Business
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Patterns of technology development are changing. While once it was mainly large firms and multinational corporations that thrived globally, now many start-up firms here are engaged in technology development outside the United States. Some of these changing globalization patterns include offshore outsourcing of R&D, cross-border collaborations between researchers or technology providers, as well as contextual pressures like new government policies.

This panel, comprised both of American entrepreneurs operating in Japan and China and scholars of entrepreneurship here and in Japan, will discuss this growth of globalization in patterns of technology development and how entrepreneurs have figured in the process.

This event is presented in conjunction with the US-Asia Technology Management Center (US-ATMC) and features Shigeo Kagami, Professor, University of Tokyo; Michael Alfant, CEO, Fusion Systems KK; Robert Eberhart, SPRIE Researcher, Stanford University, and moderated by Richard Dasher, Director, US-ATMC & Consulting Professor, Shorenstein Asia-Pacific Research Center.

Skilling Auditorium

Shigeo Kagami Professor Speaker University of Tokyo
Robert Eberhart Speaker
Michael Alfant CEO Speaker Fusion Systems KK

U.S.-Asia Technology Management Center
School of Engineering
Stanford, CA

(650) 724-0096 (650) 725-9974
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Consulting Professor
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At Stanford University, Dr. Dasher has directed the US-Asia Technology Management Center since 1994, and he has been Executive Director of the Center for Integrated Systems since 1998. He holds Consulting Professor appointments at Stanford in the Departments of Electrical Engineering (technology management), Asian Languages and Cultures (Japanese business), and at the Asia-Pacific Research Center for his work with the Stanford Program on Regions of Innovation and Entrepreneurship. He is also faculty adviser to student-run organizations such as the Asia-Pacific Student Entrepreneurship Society and the Forum for American/Chinese Exchange at Stanford.

From 2004, Dr. Dasher became the first non-Japanese person ever asked to join the governance of a Japanese national university, serving a term as a Board Director (理事) of Tohoku University . He continued as a member of the Management Council (経営協議会) until March 2010, and he now serves as Senior Advisor to the President (総長顧問) of Tohoku University. Dr. Dasher has been a member of the high-profile Program Committee of the World Premier International Research Center Initiative (WPI) of the Japanese Ministry of Education (MEXT) since 2007. He has served on the Multidisciplinary Assessment Committee of the C$500 million Canada Foundation for Innovation Leading Edge Fund in 2007 and again in 2010, and as a member of the Phase I and Phase II Review Panels of the C$200 million Canada Excellence Research Chairs Program in 2008 and again in 2010. He was a distinguished reviewer of the Hong Kong S.A.R. study on innovation in 2008–09, and since 2007 he has been a member of the Foresight Panel of the German Ministry of Education and Research. From 2001–03, Dr. Dasher was on the International Planning Committee advising the Japanese Minister of State for Science and Technology Policy in regard to the formation of the Okinawa Institute of Science and Technology.

As allowed by Stanford policy, Dr. Dasher maintains an active management consulting practice, through which he is an advisor to start-up companies and large firms in the U.S., Japan, and China. He has been a board director of Tokyo-based ZyCube Inc. since 2006, and he is founder and chairman of Pearl Executive Shuttle in Valdosta, Georgia, U.S.A. In the non-profit sector, he is a Board Director of the Japan Society of Northern California and the Keizai Society U.S. – Japan Business Forum, and he is an advisor to organizations such as the Chinese Information and Networking Association, the Silicon Valley – China Wireless Technology Association, and the International Foundation for Entrepreneurship in Science and Technology (iFEST). In 2010 he served as a consultant to The Indus Entrepreneurs (TiE) in regard to their establishment of a worldwide remote mentoring program for entrepreneurs. Dr. Dasher frequently gives speeches and seminars throughout Japan and Asia, as well as in the U.S. Recent appearances include the Nikkei Shimbun Business Innovation Forum, the Foreign Correspondents Club of Japan, speaking tours of Japan co-sponsored by METI and the U.S. Embassy in Tokyo, and guest lectures at Chubu University, Kochi University of Technology, Ritsumeikan Asia Pacific University, and the University of Tokyo.

From 1990–93, Dr. Dasher was a board director of two privately-held Japanese companies in Tokyo, at which he developed new business in international licensing of media rights packages and other intellectual properties. From 1986–90, he was Director of the U.S. State Department’s Foreign Service Institute advanced field schools in Japan and Korea, which provide full-time language and area training to U.S. and select Commonwealth country diplomats assigned to those countries. He received M.A. and Ph.D. degrees in Linguistics from Stanford University and, along with Prof. Elizabeth Closs Traugott, he is co-author of the often-cited book Regularity in Semantic Change (Cambridge University Press, 2002). He received the Bachelor of Music degree in clarinet and orchestra conducting from the San Francisco Conservatory of Music, where he served on the faculty from 1978-85.

Richard Dasher Moderator
Seminars
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Despite early talk of being able to “decouple” itself from the U.S. financial crisis and accompanying credit crunch, the damage has spread to Asia. Collapsing export markets, currency instability and stock market collapses are plaguing all of Asia, not least China, Japan and South Korea. At the same time, China and Japan are major financiers of the United States federal government and newly nationalized financial firms Fannie Mae and Freddie Mac.

Two leading economic experts on Japan and China will discuss the impact of the U.S. financial crisis on Asia. Does Japan’s experience with banking collapse bear any lessons for the United States today? Will China continue to finance the United States government? How will a U.S. recession affect the prospects for economic growth in Asia?

Richard Katz has taught about Japan’s economy as an Adjunct Associate Professor at the New York University Stern School of Business. Previously, and as a Visiting Lecturer in Economics at the State University of New York (SUNY) at Stony Brook.  Mr. Katz is the author of two books on Japan's economic trvails; The System That Soured--The Rise and Fall of the Japanese Economic Miracle (M.E. Sharpe 1998) and Japanese Phoenix: The Long Road to Economic Revival (M.E. Sharpe 2002).  He has twice testified about Japan and Asia before Congress, in 1998 and 2005. Both times the hearings were held by the Asia-Pacific Subcommittee of the House International Relations Committee. In the year 2000, he served on the Council of Foreign Relations' Task Force on the Japanese economy.  Having received his B.A. degree in History from Columbia University in 1973, Mr. Katz went on to obtain his M.A. in Economics at New York University (NYU) in 1996.
 
Mark Spiegel served as an assistant professor in the Department of Economics at New York University.  He has served as a visiting professor in the Economics Department of U.C. Berkeley, as well as a lecturer at the Haas School of Business at U.C. Berkeley.  He has also served as a consultant at the World Bank, as a visiting scholar at the Bank of Japan, and as Chairman of the Federal Reserve System Committee on International Economic Analysis.  Dr. Spiegel received his Ph.D. in economics from the University of California at Los Angeles and his B.A. in economics from the University of California at Berkeley.  Dr. Spiegel has published numerous articles in both academic and policy-oriented journals on international financial issues and on economic issues associated

Philippines Conference Room

Richard Katz Co-Editor Speaker The Oriental Economist Report
Mark Spiegel Vice President, International Research and Director Speaker Center for Pacific Basin Studies at the Federal Reserve Bank of San Francisco
Seminars
Paragraphs

Will China come to dominate global high-tech innovation?

In the future, perhaps. Today, however, Greater China—Mainland China, Taiwan, and Hong Kong—is focused on the quest for innovation. The dominant paradigm on the Mainland is one of execution, not innovation. Beijing now aims to turn China—historically an adopter of technologies from elsewhere—into a major technology creator. Self-reliance has become the government’s watchword and its ultimate goal.

The talents and resources available are impressive. More Chinese young people are well-educated, international patents and research and development (R&D) spending are on the rise, and China boasts a growing presence in world scientific literature.

Still, negatives remain. China must overcome the legacies of a top-down, state-run research system that is largely disconnected from commerce, and an academic system not always supportive of independent scholarly inquiry. The government is working to change these outdated institutions, but such shifts do not occur overnight.

Taiwan and Hong Kong have followed different paths to high-tech innovation. Taiwan’s route has been dominated by government but implemented by mostly small- and medium-sized firms, with help from its Industrial Technology Research Institute (ITRI), a model for moving concepts to commerce. Significantly, Taiwan’s companies maintain strong links to multinational firms both in the United States and in Mainland China. Taiwan’s Hsinchu Science-based Park is seen as a model high-tech cluster throughout Asia and beyond.

Hong Kong has taken another road. While its formal R&D activity is small, it innovates in business models, particularly in logistics chains that reach into the Mainland and globally. It is a (largely unheralded) story of great success.

The big question is: When will Greater China’s high-tech innovation have a major impact on the world economy?

Examination copies: Desk, examination, or review copies can be requested through Stanford University Press.

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Henry S. Rowen
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Shorenstein APARC
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Professor Schaede's seminar will focus on the themes of her new book, Choose and Focus: Japanese Business Strategies for the 21st Century (Cornell UP, 2008). She will argue that Japan has undergone a strategic inflection point so fundamental that relying on what we used to know about Japan from the 1980s is insufficient to understand the new Japanese competitiveness.

In addition to analyzing this recent shift away from diversification to focused, lean organizations among Japan's leading companies, Professor Schaede will also discuss the newly emerging takeover market in Japan, as well as the changing role of venture capital and startups in Japan's newly emerging open system of innovation.

Ulrike Schaede is Professor of Japanese Business at UC San Diego's School of International Relations and Pacific Studies. Schaede has written extensively on business organization and the financial system in Japan. Her recent working papers discuss changes in business groups and Japan's main bank system; investment funds, institutional investors and hostile takeovers; legal reform and "revitalization", as well as changing employment strategies and non-regular work. She is also an investigator for SPRIE's Japanese Entrepreneurship project.

Daniel and Nancy Okimoto Conference Room

Ulrike Schaede Professor of Japanese Business Speaker UC San Diego's School of International Relations and Pacific Studies
Seminars

Shorenstein APARC
Stanford University
Encina Hall E301
Stanford, CA 94305-6055

(650) 724-5668 (650) 723-6530
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Hongyan Cai is a visiting scholar at Shorenstein APARC for 2009-10.  Prior to joining Shorenstein APARC, she was an associate professor at the University of International Business and Economics (UIBE), Beijing.

Visiting Scholar
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Dr. Rafiq Dossani, Senior Research Scholar; Executive Director, South Asia Initiative, will review and sign his new book "India Arriving: How this Economic Powerhouse is Redefining Global Business" at Foothill College on Wednesday, October 8 at 12:00 p.m.

Foothill College
Appreciation Hall
12345 El Monte Road
Los Altos Hills, CA 94022

No longer in residence.

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Rafiq Dossani was a senior research scholar at Stanford University's Shorenstein Asia-Pacific Research Center (Shorenstein APARC) and erstwhile director of the Stanford Center for South Asia. His research interests include South Asian security, government, higher education, technology, and business.  

Dossani’s most recent book is Knowledge Perspectives of New Product Development, co-edited with D. Assimakopoulos and E. Carayannis, published in 2011 by Springer. His earlier books include Does South Asia Exist?, published in 2010 by Shorenstein APARC; India Arriving, published in 2007 by AMACOM Books/American Management Association (reprinted in India in 2008 by McGraw-Hill, and in China in 2009 by Oriental Publishing House); Prospects for Peace in South Asia, co-edited with Henry Rowen, published in 2005 by Stanford University Press; and Telecommunications Reform in India, published in 2002 by Greenwood Press. One book is under preparation: Higher Education in the BRIC Countries, co-authored with Martin Carnoy and others, to be published in 2012.

Dossani currently chairs FOCUS USA, a non-profit organization that supports emergency relief in the developing world. Between 2004 and 2010, he was a trustee of Hidden Villa, a non-profit educational organization in the Bay Area. He also serves on the board of the Industry Studies Association, and is chair of the Industry Studies Association Annual Conference for 2010–12.

Earlier, Dossani worked for the Robert Fleming Investment Banking group, first as CEO of its India operations and later as head of its San Francisco operations. He also previously served as the chairman and CEO of a stockbroking firm on the OTCEI stock exchange in India, as the deputy editor of Business India Weekly, and as a professor of finance at Pennsylvania State University.

Dossani holds a BA in economics from St. Stephen's College, New Delhi, India; an MBA from the Indian Institute of Management, Calcutta, India; and a PhD in finance from Northwestern University.

Senior Research Scholar
Executive Director, South Asia Initiative
Rafiq Dossani Speaker
Lectures

Professor Thompson builds on Barrington Moore's insight that there are different "paths to the modern" world. Thompson's manuscript explores alternatives to the familiar South Korean-and Taiwan-based model of "late democratization." According to that model, political pluralism follows a formative period of economic growth during which labor is demobilized and big business, religious leaders, and professionals depend upon and are co-opted by the state.

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Corporate Affiliate Visiting Fellow
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Sivaraman Vasudevan is a corporate affiliate visiting fellow at Shorenstein APARC for 2008-09. Prior to joining Shorenstein APARC, he has been working for Reliance Life Sciences in Bangalore (India) as Regional Head in charge of sales operations for Eastern and Southern parts of India. His job responsibilities include developing business plans, implementing strategies and achieving sales targets. Additionally, he is part of an elite corporate team in developing national and regional marketing strategies. Sivaraman did his Graduation in Statistics and Diploma in Management and worked in sales and marketing at Bayer Pharmaceuticals prior to joining Reliance Life Sciences in February 2004.

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