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Seventeen years ago, the first public internet connection was established between computer scientists at the Stanford Linear Accelerator Center (SLAC) and Beijing's Institute of High-Energy Physics (IHEP). China now has 400 million online and 750 million mobile consumers and recruits web talent from Silicon Valley for its growing number of innovative web-based technology companies.

The two SLAC and IHEP computer scientists who helped to set in motion China's rise as an online power will be reconnected at the commencement of the China 2.0: The Rise of a Digital Superpower conference to be held October 18-19, 2010 in Beijing. Organized by the Stanford Program on Regions of Innovation and Entrepreneurship (SPRIE), China 2.0-Beijing is the second part of a conference held May 24-25, 2010 at Stanford University. 

Companies thriving in China will increasingly shape the global digital economy, either by their sheer scale at home or through investments and acquisitions in the United States and other developed economies. The conference will address the key questions: What are the drivers of innovation in China's web-based industries? For China 2.0, what are the patterns for flows of people, ideas, technology and capital across the Pacific?  How can we assess the likely future shape and implications of China's rise for consumers, industry players, investors, researchers and policy makers?  To answer these questions, SPRIE's forum will feature presentations by 35 business leaders from China's web-based technology industry, including such fields as gaming, mobile 2.0, and e-commerce.

Several U.S., China, and other international media outlets will cover the event and China 2.0 iPhone and iPad applications are now available. Video from the conference will follow on the SPRIE website and a book and documentary film based on China 2.0 are forthcoming.

For the China 2.0-Beijing agenda, a video interview with the SLAC and IHEP computer scientists, and video overviews of the conference, visit the China 2.0 website.

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Victor Koo, CEO of Youku, at the China 2.0 conference on October 18, 2010.
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Shorenstein APARC
Stanford University
Encina Hall, Room E301
Stanford, CA 94305-6055

(510) 565-4515 (650) 723-6530
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Dr. Chung-Jen Chen is Professor in the Graduate Institute of Business Administration, College of Management, National Taiwan University, Taiwan. He received his doctorate in Strategy & Technology Management from Rensselaer Polytechnic Institute, Troy, New York. His current research interests include knowledge management, innovation behaviors, cooperative and competitive interactions inside and across organizations. Dr. Chen was ranked as the Top 50 Researcher in the technology and innovation management field and received the Technology and Innovation Research Award in 2009 from the International Association of Management of Technology. He has published more than thirty papers in academic management journals and is currently the area editor of "NTU Management Review" and "Organization and Management".

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SPRIE Researcher Robert Eberhart spoke on economic growth strategies at the Philippine Development Foundation USA's "PhilDev USA Business Forum" on September 25 in San Jose. The forum, held to discuss solutions to the Philippines' most pressing development problems, was attended by Filipino and Filipino-American professionals and thought leaders, including Philippine President Benigno ("Noynoy") Aquino III and members of the Philippine senate. Eberhart's presentation, "The Philippines in the New Asian Economic Dynamic," was given as part of a session on "Innovation and Entrepreneurship" and is available for download on the SPRIE website.
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 I gained my definition of success through Stanford . . .

-Makoto Takeuchi, 2004-2005 Corporate Affiliates Program fellow


When Makoto Takeuchi came to the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) as a Corporate Affiliates Program fellow during the 2004-2005 academic year, he was working as a senior manager with the Business Development Group of Kansai Electric Power Company, located in Osaka, Japan. Osaka, part of Japan's Kansai region, is a bustling metropolis and an important economic and historical center of Japan. Kansai Electric Power Company is a large energy company that utilizes a combination of energy sources, including nuclear power, which makes up over 50 percent of its power supply, as well as thermal (oil, coal, and liquid natural gas) and hydropower.

Takeuchi found the environment of Stanford University, including its situation in Silicon Valley, stimulating. "I was excited by the diversity and speed of dynamic innovation in Silicon Valley, and the people who utilize their knowledge and skills in order to achieve their dreams," he said. Drawing from this, he carried out a research project exploring complementary strategies for sustainable corporate growth. He concluded that such sustainable growth comes from a balance of internal and external resources and short- and long-term gains, driven by innovation, integration, and interaction.

During his time at Shorenstein APARC, Takeuchi also developed his understanding of working as a part of a team on a project. "I learned that the success of projects requires orchestrating the talents and efforts of many people," he said. He now applies his knowledge of teamwork to the work that he does today, including the essential skill of communicating with colleagues from different cultural and professional backgrounds. Being sensitive to the values of others is crucial when it comes to collaboration, he learned.

Prior to coming to Stanford University, Takeuchi had not yet defined his own idea of "success." He now measures success by the positive impact that he has on society, which to him is evidenced by the "smiles on the faces of my customers, stakeholders, and family." Takeuchi has the opportunity to effect positive economic and energy development in his new position as a senior energy specialist with the World Bank's East Asia Sustainable Development Department. "When I considered how I could make the most of my skills . . . the answer was to provide clean energy through a sophisticated power system with renewable energy and to contribute to what people in the region really want," he explained. In his role with the World Bank, Takeuchi is working toward increasing access to cleaner energy and laying the foundation for sustainable growth in developing countries, and, of course, to gain smiles in the process.

For current and future Corporate Affiliates fellows, Takeuchi imparts the wisdom: "As soon as possible, you should discover the criteria for evaluating your own success. Then, you should just run toward it!"

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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.

Hitotsubashi Memorial Auditorium
Tokyo, Japan

Symposiums

中文版--Chinese version available here

China 2.0 Beijing Overview Videos Now Online!

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China 2.0 Beijing Introduction

China's First Internet Connection 

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
  • Victor Koo, CEO, YouKu
  • John Liu, Vice President, Google
  • Shen Haoyu, Senior Vice President--Operations, Baidu
  • Brian Wong, Global Head of Sales, Alibaba

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.

Final agenda (printable version here):

Monday, October 18, 2010

8:30 - 9:00 Registration
9:00 - 9:15

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 by Marguerite 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 by Duncan 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 by Loretta 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 by Bill 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 by Thomas 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 by Jeremy Goldkorn, Founder, Danwei

3:00 - 3:40 Keynote Speech: Shen Haoyu, Senior Vice President-Operations, Baidu
3:40 - 4:00 Break

4:00 - 5:00

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 by Jonathan 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 by Kathrin 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:

 

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Media Participants

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Official PR Partner

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Photos

Photos from the May event are available on SPRIE's Flickr page.

Videos

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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

Overview videos for China 2.0 are available here. If you are trying to view the videos from within China, they are accessible on BDA's website

Videos from China 2.0 (May 2010) are now avallable at iTunes University (do a power search for "China 2.0" in the title field).

Grand Millennium Hotel, Beijing, China

Conferences
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The United States belongs to various organizations and networks that encompass countries on both sides of the Pacific Ocean. The East Asia Summit (EAS) is not among them. Should the US try to join? This working paper by Donald K. Emmerson answers that question with a qualified yes: Despite formidable difficulties affecting President Obama's schedule of foreign travel, his administration should try to "ease" the US into the Summit, initially as a guest of the host country.
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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.

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In this session of the Shorenstein APARC Corporate Affiliate Visiting Fellows Research Presentations, the following will be presented:

Hirofumi Takinami, "Political Economy of the Financial Crises in Japan & United States - A Comparative Study on the Bailout of Financial Institutions"

Currently, the United States is suffering from a financial crisis.  Japan has struggled with a financial crisis from the late 1990's to the early 2000's.  What implications can be drawn from these crisis experiences of the two largest economies in the world?  As one part of a collaborative research with Professor Phillip Lipscy on "Policy Innovation in Japan and the United States:  A Comparative Study of Response to Finiancial Crises", Takinami analyzes which elements are crucial in the use of bailout of financial institutions as a means to address financial crises.  Stressing that taxpayers' understanding and market sentiment are key, he makes arguments especially on the "learning effect" of Japanese financial crisis and the importance of action by the national leader and his/her secretarial organizations.

 

Takashi Uchida, "Comparative Research Study of Manufacturing Between the United States and Japan"

Manufacturing consists of upstream (raw material suppliers), middle stream (casting, dyes, metal press, etc.) and downstream (automobile companies, machinery companies, and electric companies).  To accurately view the structure of manufacturing as "supply chain", Uchida analyzes where manufacturing value comes from.  In particular, Uchida takes a look at the automobile market, comparing the difference between manufacturing in Japan and the United States.

 

Zheng Wang, "Valuation and Integration of Intangible Assets in Mergers and Acquisitions"

In modern economies, a large proportion of a company's assets tend to be intangible, such as brand names.  Intangible assets have become one of the key factors behind a company's competitive strength.  In particular, obtaining a target's intangible assets has been the major driving force in M&A activities during the past years.

M&A for intangible assets tends to be more complicated than for tangible assets, mainly due to the challenges in terms of valuation and post-deal integration.  In this research presentation, Wang analyzes some special issues in valuation and integration of intangible assets in M&As, and tries to draw useful lessons on M&A for intangible assets through case study.

Philippines Conference Room

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Hirofumi Takinami is a corporate affiliate visiting fellow at Shorenstein APARC for 2009-10 and 2010-11.  He is currently undertaking a collaborative research with Professor Phillip Lipscy, one of the faculty of Shorenstein APARC and Assistant Professor in the Department of Political Science, on the financial crises in Japan and the U.S.

Takinami has been working for the Japanese government for 16 years.  He served, among others, in policy coordination and management positions notably in the public finance area, including Deputy Cabinet Counselor in charge of coordinating domestic and economic policies at Cabinet Secretariat; Director for Office of Planning and Personnel Management, Deputy Budget Examiner on social security expenditures and Deputy Director for Legal Division at the Ministry of Finance.

In addition to positions related to domestic policy, Takinami also worked internationally, attending as one of Japanese delegates to meetings, including Ministerial-level, of Asia-Pacific Economic Cooperation (APEC) and the Asia Europe Meeting (ASEM).  While sent to the Ministry of Justice, he served as Special Advisory Staff to the Director-General of Criminal Affairs Bureau, addressing international economic crimes. 

Takinami graduated from the University of Tokyo in 1994, earning a Bachelor of Law.  In his first dispatch to the United States by the Ministry of Finance, he received a Master of Public Policy from the University of Chicago in 1998 with a major in finance and public finance.

Takinami was born and raised in Ono, Fukui, the prefecture next to Kyoto, known for producing many CEO's in Japan.  He is proud of inheriting the virtues of "dilligence, honesty and gratitutde" of this snowy country.

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Hirofumi Takinami Ministry of Finance, Japan Speaker
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Takashi Uchida is a corporate affiliate visiting fellow at Shorenstein APARC for 2009-10. Prior to joining Shorenstein APARC, he held positions at the Ministry of Economy, Trade and Industry (METI) for about 10 years, where he took charge of policy making.  His latest position at METI was as deputy director in Manufacturing Industries Bureau.  He graduated from Kyoto University in Economics.

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Takashi Uchida Ministry of Economy, Trade & Inudustry, Japan Speaker
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Zheng Wang is a corporate affiliate visiting fellow at Shorenstein APARC for 2009-2010. She is also currently deputy director-general of M&A Department of PetroChina Company Limited in China. She received her BA and MA in Finance from Renmin University of P.R.China, and has worked for PetroChina Company Limited and its parent company,  China National Petroeum Corporation (CNPC), for more than twenty years after graduation. In the past years and currently, most of the fields which she has engaged in are related to M&A, equity capital markets and foreign debt management.

 

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Zheng Wang PetroChina Company Speaker
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