On November 1, 2010 the 2nd annual Symposium on Japanese Entrepreneurship was held in Tokyo, Japan. The purpose of the symposium was to present insights on entrepreneurship to engage broader Japanese interests and further the national discussion.
The symposium was held jointly by the University of Tokyo and SPRIE-STAJE, and made possible by a joint effort with the Japan Academic Society for Ventures and Entrepreneurs (JASVE) and the Nikkei Shimbun.
Also sponsoring the symposium were Tokyo AIM (the organization of stock exchanges), the Innovation Network Corporation of Japan (INCJ), and the University of Tokyo’s Science Entrepreneurship and Enterprise Development (SEED) - Division of University Corporate Relations (DUCR).
U.S. Ambassador John Roos made the keynote speech at the symposium. Presenting panels on "Risk Money, the Role of Venture Capital, and Exit Strategies" and "Entrepreneurship Education: Help for Japan's Entrepreneurs?" were academic, business and government participants from Keidanren, Sumitomo Corporation, Mitsubishi Estate Corporation, AZCA and the University of Tokyo Enterprise Center, in addition to scholars from Stanford and other universities, including the University of Tokyo.
Following the public symposium, on November 2, there was a closed academic conference with presentation and discussion of new papers in support of the project.
Rafiq Dossani, senior research scholar at Shorenstein APARC, visited the Copenhagen Business School (CBS), September 2-3, 2010. Dossani first spoke at a meeting of the CBS India Study Group about the surge in the past five years of India-focused research and teaching at Stanford University. He then presented a public lecture about higher education in India. On September 3, he led a seminar with Anothy P. D'Costa, professor of the Copenhagen Business School, about India's soft power strategy in the face of today's globalized world.
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
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.
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 byMarguerite 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 byDuncan 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 byLoretta 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 byBill 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 byThomas 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 byJeremy Goldkorn, Founder, Danwei
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 byJonathan 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 byKathrin 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:
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
On February 26 and 27, 2010, the SPRIE-Stanford Project on Japanese
Entrepreneurship hosted its second annual conference, "Entrepreneurship
and Innovation in Japan" at the Bechtel Conference Center in Encina Hall
at Stanford University, made possible through generous support from
Cisco Systems and The Miner Foundation.
Scholars from universities across Japan and the United States
gathered to present and discuss new papers seeking to understand the
trends and dynamics of business and innovation in Japan through the lens
of entrepreneurial companies, and institutions that affect those
companies.
The conference agenda is below; presentation and other files will be
linked as they are available.
In this session of the Shorenstein APARC Corporate Affiliate Visiting Fellows Research Presentations, the following will be presented:
Wataru Ishii, "Economic Development of Zhejiang Province"
Zhejiang Province is located in the southern part of the Yangtze River Delta on the southeast coast of China. Before the economic reform started in 1978 all over the country, Zhejiang Province's GDP and GDP per capita were about 15th among other provinces. Since then it has achieved enormous economic development and now ranks 4th in provincial GDP and GDP per capita, just after politically more autonomous metropolitans of Shanghai, Beijing and Tianjin.
While succeeding in maintaining economic development for three decades since the economic reform began, Zhejiang Province is now facing many difficulties, such as unfavorable influence of the international financial crisis in 2008. From the start of economic reform local governments have played an important role in developing local economy. Can local governments help economy in the region keep thriving in future? If so, what kind of roles should they play?
Mitsue Kurihara, "Issues of Japanese VC Industry from the Perspective of Exit Activities"
Exit strategies of venture capitals (VCs) are one of the key factors in developing the VC industry in each country. Exit strategies in VCs are ways to transfer their owned stocks and to obtain high rate of returns. Exit strategies are one of the reasons for the Japanese VC industry being so small and low performing. However, Japanese VC exit conditions have not been completely clarified.
Kurihara will focus on the VC's exit strategies and markets to explain the characteristics and problems of the Japanese VC industry.
Boyoung Shin, "Rising Issues on Multi-Cultural Families in Korea"
Today, a portion of the Korean population consists of foreign residents - currently at 2.2% and growing at a very rapid rate. Korea is no longer a single-ethnic nation, one in which they claim as the purest country in the world. This long time existing sense of nationalism for Koreans has to now confront new challenges. The growing number of foreign residents proves that Korea is now in a remarkable turning point for vast transition in the form of a multi-cultural nation. Shin's research studies the issues of a multi-cultural family and it's significance in adequately coping with the consequences that will soon follow in Korean society.
Suguru Taguchi, "Human Computer Interaction - Focusing on the Input Interface"
Machines and computers have become increasingly convenient and sophisticated, yet, at the same time, more complicated. The interaction between human and computer has an important role in operating these complicated machines. Regarding input interface, there has been a boom in the natural user interface (NUI) that detects movement of the body, including the input interface of the touch screen system.
Taguchi analyzes the advantages and disadvantages of input interface, and argues whether NUI, which uses an intuitive operation, can be used as an input interface in a wide range of fields in the future.
Wataru Ishii is a Corporate Affiliates Visiting Fellow at Shorenstein APARC for 2009–10 and 2010–11. He is chief staff of the International Relations Division of Shizuoka Prefecture Government (SPG) in Japan where he has worked for the past 20 years. Before joining Shorenstein APARC, he worked in several departments of SPG, including taxation, tourism promotion, and public relations. He graduated from Kanazawa University with a BA in liberal arts.
Mitsue Kurihara is a corporate affiliate visiting fellow at Shorenstein APARC for 2008-09 and 2009-10. Prior to joining Shorenstein APARC, she worked at the Development Bank of Japan (DBJ) for twenty years. She has comprehensive experience in policy-based financing, in addition to having been involved in the merger of Japan Development Bank with Hokkaido-Tohoku Development Finance Public Corporation into DBJ during her term in the Treasury Department. Over the past five years, she has leveraged her wide network of regional bank and enterprise connections to provide advice on various industrial restructuring and other M&A deals. Kurihara’s latest position at the DBJ was as director in the Department for Business Development (in charge of advisory services for mergers, acquisitions, divestitures, and corporate strategy planning).
Kurihara was also assigned for a time at the Ministry of Education, Culture, Sports, Science and Technology. She graduated from Hitotsubashi University with a BA in law.
Boyoung Shin is a corporate affiliate visiting fellow at Shorenstein APARC for 2008-09 and 2009-10. Boyoung graduated from the University of Southern California (BA in Econ) in 1990 and received his MBA from Yonsei University. He also has military experience as a Marine Officer serving 3.5 years. He had been elected as a Kyong-gi provincial council man twice. There, he had roles of the Chairman of the Special Committee of Budgets and Accounts, the Chairman of the Special Committee of Free Trade Agreements, the Chairman of the Intelligence Committee and others.
Suguru Taguchi is a corporate affiliate visiting fellow at Shorenstein APARC for 2009-10. He joined the Japan Patent Office (JPO) in 1996 and has worked as a patent examiner, handling patent applications mainly in the field of logistics. In 2001, he was in charge of international affairs, especially with respect to the Trade-Related Aspects of Intellectual Property Rights (TRIPS) agreement. In 2007, he was also in charge of policy planning and law amendment with respect to patent attorneys. He graduated from the University of Tokyo with a BS in Mechanical Engineering.
About the talk: Cleantech/Greentech investing has helped the venture capital (VC industry to contract further during the financial crisis. Over the last few years, it has become a significant part of VC investments around the world. In addition, solutions for large local or even global problems ranging from power generation to power efficiency, as well as water and air pollution, new materials, transportation, waste management, etc. are taking center stage even at every government level in most countries around the world. The seminar will focus on the following areas:
Global cleantech/energy investments by asset class
International VC benchmarks of cleantech investments
Deals IRRs & funds IRRs in the United States/Europe
Dr. Haemmig was part of a World Economic Forum team that produced a report on "Green Investing 2010," downloadable below.
About the speaker: Dr. Martin Haemmig's venture capital research covers 13 countries in Asia, Europe, Israel, and USA. He lectures and/or performs research at numerous universities across the U.S., Europe, China and India. He has authored books on the globalization of venture capital. He is Senior Advisor on Venture Capital at SPRIE and advises on venture capital for China's Zhongguancun Science Park. Martin Haemmig earned his electronics degree in Switzerland and his MBA and doctorate in California, and worked for almost 20 years in global high-tech companies in Asia, Europe and the U.S. before returning to his academic career. He became Swiss national champion in marketing in 1994.
Long before the current global economic crisis, Japan adopted important reforms in commerce, corporate governance, finance, and education. These changes stemming from the 1990s "lost decade" have created new opportunities for entrepreneurial activity. Following a presentation of new cross-sectional data on 60,000 operating Japanese corporations started in the last decade, the panel will discuss the state of Japanese entrepreneurship. What companies are forming? Who is behind them? What are their potential fates?
This discussion is part of continuing research being undertaken by SPRIE's Stanford Project on Japanese Entrepreneurship and is presented in conjunction with Entrepreneurship Week at Stanford.
About the Panelists
Richard Dasher
Richard Dasher is Director of the US-Asia Technology Management Center at Stanford University and has been with the Center since 1993. Dr. Dasher maintains an active business consulting practice on international strategy and planning, technology trend and opportunity analysis, and Japan market entry and performance improvement.
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Robert Eberhart is the SPRIE Researcher at the Stanford Program on Regions of Innovation and Entrepreneurship and leads the SPRIE-Stanford Project on Japanese Entrepreneurship. He researches comparative corporate governance of growth companies with emphasis on Japan and the role of institutions in fostering entrepreneurship. Previously, he founded and served as CEO of WineInStyle, a VC-funded start-up Japanese company.
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Shigeo Kagami is Professor and General Manager of Science Entrepreneurship and Enterprise Development (SEED) at the University of Tokyo. His responsibilities there include entrepreneurship education, management of incubation facilities for university start-ups, and relationship management with The University of Tokyo Edge Capital.
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Kenji E. Kushida is a Graduate Researcher at the Berkeley Roundtable on the International Economy (BRIE) and a PhD candidate in the Department of Political Science at University of California Berkeley.
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William Miller is Co-Director of the Stanford Program on Regions of Innovation and Entrepreneurship. Serving as Vice President and Provost of Stanford and President and CEO of SRI International are just two of the many highlights of Dr. Miller's illustrious career in business and academia. He currently serves as Chairman of the Board of Sentius Corporation and is a Founder and Chairman of Nanostellar, Inc.
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Allen Miner is a founder and General Partner of SunBridge Partners and founder and Director of SunBridge Corporation. After joining Oracle Corporation in 1986 he founded and helped lead Oracle Japan, and later served as Oracle's Vice President in charge of Linux/Open Source. He founded SunBridge Corporation in 1999 with the aim of creating a dynamic, collaborative environment in which Japanese information technology startups develop at a globally competitive pace.
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
Panelist
Robert Eberhart
Panelist
Shigeo Kagami
Professor and General Manager
Panelist
Science Entrepreneurship and Enterprise Development, University of Tokyo
Kenji Kushida
BRIE Fellow
Panelist
UC Berkeley
William F. Miller
Panelist
Allen Miner
Founder and General Partner
Panelist
Sunbridge Partners
On January 21, scholars, along with government and business leaders from Japan and the United States, including U.S. Ambassador to Japan Mr. John V. Roos, came together for a transnational "Dialogue on Japan's Entrepreneurial Ecosystem." The event, which took place over Cisco Systems' TelePresence technology and simultaneously connected participants in Tokyo, San Jose, and Stanford, was an opportunity for SPRIE Researcher Robert Eberhart and SPRIE Co-director William F. Miller present new data on Japan's entrepreneurial climate.
The data shed new light on the formation of new companies in Japan over the past ten years and is part of continuing research on Japanese entrepreneurship being undertaken by the SPRIE-Stanford Project on Japanese Entrepreneurship (SPRIE-STAJE). The dialogue presentation can be downloaded from the SPRIE website.