide insight into development of cancer and will help in developing better methods for cancer prevention and therapy.

Palande has concentrated her research on population dynamics of cancer cells in chronic myeloid leukemia, a type of blood cancer. She is trying to study the role of the antibody diversification enzyme, namely Activation Induced cytidine Deaminase (AID), in the generation of mutations associated with cancer progression and drug resistance in chronic myeloid leukemia.

Naoki Takeuchi, "Energy Policies, Clean Technologies, and Business Innovations in the United States"

In January 2011, at his State of the Union speech, President Obama suggested setting a goal that 80% of electricity will come from clean energy sources in the United States by 2035. He also suggested that the United States will become the first country to have a million electric vehicles on the road by 2015. 

In Takeuchi's research, he tries to understand the dynamic interactions among government energy policies, clean technologies, and business innovations in the United States. His research includes an overview of federal energy policies (both regulations and incentives), an overview of California State government policies, recent trends of clean technologies, venture capital investments in cleantech companies, and major areas of clean technologies and business innovations. In this presentation, Takeuchi will present case studies focusing on cleantech companies in the Silicon Valley.

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Corporate Affiliate Visiting Fellow
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Minoru Aosaki is a corporate affiliate visiting fellow at the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) for 2010–11 and 2011–12. Prior to joining Shorenstein APARC, he was deputy director for international banking regulations at the Government of Japan's Financial Services Agency, where he was responsible for developing bank regulatory standards as a member of groups of the Basel Committee on Banking Supervision. Before 2008, he worked for Japan's Ministry of Finance and drafted the ministry's policy-position papers on the International Monetary Fund and also participated in the communiqué drafting processes at the G7 and G20 meetings.

During his time at Shorenstein APARC, Aosaki researches policy responses to the recent financial crisis with the support of Dr. Michael Armacost, and discussed at seminars and conferences at Stanford University, Cornell University, and Harvard University.  He received a bachelor of law degree (LL.B.) from Hitotsubashi University in 2001, a master of public administration degree (MPA) from Syracuse University in 2004, and a master of law degree (LL.M.) from Cornell Law School in 2005.
 

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Minoru Aosaki Speaker Ministry of Finance, Japan
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Corporate Affiliate Visiting Fellow
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Pradnya Palande is a corporate affiliate visiting fellow at Shorenstein APARC for 2010-11. Prior to joining Shorenstein APARC, she has been working with Reliance Life Sciences Pvt .Ltd. (India) since 2001. She is a senior research scientist in the Therapeutic proteins group. Her job responsibilities include cloning and expression of theraputic proteins. She also has been working on isolating genes of Mabs from mouse cell lines and analyzing CDRs which will lead to the development of chimeric and humanized monoclonal antibodies for therapeutic uses. 
Pradnya is a post graduate in Zoology with a specialization in animal physiology. She has also worked as a faculty to undergraduate students for a few months after her post graduation.

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Pradnya Palande Speaker Reliance Industries
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Corporate Affiliate Visiting Fellow
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Naoki Takeuchi is a corporate affiliate visiting fellow at Shorenstein APARC for 2010-11.  Prior to joining Shorenstein APARC, he worked at the Development Bank of Japan Inc. (DBJ) for sixteen years.  Takeuchi's experience at DBJ include venture capital, M&A, corporate restructuring, private equity, and buyout finance.  Takeuchi graduated from the University of Tokyo with a BA in Economics in 1994.  He received his MBA from Carnegie Mellon University in 2002.

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Naoki Takeuchi Speaker Development Bank of Japan
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In this session of the Shorenstein APARC Corporate Affiliate Visiting Fellows Research Presentations, the following will be presented:

Toshifumi Kadowaki, "The Keys to Successful M&As in High-Tech Industries - Based on a Study of the HP-Compaq Merger"

Mergers and acquisitions (M&As) are tactics, not strategy.  Successful M&As, however, can be considered one of the most useful tactics in realizing corporate strategy because M&As often save time and can even save money and reduce risk.  Many high-tech companies, therefore, have made a large number of M&As recently.  Numerous empirical studies, though, have shown that most M&As fail. Through the case study of the Hewlett Packard-Compaq merger, Kadowaki analyzes what makes M&As successful and what causes them to fail.

Oshie Sato, "Dawn of a new Era in the Video Industry - Impact of Smart TVs from a Historical Perspective of Broadcasting and Movie Industries in the United States and Japan"

After prospering for more than a half century both in the United States and Japan, the broadcasting and movie industries have reached a turning point of their business models.  This is due mostly to the rise of competition with the Internet since the late 1990s and a global recession led by Lehman's fall in 2008.  What will happen to these industries in the U.S. and Japan over the next decade?  Sato analyzes a future picture of the broadcasting and movie industries, focusing on the impact of smart TVs - next-generation video devices such as Google TV and Apple TV.

Sonya Vasudeva, "Pharmacogenetics in Cancer:  Steps Towards Personalized Medicine"

The variability in clinical response to drug treatment has been well known for decades.  An era of pharmacogenetics started almost fifty years ago when it was recognized that a part of this variation is inherited, and can therefore be predictable.  With the wealth of information readily available online, the promise of personalized medicine looms large, but the generalization into clinical applications of pharmacogenomics has been more challenging.  In Vasudeva's research, she shares examples of tests, which are integrated by USA FDA and EMA into drug lables, one example being K Ras mutation for metastatic colorectal cancer.  Vasudeva argues that the increased availability of such tests may transform the field of medical oncology, moving treatment from the "one size fits all" approach to a personalized therapy based on variations in an individual genome.

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Corporate Affiliate Visiting Fellow
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Toshifumi Kadowaki is a corporate affiliate visiting fellow at Shorenstein APARC for 2010-2011. Prior to joining Shorenstein APARC, he has worked for the IT solution department at Sumitomo Corporation, one of the major trading and investment conglomerates in Japan. He was responsible for planning the business growth strategy, including M&A strategy, and supporting the management of the subsidiaries. He also has 5 years experience of investing in start-up companies. He graduated from Waseda University with a BA in Commerce.

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Toshifumi Kadowaki Speaker Sumitomo Corporation
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Corporate Affiliate Visiting Fellow
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Oshie Sato is a corporate affiliate visiting fellow at Shorenstein APARC for 2010-11.  Prior to joining Shorenstein APARC, he has worked at Sumitomo Corporation, one of the major trading and investment conglomerates in Japan for ten years.  After joining Sumitomo, he has been engaged in management of some of Sumitomo's affiliated companies such as internet streaming channel, CATV broadcasting channel and film distribution company in media industries.

He graduated from Waseda University with a degree in Politics and Economics.

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Oshie Sato Speaker Sumitomo Corporation
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Corporate Affiliate Visiting Fellow
Vasudeva.JPG MD

Dr Sonya Vasudeva is a corporate affiliate visiting fellow at Shorenstein APARC for 2010-11. 
She has 9 years of experience in medical & marketing functions. Has been working with Reliance Life Sciences in India since 6 years and has been Heading the medical affairs Oncology department.  She has also been managing the medical function with key result areas of medical training for fieldforce, conducting CMEs and an active doctor query management service. She graduated with her MBBS from JNMC Belgaum and her MBA from International Management Institute in New Delhi, India.

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Sonya Vasudeva Speaker Reliance Industries
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Brochure for STAJE April conference

The meeting will bring together over 30 scholars on Japan to discuss new developments in Japan, including potential opportunities opening up after the Great Eastern Japan Earthquake. We will have 22 paper presenters and discussants, with topics ranging from new firm profitability, the politics of firm creation, management of innovation, and large firm entrepreneurial processes in Japan. The goal is to lead to a better understanding of the nature of entrepreneurship, and how analyses of Japan might inform more theoretical discussions.

Also, in view of the disastrous earthquake and tsunami that has recently afflicted Japan, the conference will feature a panel of prominent experts on Japan's economic, social systems, business, and government who will discuss the effects of the great earthquake on research and today's Japan.

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Duncan Clark, Visiting Scholar at SPRIE and Chairman/Founder of Beijing-based investment advisory firm BDA China, spoke to a packed room at a seminar titled "Life after Google? The Way Forward for US Internet Firms and Investors in China", hosted by SPRIE, about the appeal and complexities of China's dynamic internet sector. The talk is part of SPRIE's ongoing series of speaker events, seminars and conferences entitled "China 2.0: The Rise of a Digital Superpower".

China's internet population will soon be double that of the US. China is home to a thriving market for social networking, games, e-commerce and other applications. While many individual and institutional investors in Chinese internet firms have profited from this growth, US internet firms themselves have struggled to gain a foothold. In fact a number of the most iconic internet firms in the US - including eBay, Yahoo and Google - have either pulled out of China or significantly scaled back their expectations for the market. Why?
Censorship and government restrictions are often pointed to as the principal cause. Is this justified, or does it sometimes serve as a convenient excuse for other factors such as management missteps?

Certainly Google placed blame squarely with the Chinese government, citing the growing burden of censorship and sophisticated attacks on Gmail as principal motivations for its 2010 decision to scale back its China business. In his 45-minute talk, Clark discussed the implications of Google's move, both for the company (and the benefits to its main competitor Baidu) and for a new wave of US internet companies who are evaluating the market (such as Facebook) or who have recently entered the market (such as Groupon).

Clark explored the psyche driving the Chinese government's approach to internet restrictions and the varying degrees of sensitivity associated with online activities such as social networking, email/IM, games and e-commerce. He also discussed the risks faced by Chinese internet founders/CEOs as they balance the need to serve customers and the stock market with serving the requirements and expectations of the Chinese government and the Communist Party.

The talk reviewed in turn the experience of various US internet companies in China and how elusive the right formula for success can be.

Clark concluded with a discussion of the more positive of US individual and institutional investors. While competitive risks remain substantial, backing Chinese management teams to some extent insulates investors from the vagaries of government regulation. Chinese internet firms such as Baidu, Tencent and Taobao have emerged as some of the world's most highly visited and most valuable sites. Clark explored the questions of how sustainable are their positions in China, and whether these firms can demonstrate an ability to innovate and extend their reach beyond China's shores.

Duncan Clark and Marguerite Gong Hancock, associate director of SPRIE, are continuing their research into these and other topics as part of SPRIE's China 2.0: The Rise of a Digital Superpower project. SPRIE looks forward to the perspectives of upcoming invited speakers as the program keeps apace with the fast growing but unpredictable China internet market.

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Duncan Clark, visiting scholar at SPRIE, gave a talk at Stanford on "Life after Google? The way forward for US internet firms and investors in China" on April 13, 2011.
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About the Seminar

There are more than 120 million Chinese gamers, and nearly every one of them plays online games. Online games are a primary source of entertainment in China, and Chinese online game operators are the companies that enable the fun. These companies have built expertise in a unique market and have set their sights on global expansion.

Come hear Lisa Cosmas Hanson, Managing Partner of Niko Partners, The Leader in Asian Video Game Market IntelligenceTM, discuss the innovation, excellence and possible points of weakness of the leading Chinese online game operators as they embark upon the quest of taking their talents to the rest of the world.

The seminar will address the following questions:

  • Who are the leading Chinese online game operators?
  • What was their impetus for growth and innovation?
  • In what ways are these companies leading their global competitors?
  • In what ways are these companies lagging their global competitors?
  • What is the history and potential future for foreign game companies in China's online games market and for Chinese companies overseas?

About the speaker

Lisa Cosmas Hanson is the managing partner and founder of Niko Partners, The Leader in Asian Video Game Market IntelligenceTM. Her responsibility includes client relations, research and analysis, business development, operations and partnerships. Lisa founded Niko Partners in 2000 and has since developed expertise on the Chinese and Southeast Asian online games industries that has benefited Niko's clients, companies that are global leaders in game publishing, game services, hardware and investments.

Lisa has spent 17 years honing her experience in management positions and in the roles of Asian and specifically Chinese market research analyst, Asian and Chinese market entry consultant, Japanese equities analyst, and U.S.-Japan economic policy analyst. She has been a well-regarded speaker on global technology markets for many years.

Lisa has lived and worked in New York, Washington, D.C., Los Angeles, San Francisco, San Jose, Tokyo and London, and makes frequent trips to Shanghai and Beijing for Niko Partners. Her past U.S.-based international business roles included extensive travel throughout Asia and Europe. Lisa speaks Japanese and is studying Mandarin. She earned an MA in international economic policy from American University in Washington, D.C., and a BA in political science and international affairs from the University of California, Los Angeles. She believes in peace through intercultural understanding, hence she volunteers her time for AFS Intercultural Programs, a leading global student exchange program organization.

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Lisa Cosmas Hanson Managing Partner Speaker Niko Partners
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