SPRIE co-director Henry Rowen examines "The Curious Life of Clusters"
On October 11, the Stanford Board of Trustees approved the appointment of Shorenstein APARC's Director, Gi-Wook Shin, as the Tong Yang, Korea Foundation, and Korea Stanford Alumni Chair of Korean Studies.
An endowment was established in 1999 through the donations of alumnus Jae-Hyun Hyun, the Korea Foundation, and KSA, to enable the university to recruit a social science scholar whose work focuses on Korea from the perspective of contemporary policy issues. In addition to broadening Stanford's teaching and research programs in Asian studies, the holder of this chair is expected to conduct research on the political economy of Korea, trade and finance, security relations, politics, or other topics of importance to understanding Korea in the context of today's world.
When Professor Shin left UCLA to come to Stanford, he left the largest Korean studies program in the nation. With true entrepreneurial spirit, he has built an impressive and dynamic Korean studies program. It hosts luncheon seminars, workshops, and conferences, and has sponsored many Korean scholars, government officials, and business leaders who spend time at Stanford as visiting scholars. It also supports an active research program. Stanford is steadily becoming a world-class center for contemporary Korean studies.
-- Coit D. Blacker, Director FSI
In 2005, Dr. Shin was appointed Director of the Walter H. Shorenstein Asia-Pacific Research Center at FSI. Since becoming director of the center, Shin has been laying a strong and dynamic foundation for interdisciplinary research, training, and outreach, both through his leadership of the Korean Studies Program and his efforts to bring focus to the center's wide-ranging affiliation of Asia-related projects, programs, and initiatives.
About the Donors:
Jae-Hyun Hyun received his MBA from Stanford in 1981. He is the chairman of Tong Yang Group, a diversified business conglomerate of Korea. The Tong Yang Group, which originally built its foundation as a manufacturer of cement and confectionery goods, is a fully integrated financial services group that offers virtually every financial service available in Korea, such as securities, merchant banking, life insurance, mutual funds, credit cards, venture capital, and asset management. Prior to joining Tong Yang, Mr. Hyun served as a public prosecutor at the city of Pusan's Public Prosecutor's Office. He has four children; three have attended Stanford (Jenny '99, Richard '03 and Tina '05).
The Korea Foundation was established in 1991 to promote an understanding of Korea throughout the world and to enhance international goodwill and friendship through a multitude of international exchange programs. The foundation promotes interest in Korea by supporting Korean studies at universities, research institutions, and libraries. The foundation also provides Korean studies materials to individuals and organizations, and provides scholarships for foreign scholars, students, and experts.
The Korea Stanford Alumni (KSA) Association, a group of dedicated Stanford alumni who have returned to Korea, hosts various events for its more than 500 registered members.
SPRIE kicked off the fall quarter with two special events: first was a seminar on October 9 presented by Min Zhu, co-founder of WebEx, who spoke on "Beyond Beijing and High Tech: Chinese Entrepreneurship on the Edge." Min discussed the entrepreneurship scene in China and suggested that Silicon Valley venture capitalists investing there may be heading for trouble. John Boudreau covered the talk in the "Tech Notebook" section of the San Jose Mercury News.
Then, on October 10, Martin Eberhard, Tesla Motors' Co-Founder and President of Technology, spoke at the launch of the Stanford Entrepreneurship Network (SEN), a federation of organizations, including SPRIE, that focus on entrepreneurship acrosss the Stanford campus. Eberhard spoke of taking Tesla from the beginning stages of a start-up and formulated six lessons he learned from the experience. For more information about the SEN, visit the Stanford Entrepreneurship Network.
There is more to entrepreneurship in China than what takes place in Beijing and Shanghai, where high-tech firms make the headlines and international investments are the news of the day. Beyond the big cities, innovative Chinese entrepreneurs are working on exciting and ground-breaking projects in "traditional" industries ranging from shipbuilding to home furnishing that reveal important--though less well known--factors shaping Chinese innovation and entrepreneurship.
As a venture capitalist and founder of Cybernaut, a VC firm focusing on early-stage investment in China, Min Zhu is in touch with what is happening on the ground in the provincial peripheries far from Beijing. He has fascinating and relevant stories to tell of innovative entrepreneurship that is providing the foundation for tomorrow's successful Chinese firms.
Min Zhu (MS '85) has over twenty years' experience in high tech. He is co-founder of WebEx Communications, Inc., a leading Internet conferencing platform company that was acquired by Cisco in early 2007 for $3.2 billion; after co-founding the company in 1996 he served as President and CTO before being named "Chief WebEx"; in 2004 Zhu became a Venture Partner in New Enterprise Associates (NEA), a leading venture capital firm. In 2005 he founded Cybernaut, a Hangzhou-based VC firm focusing on early-stage investment in China. In 2007 Zhu donated $10 million to his alma mater to establish Zhejiang University Innovation Institute (ZII). He is one of the founders and board members of the Hua Yuan Science and Technology Association, serves on a number of Silicon Valley boards and is an advisor for the San Jose Municipal Government.
Philippines Conference Room
Daniel and Nancy Okimoto Conference Room
What are the underpinnings of India's vibrant technology sector? Dr. Dossani will look at the causes and prospects of the sector, including the role of the diaspora, education, familiarity with the English language, entrepreneurship and economic and political reforms.
Rafiq Dossani is a senior research scholar at Shorenstein APARC, responsible for developing and directing the South Asia Initiative. His research interests include South Asian security, and financial, technology, and energy-sector reform in India. He is currently undertaking projects on political reform, business process outsourcing, innovation and entrepreneurship in information technology in India, and security in the Indian subcontinent.
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.
His latest book, India Arriving: How This Economic Powerhouse is Redefining Global Business, will be available at the seminar.
Philippines Conference Room
No longer in residence.
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.
Korea is the showcase of the theory of the developmental state in which the state plays an important role in cultivating entrepreneurship. The success of Chaebols serves to vindicate such a claim. Yet the Korean path of Chaebol-centered development has resulted in a relatively weak parts sector, especially among the small and medium enterprises (SMEs). There have been several attempts from the state since the 1980s to develop the SMEs, but with mixed outcomes. If the Korean state is said to have been successful in creating world-class Chaebols to compete internationally, why has the state failed in developing the SMEs? The talk will explore the causes of the underdeveloped SMEs in Korea and address alternative solutions drawing upon comparisons with the case of Taiwan.
Michelle Hsieh is currently a post-doctoral fellow at the Shorenstein Asia Pacific Research Center at Stanford University. She received her PhD in Sociology from McGill University, Canada. Her research interests fall within the areas of economic sociology, international development, and comparative political economy in Taiwan and Korea. She is working on a book manuscript comparing two competing models of late development using Taiwan and Korea as case studies.
Philippines Conference Room
Shorenstein APARC
Stanford University
Encina Hall, Room E301
Stanford, CA 94305-6055
On February 26, 2007, as part of Stanford University's celebration of Entrepreneurship Week USA, three Stanford alumni, leading entrepreneurs in China, held an animated discussion on their successes, failures and key lessons learned, and on the challenges and pitfalls of startups in China.
The discussion, moderated by SPRIE Co-Director Dr. William F. Miller, featured Jack Hong (MS '91, '06), Principal and Founder of SN38; Derek Ling (MA '95), Founder and CEO of Tianji.com, and Min Zhu (MS '85), Co-Founder of Webex Communications and Partner at New Enterprise Associates.
Some of the topics covered were: leveraging of global resources; what entrepreneurs need to know about China right now; markets that are ripe for startups, and those to avoid; the vital importance of a good local team, and the difficulties the government can present to your start-up, from officials to ever-changing regulations.
The event was co-sponsored by SPRIE and the Asia-Pacific Student Entrepreneurship Society (ASES).
As part of Entrepreneurship Week USA at Stanford University (February 24 - March 3, 2007), SPRIE and the Asia-Pacific Student Entrepreneurship Society (ASES) will be sponsoring a special event: "Global Entrepreneurship: Stanford Trailblazers in China." Leading entrepreneurs in China will discuss how they got started, challenges they are facing, and their outlook for entrepreneurs in China.
Three entrepreneurs, all Stanford alumni, are slated to take part in the panel discussion: Jack Hong, principal and founder of SN38, an incubation fund focusing on social-networking startups in China and the US (Hong was co-founder of SINANET.com while still at Stanford); Derek Ling, founder and CEO of Tianji.com, the leading social networking service for professionals in China, and Min Zhu, co-founder of WebEx Communications, Inc., Venture Partner in New Enterprise Associates (NEA) and, most recently, founder of Cybernaut. Dr. William F. Miller, co-director of SPRIE, will moderate the discussion, which will take place on Monday, February 26, from 4:00 p.m. to 6:00 p.m., in the Bechtel Conference Center in Encina Hall. This event is open to students, the Stanford Community and the general public.
Stanford Entrepreneurship Week events, part of the nationwide Entrepreneurship Week USA festivities, include keynote talks by Thomas Friedman and Steve Jurvetson, an interview with Guy Kawasaki, as well as the Startup Job Fair and a week-long Innovation Challenge. The week begins with an exciting opening ceremony and launch party on Saturday, February 24, followed by daily events. View the full schedule online at eweek.stanford.edu.