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The Stanford Silicon Valley-New Japan Project
Public Forum Series with Networking
 

Speaker: Robert Cole (Bio)

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Tuesday, January 27, 2015
5:00 – 5:30 pm Networking
5:30pm - 7:00pm Lecture
Cypress Semiconductor Auditorium (CISX Auditorium)

Public Welcome • Light Refreshments

The Silicon Valley - New Japan Project

 


 

Cypress Semiconductor Auditorium (CISX Auditorium)
Paul G. Allen Building, Stanford University
330 Serra Mall, Stanford CA 94305
https://www.google.com/maps?q=CISX+Cypress+Semiconductor+Auditorium@37.4295793,-122.1748332

Robert Cole Professor Emeritus, Haas School of Business, University of California Berkeley
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Stanford-Sasakawa Peace Foundation New Channels Dialogue 2015

"Innovation: Silicon Valley and Japan"

January 22, 2015

Bechtel Conference Center, Encina Hall, Stanford University

Sponsored and organized by the Sasakawa Peace Foundation (SPF) and the Shorenstein Asia-Pacific Research Center (APARC) in Association with U.S.-Japan Council 
 

The Japan Program at Shorenstein APARC, Stanford University is continuing the "New Channels" dialogue which started in 2013 with support from the Sasakawa Peace Foundation. The project was launched to create new channels of dialogue between experts and leaders of younger generations from the United States, mostly from the West Coast, and Japan under name of "New Channels: Reinvigorating U.S.-Japan Relations," with the goal of reinvigorating the bilateral relationship through dialogue on 21st century challenges faced by both nations. 

Last year, in its inaugural year, the Stanford-SPF New Channels Dialogue 2014 focused on energy issues. This year's theme is innovation and entrepreneurship, which will take place on January 22 at Stanford University with participants that include business leaders, academia and experts from both the United States and Japan. On January 23, a closed dialogue among participants will be held at Stanford.

Shorenstein APARC will be tweeting about the conference at hashtag, #StanfordSPF. Join the conversation with the handle, @StanfordSAPARC.

 

Brief Agenda

9:15-9:30 
Welcome: 
Gi-Wook Shin, Director, Shorenstein APARC, Stanford University 
Yuji Takagi, President, Sasakawa Peace Foundation 
 

9:30-10:50 
Panel Discussion I: Current State of Silicon Valley Innovations

Chair: Kazuyuki Motohashi, Sasakawa Peace Fellow, Shorenstein APARC, Stanford University

Panelists: 
Richard Dasher, Director, US-Asia Technology Management Center, Stanford University 
Tak Miyata, General Partner, Scrum Ventures 
Patrick Scaglia, Consultant and Technology Advisor, Startup Ventures and former senior executive, Hewlette Packard 
Norman Winarsky, Vice President, SRI Ventures, SRI International 


11:10-12:30 
Panel Discussion II: Current State of Innovations in Japan

Chair: Kenji Kushida, Research Associate, Japan Program, Shorenstein APARC, Stanford University 

Panelists: 
Yusuke Asakura, Former CEO, mixi 
Takuma Iwasa, CEO, Cerevo 
Yasuo Tanabe, Vice President and Executive Officer, Hitachi Ltd. 
Hiroaki Yasutake, Managing Executive Office and Director, Rakuten

 

12:30-13:30 
Lunch

 

13:30-14:50 
Panel Discussion III: Taking Silicon Valley Innovations to Japan

Chair: Richard Dasher, Director, US-Asia Technology Management Center, Stanford University 

Panelists: 
Jeff Char, President, J-Seed Ventures, Inc. and Chief Mentor, Venture Generation 
Akiko Futamura, President and CEO, InfiniteBio 
Allen Miner, Founder, Chairman & CEO, SunBridge Corporation 
John Roos, former U.S. Ambassador to Japan 
 

15:10-16:30 
Panel Discussion IV: The Japanese Innovation Ecosystem and Silicon Valley: Bringing them Together (How Japanese firms can make use of SV?)

Chair: Takeo Hoshi, Director, Japan Program, Shorenstein APARC, Stanford University

Panelists: 
Robert Eberhart, Assistant Professor, Santa Clara University and STVP Fellow, Stanford University 
Gen Isayama, CEO and Co-Founder, WiL (World Innovation Lab) 
Naoyuki Miyabe, Principal, Miyabe & Associates, LLC 
Hideichi Okada, Senior Executive Vice President, NEC Corporation 
 

Innovation: Silicon Valley and Japan
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Bechtel Conference Center
Encina Hall
616 Serra St., 1st floor
Stanford University
Stanford, CA 94305

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Gi-Wook Shin
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The city of Cupertino, California, is only about 15km from Stanford University, where I teach and live. It is home to the headquarters of Apple, a global leader in the computer and smartphone industries. It is also home to many Indian and Chinese engineers who are essential to Silicon Valley's technological innovation. One can easily find a variety of Asian restaurants and shops along the palm tree-lined streets -- an interesting Californian scene with a distinctly Asian flavor.

Many Asians -- businesspeople, officials and experts -- visit Silicon Valley hoping to unlock its secrets, to learn why it is such a hotbed of innovation. One known "secret" here, often overlooked by Asian visitors, is the importance of cultural diversity. More than half of the area's startups, including Intel, Yahoo, eBay and Google, were established by immigrants, and these companies owe much of their success to the contributions of Chinese and Indian engineers. Cultural diversity can be found throughout the schools, stores and streets, as well as the enterprises, there.

In Israel, too

The circumstances are quite similar in Israel, another economy known for technological innovation. Following the collapse of the Soviet Union in the early 1990s, Israel admitted about 850,000 immigrants. More than 40 percent of the new arrivals were college professors, scientists and engineers, many of whom had abundant experience in research and development. These people played a critical role in promoting economic development and scientific and technological innovation in Israel. Many languages besides Hebrew can be heard on the streets of Tel Aviv, one of the country's largest cities.

It is no accident that Silicon Valley and Israel have become global high-tech centers. They opened their doors to a wide range of talented immigrants. Above all, an atypical sociocultural ecosystem -- a culture that respects and promotes the value of diversity -- is alive in both places.

In the United States, diversity is a key criterion in college admissions and faculty recruitment. Although "affirmative action" has disappeared in many parts of the country, diversity has come to play a key role in American university policies. Most American colleges, including Stanford, have a "diversity office" to promote diversity among students, faculty and staff. At Stanford, white students constitute less than 40 percent of the student body, and almost a quarter of the faculty come from minority groups. Similarly, only five of the 16 staff members at our Shorenstein Asia-Pacific Research Center are Caucasian, with the rest from ethnic and national minorities.

 The same can be said of leading American corporations, many of which have institutionalized "diversity management" to capitalize on the range of individual differences and talents to increase organizational effectiveness. Of course, basic knowledge and skills are prerequisites. But Americans seem to firmly believe that having a variety of backgrounds and experiences can help hatch new ideas and innovative technologies. Perhaps this is why they say that culture accounts for 90 percent of the innovation in products from Silicon Valley, with technology claiming only 10 percent.

The power of diversity

Scott E. Page, professor of complex systems, political science and economics at the University of Michigan, shows in his book "The Difference" how "the power of diversity creates better groups, firms, schools, and societies." In his view, collections of people with diverse perspectives and heuristics outperform collections of people who rely on homogeneous ones, and the key to optimizing efficiency in a group is diversity. In this work, Page pays particular attention to the importance of "identity diversity," that is, differences in race, ethnicity, gender, social status and the like.

To be sure, Asian countries such as Japan and South Korea are different from settler societies such as the U.S. With the influx of foreigners, however, even such ethnically homogeneous Asian societies are becoming multiethnic. In addition to unskilled labor and foreign brides, the number of overseas students and professors is rising at Japanese and South Korean universities, while Japanese and South Korean companies are actively hiring foreign professionals. Both countries are opening their doors to foreigners, though in limited numbers, and have made multiculturalism a key policy objective.

Still, they fall far short of recognizing the value of diversity. While Japanese and South Korean institutes of higher learning have been trying to attract more foreign students, they have been doing so mainly to make up for the declining student population at home and because university ranking agencies use the ratio of foreign students and professors as a key yardstick for measuring internationalization. The approaches of these two countries to multiculturalism are also largely focused on assimilating foreigners into their own cultures and systems. People from abroad are seldom accepted as "permanent" members of their societies or regarded as valuable assets. Japan and South Korea may have become multiethnic, but they are not multicultural.

One of the biggest challenges facing foreign residents in Japan and South Korea is the lack of understanding of their religious and cultural beliefs. Indian engineers working in South Korea complain of the poor acceptance of Indians by the local population, and of an especially poor understanding of their religion and culture. Foreign professors teaching at Japanese universities tell me they live as "foreigners," never accepted into the "inner" circles. It is unlikely that these talented people would like to work long term for universities and enterprises that are unable to embrace differences in skin color and culture. Under these circumstances, even if some foreign professionals happen to be hired, they may not be able to realize the full potential of their abilities, let alone bring about innovation.

All these people with different ethnic and national backgrounds should no longer be regarded simply as "temporary" residents to fill particular needs. Rather, by promoting the cultural diversity of Japanese and South Korean society, they should be viewed as important assets and potential sources of innovation. It is an urgent but difficult task to institutionalize the value of diversity in societies long accustomed to the notion of a single-race nation.

Born on campuses

A country's global competitiveness can hardly be improved if its society is reluctant to respect differences and understand other groups. Universities, in particular, should help their students experience diversity through the regular curriculum and extracurricular activities. Foreign students can serve as excellent resources for promoting diversity. Universities are ideal settings for various groups of students to meet, generate new ideas and interact with one another. It is no accident that many of the innovative ideas associated with Microsoft, Yahoo, Google and Facebook were all born on American university campuses, where diversity is embraced.

Empirical research should be carried out to examine how cultural diversity can bring about technological innovation in Japanese and South Korean society. Based on such studies, governments and private enterprises should take into account diversity in personnel hiring, training, management and evaluation. These same institutions should also systematically work to create and support an organizational culture that values diversity.

Could those Indian and Chinese engineers working in Silicon Valley have brought about the same kind of technological innovation if they had remained in their own countries? Could they accomplish the same feat in Japan and South Korea? How can Asian countries create the kind of ecosystem necessary for promoting a flexible culture of accommodating a broad spectrum of talents? We first need to reflect deeply on these questions before trying to emulate the success of Silicon Valley.

 

Shin recently coauthored the paper, "Embracing Diversity in Higher Education: Comparing Discourses in the U.S., Europe, and Asia" with Yonsei University Professor Rennie J. Moon. It is one outcome of their research project, Diversity and Tolerance in Korea and Asia. This Nikkei Asian Review article was originally carried on Nov. 20 and reposted with permission.

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Japan has long been known as a technology giant, and remains highly entrepreneurial, despite slowed competiveness in the years following the financial crisis of the 1990s. How can Japan continue to reinvigorate its economy? What steps can Japanese and Silicon Valley-based actors take to facilitate long-term, beneficial partnerships?

Ambassador John Roos, who served as U.S. ambassador to Japan from 2009-13, will explore trends of entrepreneurship in Japan, and compare it to those in Silicon Valley. Roos will address the networks, knowledge sharing patterns, and key challenges, such as political and societal barriers to growth, that both Japan and the United States face. During his tenure as ambassador, Roos focused on innovation and trade issues, including Japan’s announcement to join the Trans-Pacific Partnership (TPP). He built many relationships and established constructed dialogue surrounding those issues.

This event will feature Roos in conservation with Ambassador Michael H. Armacost, a Shorenstein Distinguished Fellow, who also served as a U.S. ambassador to Japan (1989-1993).

 

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Ambassador John Victor Roos was the U.S. Ambassador to Japan from August 2009-13, a pivotal period in U.S.-Japan relations. Shortly after presenting his credentials to Japan's emperor, power shifted from the Liberal Democratic Party to the Democratic Party of Japan for essentially the first time in 50 years, and Roos played a key role in managing the U.S.-Japan relationship through the transition. Three and a half years later, power shifted back to the LDP, and once again, Roos was called upon to help manage the relationship through a major shift in government.

During his almost four years in Japan, Roos built relationships and established a rich and active dialogue with government leaders, businesspeople, media, and students over the course of his travels through all 47 of Japan's prefectures. In addition to addressing the security, economic, and global challenges that Japan and the United States faced, Roos put specific focus on innovation and entrepreneurship as well as trade issues, including Japan's announced intent to join the TPP. Roos' work with the business sector resulted in his being recognized, along with his wife Susie, as the 2012 American Chamber of Commerce Japan's Persons of the Year.

Prior to his ambassadorial appointment, Roos served as Chief Executive Officer and Senior Partner at Wilson, Sonsini, Goodrich, & Rosati, a leading law firm in the United States in the representation of technology, life sciences, and emerging growth companies. There he helped lead his firm through multiple waves of innovation in Silicon Valley, from the growth of software and communications, to the Internet Age, to the emergence of biotechnology, clean technology and renewable energy, and to the social media revolution.

Roos is a graduate of Stanford University and Stanford Law School.

Bechtel Conference Center
Encina Hall
616 Serra St., 1st floor
Stanford University
Stanford, CA 94305

Ambassador John Roos Former U.S. Ambassador to Japan
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Japan is often cited for failing to capitalize on its innovative technologies and design aesthetics in global markets, but the advent of cloud computing provides new opportunities, says Kenji Kushida, the research associate for the Japan Program at the Walter H. Shorenstein Asia-Pacific Research Center (APARC), in a new coauthored op-ed.

In Nikkei Asian Review, Kushida writes with Martin Kenney, a professor of community and regional development at the University of California, Davis, that Japan’s market has a strong record of developing high-quality hardware and services, particularly in the consumer electronics and digital content industries, but a majority remains domestic.

Often referred to as the “Galapagos syndrome,” Japan is a technology leader but its output is largely confined to its own borders. The term compares the country’s industry to the Galapagos Islands, located off the coast of Ecuador, where geographic isolation has led to unique evolutionary development.

Kushida, who heads a new research project on Silicon Valley-Japan relationships, and Kenney note that many of the high-end core components in products from U.S. and Asian manufacturers are Japanese, despite loss of visibility on the final product.

The authors also say the rise of global cloud-computing services offers an immense opportunity for Japan, and a way to escape the Galapagos syndrome and enhance its global competitiveness.

The full op-ed can be found on Nikkei Asian Review online.

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Shorenstein Asia-Pacific Research CenterEncina Hall E301616 Serra StreetStanford, CA 94305-6055
(650) 723-1434 (650) 723-6530
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Kazuyuki Motohashi joins the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) during the period of September 2014 to March 2015 as this year's Sasakawa Peace Fellow, from the the University of Tokyo, where he serves as a professor at the Department of Technology Management for Innovation, Graduate School of Engineering. Until this year, he had taken various positions at the Ministry of Economy, Trade and Industry of the Japanese Government, economist at OECD, and associate professor at Hitotsubashi University.

His research interest covers a broad range of issues in economic and statistical analysis of innovation, including economic impacts of information technology, international comparison of productivity, national innovation systems focusing on science and industry linkages, and SME innovation and entrepreneurship policy. He has published several papers and books on the above issues, including Productivity in Asia: Economic Growth and Competitiveness (2007). At Shorenstein APARC, he is conducting the research project, “New Channles: Reinventing US-Japan Relationship”, particularly focusing on innovation in Silicon Valley and its linkage with the Japanese innovation system.

Mr. Motohashi was awarded his Master of Engineering degree from the University of Tokyo, MBA from Cornell University, and Ph.D. in business and commerce from Keio University.

Sasakawa Peace Fellow, 2014-2015
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This lecture is part of a seminar series (open to the public) organized by the US-Asia Technology Management Center.

Co-Sponsored by the Stanford Silicon Valley-New Japan Project, Japan Program


The US-ATMC Autumn 2014 seminar series theme is New Trends in Start-up Company Acceleration: Toward the Rise of the Global Start-up. The series features new incubator and accelerator programs in Silicon Valley and select Asia economies that promote early development of international business operation by start-up companies. How can start-up companies cope with the challenges of business globalization? What are the implications these new models of incubation for the future of Asia economies and for Silicon Valley?

 

Thursdays, Oct. 2 – Dec. 4, 2014
4:15 – 5:30 pm
HP Auditorium (B01), Gates Computer Science Building

Public Welcome • Light Refreshments

US-Asia Technology Management Center Lecture Series


Instructor: Richard Dasher <rdasher [at] stanford [dot] edu>
Course Assistant: Mianmian Wen <mianmian [at] stanford [dot] edu>

EE402A Course Syllabus

Follow @AsiaTechSU and #EE402A on Twitter for a live feed of our discussions.

E-mail Siejen Yin-Stevenson, Assistant Director, at <siejeny@stanford.edu> with questions about the seminar series.


 

Lecture by Gen Isayama on 10/2/2014    VIDEO

Recreating Japan into a Startup Nation
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Stanford University, Gates Computer Science Building B01 – 353 Serra Mall, Stanford, CA 94305 [Campus Map]

Gen Isayama Co-Founder, World Innovation Lab (WiL)
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Former SK Center Fellow at the Freeman Spogli Institute for International Studies
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Yong Suk Lee was the SK Center Fellow at the Freeman Spogli Institute for International Studies and Deputy Director of the Korea Program at the Walter H. Shorenstein Asia-Pacific Research Center at Stanford University. He served in these roles until June 2021.

Lee’s main fields of research are labor economics, technology and entrepreneurship, and urban economics. Some of the issues he has studied include technology and labor markets, entrepreneurship and economic growth, entrepreneurship education, and education and inequality. He is also interested in both the North and South Korean economy and has examined how economic sanctions affect economic activity in North Korea, and how management practices and education policy affect inequality in South Korea. His current research focuses on how the new wave of digital technologies, such as robotics and artificial intelligence affect labor, education, entrepreneurship, and productivity.

His research has been published in both economics and management journals including the Journal of Urban Economics, Journal of Economic Geography, Journal of Business Venturing, Journal of Health Economics, and Labour Economics. Lee also regularly contributes to policy reports and opinion pieces on contemporary issues surrounding both North and South Korea.

Prior to joining Stanford, Lee was an assistant professor of economics at Williams College in Massachusetts. He received his Ph.D. in Economics from Brown University, a Master of Public Policy from Duke University, and a Bachelor's degree and master's degree in architecture from Seoul National University. Lee also worked as a real estate development consultant and architecture designer as he transitioned from architecture to economics.

While at APARC, Dr. Lee led and participated in several research projects, including Stanford-Asia Pacific Innovation; Digital Technologies and the Labor Market; Entrepreneurship, Technology, and Economic Development; The Impact of Robotics on Nursing Home Care in Japan; Education and Development in the Digital Economy; and New Media and Political Economy.

Former Deputy Director of the Korea Program at Shorenstein APARC
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Corporate Affiliate Visiting Fellow, 2014-15
liang_fang.jpg MBA

Liang (Leon) Fang is a corporate affiliate visiting fellow at the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) for 2014-15. Fang is currently cross-border M&A Director at China Sunrain Solar Energy Co. Ltd. and has over 12 years of experience in private equity investment, financial advisory and auditing. Previously, he worked as Investment Director at Prax Capital and Assistant Vice President at CDH Investment Fund as well as the accounting firms of Andersen, PwC and Deloitte. Fang received his MBA degree from Darden Business School at the University of Virginia and his Bachelor of Engineering from Chongqing University in China.

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