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Corporate Affiliate Visiting Fellow
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Takeshi Kondo is a Corporate Affiliate Visiting Fellow at Shorenstein APARC for 2010–2011. He started his career in 1994 as a systems engineer for Mitsubishi Electric Corporation, Tokyo, Japan. Kondo designed several IT/vision/telecommunication systems for road operation and
management agencies of Japan, and took part in a Japanese government and private sector study of electronic toll collection systems. Additionally, he designed a business-to-business web system for his company. He is currently a manager for the Strategic IT Business Planning Department of Mitsubishi Electric and he is in charge of research on new IT businesses. Kondo graduated from Waseda University with a BS and an MS in industrial and management systems engineering.

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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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Earn Key Joo, a vice president with the Human Resources Development Center of Samsung Electronics, is a current fellow with the Corporate Affiliates Program of the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) at Stanford University. Joo, who has worked with Samsung for 25 years, is based at the company's headquarters in Seoul, South Korea. He has extensive auditing experience, including evaluating the management and operational business units and investigating the illegal activities of employees.

While Samsung's headquarters are based in Seoul, the larger research and development and operational offices are located in Suwon, a city in close proximity to Seoul. Samsung is the current leader of the global electronics market, manufacturing everything from televisions to refrigerators, and semiconductors to mobile phones. It is especially strong in the LED television, color monitor, memory chip, and LCD panel product sectors. Samsung is now trying to advance in the mobile phone market with the introduction of its Galaxy S smartphone, which is available in the United States.

Joo is currently researching ways for Samsung to maintain its market lead. Even as the current leader, he said, market changes could affect the company's success. Joo is studying the case of Sony, a previous electronics market leader, and the factors that led to the loss of its position. His advisor for the project is Gi-Wook Shin, director of Shorenstein APARC and the Korean Studies Program.

In addition to his research project, Joo is taking advantage of his time at Stanford University to improve his English-language skills. He is proficient at reading English, and is using the opportunity to strengthen his speaking ability. He also hopes in the coming months to attend more events, especially in order to learn about the systems of other companies. Joo has already participated in site visits to Cisco, the Federal Reserve Bank of San Francisco, and Palo Alto Utilities.

Joo, who has previously not had the experience of living abroad and has had few opportunities to engage with people from other countries, says, "This is a very good time for me to widen my global perspective." He wants to interact as much as possible with the other fellows-who come from diverse work sectors and different countries in Asia-to exchange information, including best practices, based on each fellow's unique professional experience.

After he returns to Korea, Joo plans to take some of the information he has gained from his research and his exchange of knowledge with other fellows and share it with different development and marketing teams at Samsung, in addition to applying it in his own job. Samsung, Joo believes, is in need of creativity now and he is exploring ways it can develop this in its employees.

In between research and company visits, Joo has been able to spend valuable time with his family, which has traveled with him from Korea. They are planning to visit as many places as possible in the United States and have already visited Yellowstone National Park and are planning a trip to Alaska.

 

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As the new academic year is about to get underway, the Corporate Affiliates Program of Shorenstein APARC welcomes its new class of fellows for the 2010-2011 academic year:

  • Minoru Aosaki, Ministry of Finance, Japan; 
  • Wataru Ishii, Shizuoka Prefecture, Japan; 
  • Earn Key Joo, Samsung Electronics, Republic of Korea; 
  • Toshifumi Kadowaki, Sumitomo Corporation, Japan; 
  • Takeshi Kondo, Mitsubishi Electric, Japan; 
  • Yuichi Moronaga, Ministry of Economy, Trade and Industry, Japan; 
  • Makoto Murata, Kansai Electric Power Company, Japan; 
  • Pradnya Palande, Reliance Industries, India; 
  • Seung Gun Park, Samsung Electronics, Republic of Korea; 
  • Puangthong Pawakapan, the Asia Foundation / Chulalongkorn University, Thailand; 
  • Oshie Sato, Sumitomo Corporation, Japan; 
  • Naoki Takeuchi, Development Bank of Japan, Japan; 
  • Hirofumi Takinami, Ministry of Finance, Japan; 
  • Sonya Vasudeva, Reliance Industries, India; and 
  • Eiichi Yamamoto, Japan Patent Office, Japan.

During their stay at Stanford University, the fellows will audit classes, study English, and conduct individual research projects, which they will then present about at the end of the year. They will have the opportunity to consult with Shorenstein APARC's scholars and attend events featuring visiting experts from around the world. The fellows will also participate in special events and site visits to gain a first-hand understanding of business, society, and culture in the United States.

The Corporate Affiliates website will feature interviews with of each of the 2010-2011 fellows throughout the coming year.

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中文版--Chinese version available here

China 2.0 Beijing Overview Videos Now Online!

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China 2.0 Beijing Introduction

China's First Internet Connection 

The Stanford Program on Regions of Innovation and Entrepreneurship (SPRIE) will host China 2.0 in Beijing on October 18-19, 2010 at the Grand Millennium Hotel in Beijing's central business district. (This event builds on the successful inaugural China 2.0 conference in Silicon Valley at Stanford University on May 24-25

China 2.0 will focus on the leaders driving China's continued ascendance as a "digital superpower" and analyze the strategies they are adopting for success.

China 2.0 is the preeminent new media forum about the dynamic PRC digital landscape that combines the right mix of strategic thinking, practical application and networking.
Fritz Demopoulos, CEO, Qunar.com

The agenda is available here. Please note this event will utilize simultaneous Chinese-English interpretation for the convenience of all participants.

China 2.0 Beijing will feature Internet & e-commerce CEOs and senior executives from China and the US, including members of Stanford's alumni network.

The conference will open with a special session reuniting the two scientists who established the first connection between China and the Internet in 1993: Xu Rongsheng, Institute of High Energy Physics in Beijing and Les Cottrell, Stanford Linear Accelerator Center (SLAC).

Keynote addresses will be given by:

  • James Ding, Managing Director, GSR Ventures
  • Bill Huang, General Manager, China Mobile Research Institute
  • Victor Koo, CEO, YouKu
  • John Liu, Vice President, Google
  • Shen Haoyu, Senior Vice President--Operations, Baidu
  • Brian Wong, Global Head of Sales, Alibaba

The China 2.0 event was bang up-to-date with content and stimulating debate from key players in the Chinese market. The organization was very professional bringing together China players and interested parties from the Bay Area.
--Graham Kill, CEO, Irdeto and CTO, Naspers

Format

China 2.0 is a highly engaging and interactive forum, featuring extensive video material, dynamic panel presentations and Q&A. We also have developed a China 2.0 application which is available now at the Apple Application store, for both iPad and iPhone/iTouch devices.

Final agenda (printable version here):

Monday, October 18, 2010

8:30 - 9:00 Registration
9:00 - 9:15

Welcome Remarks from China 2.0 Co-Chairs
Short video of China 2.0 themes, with highlights from inaugural (May 2010) event at Stanford University
Marguerite Gong Hancock, Associate Director, Stanford Program on Regions of Innovation and Entrepreneurship (SPRIE)
Duncan Clark, Visiting Scholar, SPRIE at Stanford University/Chairman, BDA China

9:15 - 9:45 Special Feature: How the Internet Came to China—and China to the Internet
Short video and reunion (via Cisco TelePresence) of the two scientists who established the first connect between China & the Internet in 1993.

Les Cottrell, Stanford Linear Accelerator Center (SLAC), Stanford University
Xu Rongsheng, Institute of High Energy Physics (IHEP), Beijing
Moderated by Marguerite Gong Hancock, Associate Director, SPRIE

9:45 - 10:25 Keynote Speech: Victor Koo, CEO, Youku (Stanford MBA '94)
10:25 - 10:45 Break

10:45 - 12:00

Mobile 2.0: Apps & Ads
Bin Shen, Vice President for Product Development-Asia, Motorola
Ye Xin, CEO, CASEE
Bertrand Schmitt, CEO, AppAnnie
Justin Mallen, CEO, Silk Road Technologies
Moderated by Duncan Clark, Visiting Scholar, SPRIE at Stanford University/Chairman, BDA China

12:00 - 12:40 Keynote Speech: James Ding, Managing Director, GSR Ventures
12:40 - 1:45 Hosted Lunch: CBD International Restaurant (lobby level of Grand Millennium Hotel)
1:45 - 2:25 Keynote Speech: Bill Huang, General Manager, China Mobile Research Institute

2:25 - 3:45

Shopping 2.0: Consumer e-Commerce in China
Short Video Introduction
Brandon Lin, Partner, SAIF Partners (Stanford BA '91)
Chen Yu, Co-Founder, Yeepay
Alan Hellawell, Managing Director, Deutsche Bank (Stanford MA '97 MBA '97)
Moderated by Loretta Chao, Technology Correspondent, The Wall Street Journal Asia (Beijing)

3:45 - 4:05 Break
4:05 - 4:35 Global Media Industry Outlook: Joel Budd, Media Editor, The Economist (London)

4:35 - 5:55

Games Market Outlook
Short Video Introduction
Andy Tian, Head of China Studio, Zynga
Andy Lee, Managing Director–Asia, Watercooler
Jay Chang, CFO, Kongzhong
Moderated by Bill Bishop, Start-up Investor/Advisor & Co-Founder CBS MarketWatch

5:55 - 6:00 Wrap and Day 2 Outline by China 2.0 Co-chairs, Marguerite Gong Hancock and Duncan Clark
Tuesday, October 19, 2010
8:30 - 9:00 Registration
9:00 - 9:05 Welcome Remarks by China 2.0 Co-Chairs, Marguerite Gong Hancock and Duncan Clark
9:05 - 9:45 Keynote Speech: John Liu, Vice President, Google

9:45 - 10:45

The Outlook for Trans-Pacific Entrepreneurship and Innovation—Indigenous & International?
William Weinstein, Minister-Counselor for Economic Affairs, U.S. Embassy Beijing
Alex Lee, VP, Collaboration and UC, Greater China Region, Cisco Systems (China)
John Chiang, President & Managing Director, US Information Technology Office (USITO)
Mark Baldwin, CEO, Oxus China
Moderated by Duncan Clark, Visiting Scholar, SPRIE at Stanford University/Chairman, BDA China

10:45 - 11:00 Break

11:00 - 12:00

Marketing 2.0
Angel Chen, General Manager, OgilvyOne Beijing
Silvia Goh, Managing Director, LiquidThread China, Starcom MediaVest
Scarlett Li, CEO & Founder, Ourebo
Moderated by Thomas Crampton, Asia-Pacific Director, 360 Digital Influence, Ogilvy Public Relations Worldwide

12:00 - 12:40 Keynote Speech: Brian Wong, Head of Global Sales, Alibaba
12:40 - 1:45 Hosted Lunch: CBD International Restaurant (lobby level of Grand Millennium Hotel)

1:45 - 3:00

Social Networking
David Liu, Founder, Jiepang
Dan Brody, former VP of Tudou, first employee of Google China
Frank Yu, Chief Product Officer, Bokan; Advisor, TEDx Beijing
Gady Epstein, Beijing Bureau Chief, Forbes
Moderated by Jeremy Goldkorn, Founder, Danwei

3:00 - 3:40 Keynote Speech: Shen Haoyu, Senior Vice President-Operations, Baidu
3:40 - 4:00 Break

4:00 - 5:00

TV 2.0: The Future of TV & Three Network Convergence in China
Caroline Pan, Director-China Strategy, Intel
David Wolf, President & CEO, Wolf Group Asia
Shan Phillips, VP Greater China Practice, The Nielsen Company
Moderated by Jonathan Landreth, Senior China Correspondent, The Hollywood Reporter (Beijing)

5:00 -6:15

Fueling China 2.0
Hurst Lin, General Partner, Doll Capital Management, Co-Founder of Sina (Stanford MBA '93)
Daniel Quon, Managing Director, SVB Global, Asia, SVB Financial Group
Olivier Glauser, Managing Director, Steamboat Ventures
Richard Hsu, Managing Director, Intel Capital
Hans Tung, Partner, Qiming Ventures (Stanford BS '93)
Moderated by Kathrin Hille, Technology Correspondent, Financial Times Beijing

6:15 Apple iPad Lucky Draw & Close by China 2.0 Co-Chairs Marguerite Gong Hancock and Duncan Clark

The first China 2.0 provided a great selection of topics and speakers who knew their specialties and made focused presentations--with very little overlap and repetition among panels, always a challenge at such conferences. Well-organized, well-moderated, with a smart audience that asked good questions.
-Gady Epstein, Beijing Bureau Chief, Forbes Magazine

Sponsors

The China 2.0 Beijing conference is made possible by its generous sponsors:

 

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Media Participants

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Official PR Partner

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Photos

Photos from the May event are available on SPRIE's Flickr page.

Videos

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China 2.0 achieved the balance of giving a clear overview to the China newcomers but still bringing insights to market participants about other sectors. Great conference and surely the start of a successful series.
--Olivier Glauser, Managing Director, Steamboat Ventures

Overview videos for China 2.0 are available here. If you are trying to view the videos from within China, they are accessible on BDA's website. 

Videos from China 2.0 (May 2010) are now avallable at iTunes University (do a power search for "China 2.0" in the title field).

Grand Millennium Hotel, Beijing, China

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The fourth Korea-U.S. West Coast Strategic Forum was held on June 18th at Stanford to discuss current developments in North Korea and North Korea policy, the future of the U.S.-South Korean alliance, and a strategic vision for Northeast Asia. Former senior government officials and other leading experts from the United States and South Korea participated. The forum agenda and the executive summary available.

Participants from the United States included:

  • Michael H. Armacost, Shorenstein Distinguished Fellow, Shorenstein Asia-Pacific Research Center (APARC), Stanford University
  • Michael Chinoy, Senior Fellow, University of Southern California, U.S.-China Institute; former CNN foreign correspondent
  • Siegfried S. Hecker, Co-Director of Center for International Security and Cooperation (CISAC), Stanford University; and Professor (Research), Department of Management Science and Engineering; FSI Senior Fellow
  • David C. Kang, Professor of International Relations and Business, University of Southern California; Director, USC Korean Studies Institute
  • Stephen D. Krasner, Professor of International Relations and Business, Deputy Director of Freeman Spogli Institute, Stanford University
  • John W. Lewis, William Haas Professor of Chinese Politics, Emeritus, Stanford University; CISAC Faculty Member; FSI Senior Fellow, by courtesy
  • Kyung-Ae Park, Associate Professor, Korea Foundation Chair, Institute of Asian Research, University of British Columbia
  • William J. Perry, Michael and Barbara Berberian Professor (at FSI and Engineering) and Co-director of the Preventive Defense Project at CISAC; FSI Senior Fellow
  • Gi-Wook Shin, Director, Shorenstein APARC; Director, Korean Studies Program and Tong Yang, Korea Foundation, and Korea Stanford Alumni Chair of Korean Studies; Professor of Sociology; FSI Senior Fellow
  • David Straub, Associate Director, Korean Studies Program, Shorenstein APARC; former Director, Office of Korean Affairs, U.S. State Department
  • Philip W. Yun, Vice President for Resource Development, The Asia Foundation
    Participants from South Korea
  • Yun Young Cho, Associate Professor, Chung-Ang University
  • Ro Myung Gong, Chairman, The Sejong Foundation; former Foreign Minister
  • Young Sun Ha, Professor, Seoul National University
  • Yong Ho Kim, Professor, Inha University; former President of Korea Political Science Association
  • Sangho Lee, Research Fellow, The Sejong Institute (Program Coordinator)
  • Yong Ok Park, Governor, South Pyongan Province; former Vice Minister of Defense
  • Sang Woo Rhee, Head, Presidential Commission for National Security Review; former President, Hallym University
  • Gi Woong Son, Senior Research Fellow, Korea Institute for National Unification
  • Dae Sung Song, President, The Sejong Institute
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The 2008–2009 financial crisis demands we look anew at the role of corporations, and the working of financial markets around the world. In this challenging and insightful book, one of our most eminent economists provides a compelling new analysis of the corporate firm; the role of shareholders, managers and workers; and institutional governance structures.

In recent decades the firm has predominantly been seen as an organization run and governed in the interests of shareholders, where management acts as the agent of shareholders, and the workers simply as instruments for share-value maximization. This book reverses this viewpoint. It sees corporations as associational cognitive systems where "cognitive actions" are distributed amongst managers and workers, with shareholders supplying "cognitive tools" and monitoring their use in the systems. Aoki analyses the different relationships that can exist between shareholders, managers, and workers from this perspective, and identifies a range of different models of organizational architecture and associated governance structures. He also discusses ways in which corporations act as players in social, political, and organizational games, as well as global economic games; how these inter-related social dynamics may change particular, distinctive national structures into the diversity incorporated in the global corporate landscape; and how they now call for new roles for financial markets.


"Masahiko Aoki uses the social mathematics of game theory to reveal the deep structure of corporate governance systems, in the process explaining the persistence of diversity under conditions of globalization. His profound and highly original analysis speaks directly to the issue of corporate governance reform in the aftermath of the financial crisis of 2008–9."
-Simon Deakin, Professor of Law, University of Cambridge

"The recent wave of fraud, corruption, and fiscal irresponsibility at the highest corporate levels dramatizes the need for a model of the modern corporation that is at the same time deeply economic in the recognition of the centrality of incentives, and deeply sociological in the recognition of the centrality of social norms and a culture of corporate morality. Professor Aoki has combined his magisterial knowledge of business organization with a foundational study of the role of culture in epistemic game theory to produce, for the first time, a truly transdisciplinary model of the corporation."
-Herbert Gintis, Santa Fe Institute

"This is a path breaking book that provides a rigorous analysis of the cognitive underpinnings of corporations. It gives fundamental insights into the diversity of organizational forms that exist and the association of these with the historical, political, social, and technological contexts within which they operate. As with so much of Professor Aoki's work, it will radically alter the way in which we view the corporation."
-Colin Mayer, Peter Moores, Dean, Saïd Business School, University of Oxford

"A pioneering contribution which formalizes in game theoretic language complex institutional structure and environment of the corporation both at a moment of time and over time."
-Douglass C. North, Nobel Laureate in Economics 1993, Spencer; T. Olin Professor in Arts and Sciences, Washington University in St. Louis

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Oxford University Press
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Masahiko Aoki
Number
0199218536
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