Business
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Throughout the 1990s, Japan muddled through restructuring its economic vitality and social flexibility to cope with an advent of a new era. Represented by the IT Revolution, the new era has changed existing legal frameworks, business practices, and socioeconomic traditions worldwide. Against this backdrop, Japan has embarked, though belatedly, on various reforms, including administrative reform. Can these efforts succeed? Can Japanese bureaucrats change Japan? Or who else will change Japan and what will be an agenda for the newly born Japan? Takeshi Isayama is a former Japanese government official with the Ministry of International Trade and Industry (MITI). While at MITI, he was responsible for drafting and implementing international trade policy including intellectual property policy serving as the Commissioner of the Japanese Patent Office and the Director-General of several bureaus including the International Trade Policy bureau during the Hashimoto and Obuchi administrations (1995-1999). He graduated from Tokyo University in 1967 with a Bachelor of Law degree and received his MPA from the Kennedy School of Government at Harvard University in 1971. After graduating from Tokyo University, he joined MITI in 1967.

Okimoto Conference Room, Encina Hall, East Wing, Third Floor

Takeshi Isayama Visiting Scholar, Asia/Pacific Research Center Speaker Former Commissioner, Japanese Patent Office, MITI
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The enormous and sustained success of Silicon Valley has excited interest around the globe. Startup companies the world over are attempting to emulate its high tech businesses, and many governments are changing their institutions in order to foster Silicon Valleys of their own. What accounts for the Valley's leading edge in innovation and entrepreneurship?

This book gives an answer by insiders, by prominent business leaders and academics from the heart of the Valley. They argue that what distinguishes the Valley is not its scientific advances or technological breakthroughs. Instead, its edge derives from a "habitat" or environment that is tuned to turn ideas into products and take them rapidly to market by creating new firms. This habitat includes supportive government regulations for new firm formation, leading research universities that interact with industry, an exceptionally talented and highly mobile work force, and experienced support services in such areas as finance, law, accounting, headhunting, and marketing, all specializing in helping new companies form and grow. Not least is a spirit of adventure and a willingness to take risks.

The elements of this habitat are packed into a small geographic area. In it, networks of specialists form communities of practice within which ideas develop and circulate and from which new products and new firms emerge. Feedback processes are strongly at work: the successes of Valley firms strengthen the habitat, and the stronger it becomes, the more new, successful firms are created. Among industries, electronics came into the Valley first, followed by semiconductors, computers, software, and, in the 1990s, biotechnology, networking, and the Internet. This extraordinary ability to keep adding new industrial sectors itself affects the prospect for the Silicon Valley's future. What lies ahead? From within, the Valley faces serious challenges in defining a new generation of entrepreneurs, addressing a growing digital divide, and maintaining quality of life. At the same time, the Valley must redefine its global role with respect to other rising innovative regions worldwide. Nevertheless, the proven ability of its highly effective habitat suggests that in both innovation and entrepreneurship, Silicon Valley will maintain its edge.


"An essential guide for communities and individuals world-wide trying to understand and emulate this startling phenomenon known as Silicon Valley."

--Vinod Khosla, General Partner, Kleiner Perkins Caufield & Byers

"Must reading for anyone who wants to understand the driving point for the New Economy. It's especially gratifying to learn the story directly from some of the Valley's key figures."

--John Young, retired CEO, Hewlett-Packard

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Publication Type
Books
Publication Date
Journal Publisher
Stanford University Press
Authors
Henry S. Rowen
Number
0804740631
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Internet use in China has recently grown at a tremendous pace, and today there are more than 17 million users. In this talk, Harwit examines government control over the physical data pipelines and network content. He explores the management and revenue flows from the information highway, and political efforts to regulate the content that appears on Chinese computer screens. He also analyzes the post-WTO role foreign companies may have in the network's future development. He concludes that, though the telecommunications bureaucracy is keen to extract monetary profit from the Internet, political drive for control over content is muted by schizophrenic government policy, user self-censorship and, in the short run, user demographics. Eric Harwit is an Associate Professor of Asian Studies at the University of Hawaii, and a visiting scholar at Stanford's Asia / Pacific Research Center for the 2000-2001 academic year. A 1984 graduate of Cornell University, he received a diploma from the University of International Business and Economics in Beijing in 1990, and his Ph.D. in political science from the University of California at Berkeley in 1992. Professor Harwit is the author of China's Automobile Industry (M.E. Sharpe, 1995), and several other articles on industrial and economic development in Asia. He is currently writing a book about the politics of telecommunication in China, and has a Fulbright research grant to conduct a study of telecommunications in rural China in mid-2001.

Okimoto Conference Room, Encina Hall, East Wing, Third Floor

Eric Harwit Associate Professor, University of Hawaii, Speaker Visiting Scholar, A/PARC
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Part of the California-Asia Connection Seminar series. California, and the Bay Area in particular, is exercising a defining influence on the global economy. This is based on the state's dominance in key technology sectors, and the capacity for innovation. Dr. Randolph will present research benchmarking the Bay Area economy against comparable regions nationwide, across 35 indicators of performance, and argue that California's global leadership in this domain is sustainable only so long as the host environment nurtures innovation and entrepreneurship. California's trade "policy" is most appropriately understood, therefore, as the rules and regulations governing the state's labor and human capital issues, and the provision of critical infrastructure. R. Sean Randolph was appointed president of the Bay Area Economic Forum on June 1, 1998. The Bay Area Economic Forum, a nonprofit, public-private partnership of business, government, academic, labor, and community leaders works to foster a dynamic and competitive economic environment and to enhance the overall quality of life in the nine-county San Francisco Bay region. Dr. Randolph most recently served as director of international trade for the State of California. As senior manager of the California Trade and Commerce Agency's Office of Export Development, he directed international business development programs that stimulate exports and introduce California companies to key overseas markets. Before joining the State of California, Dr. Randolph served as Managing Director of the RSR Pacific Group, an international business consulting firm specializing in Asia and Latin America. From 1988Ð92 he was International Director General of the Pacific Basin Economic Council, a fifteen-nation international business organization composed of leading U.S., Asian, and Latin American corporations. His professional career also includes extensive experience in the U.S. Government on the U.S. Congress staff (1976Ð80), and the White House staff (1980Ð81). He subsequently served in the U.S. State Department on the Policy Planning Staff as Special Adviser for Policy in the Bureau of East Asian and Pacific Affairs and as Deputy/Ambassador-at-Large for Pacific Basin affairs (1981Ð85). From 1985Ð88 he served in the U.S. Department of Energy as Deputy Assistant Secretary for International Affairs. A graduate (Magna Cum Laude) of Georgetown University's School of Foreign Service, Dr. Randolph holds a J.D. from the Georgetown University Law Center, a Ph.D. from the Fletcher School of Law and Diplomacy, and studied at the London School of Economics. He is a member of the District of Columbia Bar Association, the International Institute for Strategic Studies, and the U.S. National Committee for Pacific Economic Cooperation, and currently serves on the Board of Directors of the U.C. Berkeley Center for APEC, the Southwest Center of Environmental Research and Policy, and the Headlands Institute. Dr. Randolph writes and speaks frequently on economic development and international business and economic issues.

Okimoto Conference Room, Encina Hall, East Wing, Third Floor

R. Sean Randolph President Speaker Bay Area Economic Forum
Workshops
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Scholars describe the East Asian--Japanese and South Korean--state as a network state that guides the private sector by means of embedded relationships (i.e., informal persuasive ties). In theoretical terms, these embedded ties represent informally institutionalized social capital. This study refines the network state thesis by comparing embedded ties with tangible resource exchanges in their effects upon political influence among political (organizational) actors in Japanese and U.S. labor politics. The network state thesis predicts that in Japan embedded ties should channel the flow of tangible resources (e.g., vital information, political support), and that embedded third party brokers should mediate this flow. Embedded ties have generally pervaded the Japanese polity, whereas in the United States, they have remained concentrated within the labor sector. In Japan, the embedded ties form a "bow tie" pattern: the Ministry of Labor (MOL) bridges a structural hole between corporatistic business and labor. The presence of embedded third parties predicts the dyadic exchange of information. Political support, by contrast, forms a distinct, nonembedded network, centered on political parties. Tensions between the embedded network and the instrumental political support network help explain characteristics of Japanese politics, such as the relative slowness of its response to financial crisis.

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Working Papers
Publication Date
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Shorenstein APARC
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Bill Gates recently said "if the 1980s were about quality and the 1990s were about reengineering, then the 2000s will be about velocity. When the increase in velocity of business is great enough, the very nature of business changes." These three factors--quality, reengineering, and velocity-are rapidly changing the structure of foreign trade. They directly affect relationships such as the flow of imports, exports and foreign direct investment. Such complex networks of global and local interactions generate new ways of doing business by selectively collapsing time and space relationships. This rapidly evolving complex system is making it very difficult for policymakers to analyze public policy trade related issues or to evaluate the possible impact of their decisions. New ways to visualize, develop, implement and evaluate California State foreign trade policy are needed. Dr. Koehler's presentation will lay out some of the elements that might be included in such an approach to state trade policy making, and identify various options for California State government. Dr. Gus Koehler is Senior Policy Analyst with the California Research Bureau, where he conducts policy research for the State Legislature and the Governor's office. His current research responsibilities include identifying and evaluating state economic development issues and strategies for addressing them. The author of California Trade Policy (1999), Dr. Koehler serves as adjunct faculty of Public Administration at the University of Southern California.

Okimoto Conference Room, Encina Hall, East Wing, Third Floor

Dr. Gus Koehler Senior Policy Analyst Speaker California Research Bureau
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Senior Fellow emeritus by courtesy, FSI
KI_Imai_headshot.jpg PhD

Ken-ichi Imai is an internationally recognized expert on the economics and management of the firm, industrial organization and the economics of technological change and innovation. After receiving his Ph.D. from Hitotsubashi University, Imai went on to become an assistant professor, full professor and, eventually, Dean of the Graduate School of Business at Hitotsubashi.

In September 1991, he assumed the role of Director of Research at the Stanford Japan Center, stepping down in 2001. He was also named a senior fellow of IIS and a professor, by courtesy, of Stanford's Department of Economics, in 1991. In December 1991, he became chair of the Stanford Japan Center Foundation Board. Imai has been influential in both Japanese and international policymaking. In Japan, he has been actively involved in the development of national industrial policy at the level of MITI's Industrial Structure Consultative Council. Abroad, as a member of the drafting committee for the OECD's Technology, Economy and Policy Project, he has participated in discussions on the rules of conduct for multinational enterprises and global industry.

Imai has published widely in Japanese and English, and many of his books and papers have received prizes in Japan. His Industrial Organization of Japan's Energy Sector (in Japanese) was awarded the Economist Prize, and his Modern Industrial Organization (in Japanese) received the Nikkei Prize for Excellent Books in Economic Science. In addition, the Japanese government awarded its Prize for Social Science Research in Telecommunications to Imai's Industrial Society - The Process of its Evolution and Change (in Japanese). His Information Network Society (in Japanese) became a "long-seller" in Japan in 1984. As director of SJC-R, Professor Imai actively promoted collaborative research between the United States and Japan. For this purpose, he has organized and hosted a number of international forums, including: "A New Techno-Economic Paradigm for the 21st Century "The Age of New Engineering"; "Sensors, Information and Global Ecosystems"; "The Roles of Government in Economic Development: Analysis of East Asian Experiences" (sponsored by the World Bank); and the "Future of the Computer Industry". In Spring 1995, the Crown Prince of Japan awarded Professor Imai the government's Purple Ribbon for his cumulative academic and social contributions.

Director Emeritus, SJC-R
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12.00 p.m. Mr. Noriaki OZAWA (Ministry of International Trade and Industry, Japan) What is Japan? A Look at Japan's Changing Sociocultural Identity. 12.20 p.m. Mr. Nobutake SHIRAI (Ministry of Post and Telecommunications, Japan) Internet Business in U.S. and Japan: A Comparative Study. 12.40 p.m. Mr. Raita SUGIMOTO (Toyota Motor Corporation, Japan) Reorganization of the Automobile Industry and its Impact on the Asian Market. 1.00 p.m. Mr. Takeo TAKIUCHI (The Patent Office, Japan) Entrepreneurship through Technology Transfer in Silicon Valley. 1.20 p.m. Mr. Kenji UCHIDA (The Kansai Electric Power Co., Inc., Japan) Setting Up New Ventures In-house at Kansai Electric Power Company. 1.40 p.m. Mr. Zhi-Jie ZENG (CITIC Pacific, Hong Kong) China's WTO bid and the Effect on China's Internet Business. Research Introductions: Mr. Yong-Ky EUM (Hyundai Heavy Industry, Korea) Mr. Jiang FENG (People's Bank of China, PRC) Ms. Xiaohui ZHANG (People's Bank of China, PRC)

Okimoto Conference Room, Encina Hall, East Wing, Third Floor

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