Stanford University

Entrepreneurship

Stanford Program on Regions of Innovation and Entrepreneurship joins Graduate School of Business

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Program to enhance global reach and innovation research at business school

We are thrilled to welcome SPRIE, a catalyst for cutting-edge knowledge in this space, and a natural fit for us.
- Garth Saloner, Dean of the Stanford Graduate School of Business

STANFORD GRADUATE SCHOOL OF BUSINESS — The Stanford Program on Regions of Innovation and Entrepreneurship has joined the Graduate School of Business, where it will expand and enhance the depth and reach of global content for the school's academic programs and research.

Peter Wegner, MONUMENT TO CHANGE AS IT CHANGES at Knight Management Center, Stanford Graduate School of Business
The Stanford Program on Regions of Innovation and Entrepreneurship (SPRIE) is focused on understanding the development and practice of innovation and entrepreneurship around the world. Current research focuses on the dynamics and sustainability of Silicon Valley and high-technology areas across Europe and Asia, including those in mainland China, Taiwan, Japan, India, Korea, and their collaboration and competition in the evolving global innovation network. Specific projects focus on "Silicon Valley Transforming," the rise and implications of China's internet industry ("China 2.0"), Japanese entrepreneurship ("STAJE"), and clean energy and urbanization ("Smart Green Cities").

SPRIE's core activities include global interdisciplinary research, seminars, and conferences, as well as publications and briefings for industry and government leaders. Upcoming events this month at Stanford include a panel discussion, "Re-examining the State of Japanese Entrepreneurship," on Sept. 21 and "China 2.0: Transforming Media and Commerce in China," SPRIE's third in a series of highly successful forums. Keynotes for "China 2.0" on Sept. 30 will include investors, entrepreneurs, and founders or CEOs of billion-dollar Chinese internet firms, including Jack Ma of Alibaba and Joe Chen, MBA '99, of RenRen.

"Innovation and entrepreneurship are hallmarks of the GSB experience," said Garth Saloner, dean of the Stanford Graduate School of Business. "We are thrilled to welcome SPRIE, a catalyst for cutting-edge knowledge in this space, and a natural fit for us. SPRIE complements and augments many of our existing efforts, including the Center for Entrepreneurial Studies and the Center for Global Business and the Economy."

Knight Management Center, Stanford Graduate School of Business
Previously housed at Stanford University's Freeman Spogli Institute for International Studies, SPRIE is led by faculty directors William F. Miller and Henry S. Rowen, as well as Associate Director Marguerite Gong Hancock. Miller, the former provost of Stanford University and the Herbert Hoover Professor of Public and Private Management, Emeritus, at the business school, is also a professor emeritus of computer science at the engineering school. He was CEO of SRI International, where he established a spin-out and commercialization program. Rowen is a senior fellow at the Hoover Institution and the Edward P. Rust Professor of Public Policy and Management, Emeritus, at the business school, as well as former president of the RAND Corporation. He is an expert on international security, economic development, and high-tech industries in the United States and Asia.

Hancock leads research initiatives, conferences, and publications on topics ranging from "China 2.0: The Rise of a Digital Superpower" to "Smart Green Cities." She is coeditor of books published by Stanford University Press: The Silicon Valley Edge (2000), Making IT: The Rise of Asia in High Tech (2006), and Greater China's Quest for Innovation (2008). Hancock also codirects SPRIE executive and policymaker training programs on leading innovation and entrepreneurial regions in the global economy.

"We are very pleased to join the Graduate School of Business and look forward to collaborating on international and interdisciplinary research and conferences relevant to business students, executives, and government leaders from around the world who are focused on leading innovation and creating value," said Miller.

SPRIE research focuses on the nexus of innovation and entrepreneurship in high-technology clusters, through questions such as:

  • What factors enable innovative and entrepreneurial regions to advance and be sustained? What divergent models and strategies are evident in emerging regions?
  • Why have some regions lagged, despite strong assets such as skilled workers or capital investments? What obstacles hinder a region's development?
  • How do the flows of ideas, technology, people, and capital define new global linkages? How do these shape the emerging global high-technology system?
  • With the rise of China, India, and other high-technology powerhouses, what new patterns of interaction are emerging among major players? How can companies and governments best respond to new critical challenges and opportunities?

For more information on research, executive programs, or events at SPRIE, contact Yan Mei at yanmei@stanford.edu or visit http://sprie.gsb.stanford.edu.

For More Information Contact: Barbara Buell, Director of Communications, Stanford Graduate School of Business at buell_barbara@gsb.stanford.edu or 650-723-1771.

For Comment: Marguerite Hancock, Associate Director, Stanford Program on Regions of Innovation and Entrepreneurship at the Graduate School of Business at mhancock@stanford.edu or 650-723-4588.

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Global Inequalities, Performance Gaps, and Mobile Innovations

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Abstract
Paul Kim will share his long journey that has been focused on devising, offering, and evaluating educational access to the underserved children in developing regions of the world. In shedding light on how these fortuitous events, this narrative account of educational progress and change shares the research outcomes of a variety of mobile technology-integration projects at the K-12 level including: (1) literacy development in Mexico, (2) mobile math learning in California and India, (3) executive functioning assessment in Palestine, and (4) mobile science learning in El Salvador and India. Each country and school visited has its own unique story or set of stories and outcomes that can guide future developments of mobile learning technology including educational games, e-books, and other applications.

Paul Kim is the Assistant Dean for Technology & CTO for Stanford University School of Education. He is one of researchers for Programmable Open Mobile Internet (POMI) http://pomi.stanford.edu. He has been conducting research with multidisciplinary approaches and teaching graduate courses on technology-enabled empowerment and entrepreneurship. He is also working with numerous international organizations in developing mobile empowerment solutions for extremely underserved communities in developing countries. In the higher education space, he advises investment bankers and technology ventures focused on e-learning, knowledge management, and mobile communication solutions. His due-diligence engagements include early-stage angel funding and also later-stage private equity-based investments for large education enterprises.

Wallenberg Theater

Paul Kim Speaker Stanford University
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Liberation Technology Seminar Series

Kavita Ramdas joins CDDRL's new program on social entrepreneurship

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The Center on Democracy, Development, and the Rule of Law (CDDRL) at Stanford University announced today that Kavita N. Ramdas will assume the position of executive director of the newly launched Program on Social Entrepreneurship. Ramdas is widely recognized as a pioneer in the field of global development, gender justice, and philanthropy working for over 20 years to advance the rights of marginalized and excluded communities worldwide.

As President and CEO of the Global Fund for Women from 1996 to 2010, Ramdas led the largest public grant-making organization in the world supporting women's human rights in over 170 countries. During her tenure at the Global Fund for Women, Ramdas more than tripled the Fund's assets allowing grant-making to increase 12 percent annually, and expanded the Fund's portfolio of investees threefold. Harnessing her exceptional skills and networks to lead this new program, Ramdas will bring social entrepreneurs, academics, and students together at Stanford to advance research and accelerate social change.

"Kavita Ramdas is one of the world's most respected international development practitioners, social justice advocates, and thinkers in the emerging field of social entrepreneurship," said CDDRL deputy director and co-investigator for this project, Kathryn Stoner. "At Stanford, Kavita recognized the need to bring a practitioner's perspective into the classroom and infuse our research agenda with a first-hand account of the challenges confronting the developing world. The Program on Social Entrepreneurship will bring global practitioners to Stanford to engage our students, faculty, and researchers in more active exchange and connection to the most pressing issues of the twenty-first century."

The Program on Social Entrepreneurship will be housed at the Center on Democracy, Development, and the Rule of Law at the Freeman Spogli Institute for International Studies, where interdisciplinary research is conducted by leading faculty, scholars, and students. Deborah L. Rhode the Ernest W. McFarland Professor of Law and director of the Stanford Center on the Legal Profession at the Stanford Law School will serve jointly with Kathryn Stoner-Weiss, Senior Fellow at the Freeman Spogli Institute, as a faculty principle investigator to the program.

"We are thrilled that Kavita Ramdas is joining the ranks at CDDRL to advance our research on global under-development, poverty reduction, and economic growth," said CDDRL Director Larry Diamond. "She will bring to the Center a wealth of practical experience and a passionate commitment to supporting grassroots initiatives and leaders who are pioneering new approaches to intractable problems worldwide, all of which will be a wonderful asset to our center and students, the Freeman Spogli Institute, and to Stanford."

The Program on Social Entrepreneurship will join four other core research programs at CDDRL, which probe the most urgent issues in the field of democracy and development today, including; information and communication technology's impact on political development, how human rights can best be deployed to advance social justice, the state of poverty and governance in Latin America, and the prospects for democratic reform in the Arab world. Working in partnership with other institutes on campus, the program will benefit from the guidance and active engagement of a cross-disciplinary faculty advisory committee at the Haas Center for Public Service, the Center for Philanthropy and Civil Society, the Clayman Institute for Gender Research, Stanford Law School, Stanford Medical School, and the Center for Social Innovation at the Graduate School of Business.

The hallmark of the Program on Social Entrepreneurship is an eight-week "entrepreneur in residence" initiative that will bring four rising leaders to Stanford twice a year to expose researchers, students, and the local philanthropic community to the ideas, visions, and strategies they are using to transform their societies. These social entrepreneurs drawn from the U.S. and abroad will have the opportunity to reflect on their work, engage the scholarly community to advance research on this emerging field, and galvanize international support for their innovative work. Visiting entrepreneurs will be featured in seminars, courses, and special events across the larger university and the Silicon Valley during their residency at Stanford to reach as broad an audience as possible.

During the 2010-11 academic year, Ramdas was in residence at Stanford University as a visiting scholar and fellow at CDDRL and the Center on Philanthropy and Civil Society. During that time she co-taught a course at the School of Education examining the aspects of gender, education, and development. In spring 2011, she served as practitioner-in-residence at Princeton University's Woodrow Wilson School of Public and International Affairs. Prior to her time at the Global Fund for Women, Ramdas developed and implemented grant-making programs to combat poverty and inequality in inner cities across the United States and to advance women’s reproductive health on a global scale as a program officer at the John D. and Catherine T. MacArthur Foundation.

Ramdas's extensive experience in the fields of global development, human rights, women's leadership, and philanthropy extend to her array of prestigious affiliations and awards. At present, she serves on the Board of Trustees of Princeton University and Mount Holyoke College, both of which are her alma maters. Ramdas's leadership skills were recognized early in her tenure at the Global Fund for Women when she was selected to the prestigious Henry Crown Fellowship at the Aspen Institute.

Her accomplishments in the nonprofit field have led her to serve as an advisor and board member to a number of leading foundations and organizations, including; the Rockefeller Brothers Fund, the Advisory Council of the University of Chicago’s Global Health Initiative, the Global Development Program of the Bill & Melinda Gates Foundation, the Advisory Council of the Asian University for Women, PAX World Management, and the Council of Advisors on Gender Equity of the Woodrow Wilson School of Princeton University. She has just been invited by the United States Department of State to chair their new initiative on Women and Public Service, an effort spearheaded by Secretary of State Hillary Clinton and Ambassador Melanne Verveer. Ramdas also chairs the Expert Working Group of the Council of Global Leaders for Reproductive Health, an initiative of the Aspen Institute led by Mary Robinson former President of Ireland. Ramdas continues to provide strategic oversight and guidance to the Global Fund for Women in her capacity as a member of the Global Fund’s Council of Advisors.

Ramdas received academic training from Delhi University, a bachelor's degree in political science and international relations from Mount Holyoke College, and a master's degree in public affairs with a focus on international economic development from the Woodrow Wilson School of Public and International Affairs at Princeton University.

"I look forward to launching this new program and joining the dynamic community at CDDRL and Stanford University," said incoming executive director of the Program on Social Entrepreneurship, Kavita Ramdas. "There is so much potential to catalyze the energy and expertise of the practitioner community and enhance the research of faculty and everyday learning experience of the student. I am confident that together we will transform ripples into waves of long-term transformational change across the developing world through this program."

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Re-examining the State of Japanese Entrepreneurship

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Event Overview:

In the US, entrepreneurship is the engine that drives economic growth. Especially in Silicon Valley, people understand how this engine works: how entrepreneurs behave, how they view risk, where they get their funding, how their successes are rewarded, and what happens when their ventures fail. What about their Japanese counterparts? The conventional wisdom in the US is that Japanese entrepreneurship is not only different from the American variety but is also less vibrant, less well-funded, more risk-averse, and generally a less important "engine" for overall economic growth.  Is this conventional wisdom generally correct? Or are the perceived shortcomings of the Japanese entrepreneurial system (for example, the vastly lower venture capital investment figures routinely quoted) just that -- "perceived" rather than real? What business and cultural factors could explain such misperceptions, and what are the implications for cross-border entrepreneurial opportunities?  Join our panelists, Robert Eberhart, Kenji Kushida, and Lisa Katayama, as they discuss the myths, reality and promise of Japanese entrepreneurship and its impact on the overall Japanese economy.

Keizai Society’s theme for the remainder of 2011 is “Recovery and Renewal – Toward a New Japan of Compassion and Growth.” Going forward, all 2011 programs of Keizai Society will be dedicated to building awareness of the crisis in Japan and sustaining Japan’s recovery efforts. Also proceeds from these programs shall be donated to Keizai’s Japan Relief Fund. Please come and find out what the real impact of the disaster is and where we go from here to recover, renew and grow again.

Panelist Bio:

Mr. Robert Eberhart is a researcher at Stanford’s Program on Regions of  Innovation and Entrepreneurship where he leads the Stanford Project on Japanese Entrepreneurship.  His research focuses on comparative corporate governance of growth companies with special emphasis on Japan and the role of Japanese institutions in fostering entrepreneurship.  He is a member of the Academy of Management, the International Society for New Institutional Economics, on the board of advisors to Japan’s Global Entrepreneurship Week, and an advisor to Japan’s Board of Director’s Training Institute.  He serves as an academic advisor to the American Chamber of Commerce’s Task Force on New Growth Strategies and is a frequent speaker and guest lecturer in various programs at Stanford and Japan.  Mr. Eberhart received a Master’s degree in Economics from the University of Michigan after undergraduate studies in Finance at Michigan State University.  He is a doctoral candidate in Stanford’s department of Management Science and Engineering.  

Dr. Kenji Kushida is a research associate at the Shorenstein Asia-Pacific Research Center at Stanford University.  He is also an affiliated researcher with the Berkeley Roundtable on the International Economy (BRIE) at the University of California Berkeley.  He completed his PhD in Political Science at the University of California Berkeley, and holds Masters and Bachelors Degrees from Stanford University in East Asian Studies and Economics.  Dr. Kushida’s ongoing research interests are focused on politics, institutions, and markets, mainly in Japan, Korea, and the United States. His publications include analyses of how Information Technologies are transforming services activities, understanding the emerging Cloud Computing markets, and the political economies of broadband and mobile in Japan and South Korea. He recently completed a study on entrepreneurship in Japan’s ICT sector, and plays an active role in facilitating exchange between Japanese startups and Silicon Valley. He has also authored two books in Japanese: “Baikaruchaa to nihonjin [Biculturalism and the Japanese:  Beyond English Linguistic Capabilities]” and “International school nyumon [International Schools, an Introduction]”.

Ms.  Lisa Katayama is a San Francisco-based journalist who writes about Japanese culture, technology, and entrepreneurship for Wired, Popular Science, Fast Company, and The New York Times Magazine. She is also the founder of The Tofu Project, a highly curated boutique program that will bring 10 of the most successful, innovative young entrepreneurs from Japan to SF for a 7-day design and out of the box thinking crash course at the end of October.    

She is also a producer for PRI's Studio360 radio show, the author of a book called Urawaza: Secret Everyday Tips and Tricks from Japan, and a correspondent for Boing Boing, one of Time Magazine's five most essential blogs of 2010, and has spoken about Japanese web culture to the BBC, CNN, ABC, Martha Stewart Radio, and at venues like O'Reilly's ETech conference and the Foreign Correspondents Club of Japan. Her personal web site, TokyoMango, was a runner up for the Weblog Awards in 2009. She has a BA in International Relations and French from Tufts University and a MA in Human Rights from Columbia University. When she's not working, she rock climbs, does triathlons, and plays the ukulele to her two dogs.

 

Online live cast provided via Ustream

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Log-in instructions for the live cast will be sent on 9/20/2011 to those who registered

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Robert Eberhart SRIE Researcher Panelist Stanford Project on Japanese Entrepreneurship

Kenji E. Kushida

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kenji_kushida_2.jpg
MA, PhD
Kenji E. Kushida was a research scholar with the Japan Program at the Walter H. Shorenstein Asia-Pacific Research Center from 2014 through January 2022. Prior to that at APARC, he was a Takahashi Research Associate in Japanese Studies (2011-14) and a Shorenstein Postdoctoral Fellow (2010-11).
 
Kushida’s research and projects are focused on the following streams: 1) how politics and regulations shape the development and diffusion of Information Technology such as AI; 2) institutional underpinnings of the Silicon Valley ecosystem, 2) Japan's transforming political economy, 3) Japan's startup ecosystem, 4) the role of foreign multinational firms in Japan, 4) Japan's Fukushima nuclear disaster. He spearheaded the Silicon Valley - New Japan project that brought together large Japanese firms and the Silicon Valley ecosystem.

He has published several books and numerous articles in each of these streams, including “The Politics of Commoditization in Global ICT Industries,” “Japan’s Startup Ecosystem,” "How Politics and Market Dynamics Trapped Innovations in Japan’s Domestic 'Galapagos' Telecommunications Sector," “Cloud Computing: From Scarcity to Abundance,” and others. His latest business book in Japanese is “The Algorithmic Revolution’s Disruption: a Silicon Valley Vantage on IoT, Fintech, Cloud, and AI” (Asahi Shimbun Shuppan 2016).

Kushida has appeared in media including The New York Times, Washington Post, Nihon Keizai Shimbun, Nikkei Business, Diamond Harvard Business Review, NHK, PBS NewsHour, and NPR. He is also a trustee of the Japan ICU Foundation, alumni of the Trilateral Commission David Rockefeller Fellows, and a member of the Mansfield Foundation Network for the Future. Kushida has written two general audience books in Japanese, entitled Biculturalism and the Japanese: Beyond English Linguistic Capabilities (Chuko Shinsho, 2006) and International Schools, an Introduction (Fusosha, 2008).

Kushida holds a PhD in political science from the University of California, Berkeley. He received his MA in East Asian Studies and BAs in economics and East Asian Studies with Honors, all from Stanford University.
Kenji Kushida Research Associate in Japanese Studie Panelist Stanford University APARC; Affiliated Researcher, BRIE
Lisa Katayama Journalist and Founder of the Tofu Project Panelist
Panel Discussions

U.S.-Japan VC Cooperation and the "Fly Over Phenomenon"

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Organized by the Stanford Project on Japanese Entrepreneurship (STAJE) at SPRIE, Stanford Graduate School of Business, this panel discussion will talk about the Japanese government, METI's and U.S. Embassy's efforts to promote cross border investments between U.S. and Japan.

A particular interest in the discussion will be the "fly over phenomenon", which is the tendency of U.S. based venture capital firms to fly from Silicon Valley, over Japan, and land into China.

The panel will consist an elite group of experts, Michael Alfant, CEO of Fusion Systems, Martin Kenney, Professor at UC Davis, Allen Miner, CEO of SunBridge Corporation, and a venture capitalist to be named.

 

About the speakers

Mr. Robert Eberhart is a researcher at Stanford’s Program on Regions of Innovation and Entrepreneurship where he leads the Stanford Project on Japanese Entrepreneurship.  His research focuses on comparative corporate governance of growth companies with special emphasis on Japan and the role of Japanese institutions in fostering entrepreneurship. Mr. Eberhart received a Master’s degree in Economics from the University of Michigan after undergraduate studies in Finance at Michigan State University.  He is a doctoral candidate in Stanford’s department of Management Science and Engineering.  

Michael Alfant is the Group President and CEO of Fusions Systems Co., Ltd., headquartered in Tokyo, with offices in Shanghai, Hong Kong and Singapore. Fusion Systems is one of Asia's fastest growing leaders in Business Technology and Systems Consulting.  Michael started an IT solutions company named Fusion Systems Japan in 1992. Mr. Alfant is the President of the American Chamber of Commerce in Japan, a frequent speaker at US and Japanese Universities, and a member of the Board of Directors of listed firms in both America and Japan. Michael Alfant graduated from the City University of NY with a BS in Computer Science.

Martin Kenney is a Professor in the Department of Human and Community Development at University of California, Davis and Senior Project Director of Berkeley Roundtable on the International Economy (BRIE) at the University of California, Berkeley. He is the author and/or editor of five books and 120 articles examining venture capital, high technology and regional development, and university-industry relations. He is an editor at Research Policy and for a Stanford University Press book series on innovation in the global economy. Martin has also been a visiting researcher at the Copenhagen Business School, and Cambridge Hitotsubashi, Kobe, Stanford, and Tokyo Universities.

Allen Miner is a founder/General Partner of SunBridge Partners and the founder/CEO of SunBridge Corporation. Allen has significant experience in Internet, enterprise and open-source software, entrepreneurship, and international technology transfer.  Allen has been actively involved in each of the firm’s investments resulting in numerous successful IPOs, including Salesforce.com, MacroMill, ITMedia and G-Mode, among others. Allen is currently a member of the Board of Directors of Salesforce Japan.

Scott Ellman is CEO and Co-Founder of USAsia Venture Partners. He has over twenty years of experience in strategic alliances, marketing, and business development. Scott has held senior positions at high technology pioneers Silicon Graphics (SGI) and VMware where, among other things, he managed some of the companies' most important alliances such as those with Hitachi, Toshiba, Oracle, NEC, Dell, IBM, and HP. Scott is a strategic advisor to several technology companies as well as the Keizai Society and a member of the Japan-US Innovation in Business and Technology Advisory Council. He holds an MBA from the Stanford Graduate School of Business and a BS in Applied Mathematics and Economics from Brown University.

Quaeed "Q" Motiwala joined JAIC US in 2008 and brings 14 years of product and business development experience, working extensively across US, Japan, South Korea and India.  At DFJ JAIC, he specializes in Mobile, B2B Software and Cleantech sectors in the US. Prior to JAIC, Q spent 11 years at Qualcomm in various ASIC product development and business leadership roles that included deploying 3G EV-DO in Korea, Japan and U.S, leading the initiative to embed wireless in notebooks and automobiles and leading business efforts at the Indian wireless carriers.  He was also part of two mobile software startups - SKY MobileMedia and Azteq Mobile. Q holds 5 patents in wireless telecom, has an MBA from Anderson School of Management, UCLA, an M.S.E.E from Virginia Tech and a B.E. (Electronics) from University of Bombay. Q serves as a Board of Director at Tradescape, Innopath Software, and Vitriflex.  

William F. Miller is Herbert Hoover Professor of Public and Private Management Emeritus; Professor of Computer Science Emeritus; President Emeritus, SRI International; Chairman Emeritus, Borland Software Corporation; and Chairman/Founder of Nanostellar, Inc. Professor Miller has carried out research on atomic and nuclear physics, computer graphic systems and languages, computer systems architecture, and the computer industry. His current research interests are on industrial development with special interest in local and regional industrial development, the evolution of regions of innovation and entrepreneurship, the “habitat” for entrepreneurship, and the globalization of R&D. His international industrial development studies have focused on Japan, Korea, China, Taiwan, and Malaysia.

 

Directions

Map of Knight Management Center:
http://www.gsb.stanford.edu/news/packages/PDF/GSB-kmc-campus-map-Final.pdf

Directions to Stanford Graduate School of Business:
http://www.gsb.stanford.edu/about/directions.html

Presented by the Stanford Program on Regions of Innovation and Entrepreneurship-Stanford Project on Japanese Entrepreneurship (SPRIE-STAJE) at the Stanford Graduate School of Business. Parking on the Stanford University campus can be challenging, so please consider arriving early. Parking is free after 4PM. Parking spaces may be available at the new Knight Management Center, Stanford Graduate School of Business:
http://www.gsb.stanford.edu/about/gsbvisitors.html

C102, MBA Class of 1968 Building
Stanford Graduate School of Business
Knight Management Center
655 Knight Way
Stanford, CA 94305-7298

Robert Eberhart Researcher Moderator SPRIE, Stanford University
Michael Alfant CEO Panelist Fusion Systems

Martin Kenney

Shorenstein APARC
Stanford University
Encina Hall E301
Stanford, CA 94305-6055

(650) 724-6404 (650) 723-6530
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Visiting Scholar, 2008-09
Martin Kenney Professor Panelist UC Davis
Allen Miner CEO Panelist SunBridge Corp.
Scott Ellman CEO Panelist USAsia Venture Partners
Quaeed ‘Q’ Motiwala Managing Director Panelist DFJ JAIC
William F. Miller Faculty and Co-director Panelist SPRIE, Stanford University
Panel Discussions
Stanford Project on Japanese Entrepreneurship (STAJE)

China 2.0: Transforming Media and Commerce

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The SPRIE conference on "China 2.0: Transforming Media and Commerce" was held at the Graduate School of Business at Stanford University, in the heart of Silicon Valley, on Friday, September 30, 2011. The conference focused on the driving forces and global implications of the rapid growth of China's internet industry.

China is home to nearly half a billion internet users, twice the online population in the US. Already home to two of the world’s top five internet firms by market valuation, China is giving birth to innovative start-ups and powerhouse billion dollar firms in social networking, games, media, and e-commerce. These companies thriving in China are increasingly impacting the global digital economy. Fueling the rise of China’s internet firms are venture capitalists who are leading new investment models and strategies which are shaping the VC industry and the most dynamic—and profitable—internet sectors in China.

Featured speakers included internet pioneers, trailblazer investors across the Pacific, and young entrepreneurs who are shaping the rise of China 2.0.

Keynotes

Jack Ma, Chairman and CEO of Alibaba GroupContent-Disposition: form-data; name="imgcredit16"


Jack Ma, Chairman and CEO of Alibaba Group
Jack Ma - Chairman and CEO of Alibaba Group, delivered the closing keynote address. Alibaba Group includes online marketplace Alibaba ($4.8 billion market cap,ticker 1688:HK), retail and payment platforms (Taobao, Alipay), cloud computing services, China Yahoo, etc. In 2009, Jack Ma was recognized as one of the "TIME 100: The World's Most Influential People" by TIME, one of "China's Most Powerful People" by BusinessWeek and one of the "Top 10 Most Respected Entrepreneurs in China" by Forbes Chinese edition.

 


Joseph Chen (MBA '99), Chairman and CEO of Renren Inc.
Joseph Chen (MBA '99), Chairman and CEO of Renren Inc.
Joseph Chen (MBA '99) - Chairman and CEO of Renren Inc. offered a keynote speech. Renren.com is one of China’s leading social networking sites, which completed its IPO on the NYSE (ticker: RENN) in May 2011 and now has a market cap of $2.6 billion. Joseph Chen is a pioneer of China's internet industry. Before founding Renren Inc., he was the co-founder, chairman and chief executive officer of ChinaRen.com, a first-generation SNS in China and one of China's most visited websites in 1999.

 



China 2.0 Conference Co-Chairs shared sprie's research preview:

Duncan Clark, Chairman of BDA China; SPRIE Special Advisor for China 2.0 Project
Duncan Clark, Chairman of BDA China; SPRIE Special Advisor for China 2.0 Project
Duncan Clark, Chairman of BDA China; SPRIE Special Advisor for China 2.0 Project
Duncan Clark, Chairman of BDA China; SPRIE Special Advisor for China 2.0 Project
Duncan Clark is Senior Advisor for the China 2.0 Project at SPRIE and Chairman of BDA China, a company he founded in Beijing in 1994. An expert on the Internet, e-commerce and telecom sectors in China, he has guided BDA to become the leading technology and media advisory firm in China, with a team of 70 in Beijing serving financial institutions and corporations investing in high-growth sectors in China and neighboring markets.

 

 

Marguerite Gong Hancock, SPRIE Associate Director
Marguerite Gong Hancock, SPRIE Associate Director
Marguerite Gong Hancock, SPRIE Associate Director
Marguerite Gong Hancock, SPRIE Associate Director
Marguerite Gong Hancock is the Associate Director of SPRIE where co-leads overall programs and also directs research initiatives on "China 2.0" and "Smart Green Cities". Since joining Stanford in 1987, she has led international research programs at the intersection of business, technology, and policy at the Graduate School of Business and the Shorenstein Asia Pacific Research Center. She is an expert on innovation and entrepreneurship for high technology regional development and has co-edited four books and co-directs an executive education program for international policymakers.

 

Panel discussion on "china new media & E-commerce investment outlook"

Tim Chang, Managing Director of Mayfield Fund
Tim Chang, Managing Director of Mayfield Fund
Tim Chang, Managing Director of Mayfield Fund
Tim Chang, Managing Director of Mayfield Fund
Tim Chang, Managing Director of Mayfield Fund
Tim Chang, Managing Director of Mayfield Fund
Tim Chang, Managing Director of Mayfield Fund
Tim Chang, Managing Director of Mayfield Fund
Tim Chang (MBA '01), Managing Director of Mayfield Fund. Tim is a proven venture investor and experienced global executive.  He was named on the 2011 Forbes Midas List of Top 100 Dealmakers, was featured by The Deal as one of five emerging VCs to watch and by the AlwaysON Hollywood IT List recognizing technology leaders in the digital entertainment industry. 

 

 

David Chao, Co-Founder and General Partner of DCM
David Chao, Co-Founder and General Partner of DCM
David Chao, Co-Founder and General Partner of DCM
David Chao, Co-Founder and General Partner of DCM
David Chao (MBA '93), Co-Founder and General Partner of DCM. He has been active in the information technology industry since the 1980s, participating in the fastest growing sectors of computers, communication and the Internet. David serves on the Boards of 51job, 99Bill, BitTorrent, Lumi, Renren.com, RockYou and Translattice. He is also responsible for the investments in Clearwire, eDreams, Fortinet, kabu.com and Sling Media.

 

 

 

Paul Kwan, Managing Director, Morgan Stanley
Paul Kwan, Managing Director, Morgan Stanley
Paul Kwan (BAS '96), Managing Director, Morgan Stanley. Paul leads the global Internet and software banking effort at Morgan Stanley. In China, Paul and his team have led the IPOs for Renren, 21Vianet, Phoenix New Media, 51job.com and others. Morgan Stanley has also been the lead left bookrunner on the recent IPOs for LinkedIn, Pandora, Yandex, and Homeaway. In M&A, Paul has been particularly focused on the convergence of internet advertising, commerce and technology, and advised Omniture on its $1.8Bn sale to Adobe, ATG on its $1.0Bn sale to Oracle, aQuantive on its $6.1Bn sale to Microsoft, DoubleClick on its $3.1Bn sale to Google, and Zappos on its $1.1Bn sale to Amazon.

 

Richard Lim, managing director and co-founder of GSR Ventures.
Richard Lim, managing director and co-founder of GSR Ventures.
Richard Lim (MBA '88), Managing director and co-founder of GSR Ventures, the premier early-stage venture capital firm in China. Mr. Lim focuses on investments in the Internet, digital media and green technology sectors. In the Internet sector, some of the boards where Mr. Lim serves are AdChina, Baihe, Lashou, LightInTheBox and Qunar.

 

 

 

Panel discussion on "China internet entrepreneurs"

Fritz Demopoulos, Founder of Queens Road Capital, Qunar, Shawei
Fritz Demopoulos, Co-Founder and Former CEO of Qunar.com. Fritz Demopoulos has been involved in the Chinese internet and media industries for over a decade. He was recently the co-founder and CEO of Qunar.com, China's largest travel website and venture backed by GSR, Mayfield, Granite and Tenaya. Qunar sold a majority stake to Baidu earlier this year, which was the largest trade sale in the history of the Chinese internet space.

 

 

 

Grace Huang, Founder and CEO of iPinYou.com
Grace Huang, Founder and CEO of iPinYou.com
Grace Huang, Founder and CEO of iPinYou.com
Grace Huang, Founder and CEO of iPinYou.com
Grace Huang, Founder and CEO of iPinYou Interactive Advertising Co. She started her career at P&G as brand manager and was an ex-McKinsey consultant focusing on marketing. She obtained her MBA degree from ULCA business school. She has profound knowledge in brand marketing and internet advertising, especially targeting advertising.

 

 

 

 

Jianshuo Wang, Founder and CEO of Baixing.com
Jianshuo Wang, Founder and CEO of Baixing.com
Jianshuo Wang, Founder and CEO of Baixing.com
Jianshuo Wang, Founder and CEO of Baixing.com
Jianshuo Wang, CEO of Baixing.com. He founded Hotales.net in college, an online marketing site. After six years at Microsoft he launched Kijiji, eBay's classified-advertising business in China in 2005. Three years later Mr. Wang spun off Baixing.com, an online community with listings for houses, jobs and second-hand goods.

 

 

 

Nick Yang, Founder and CEO, Wukong.com; Founder, ChinaRen.com and KongZhong
Nick Yang, Founder and CEO, Wukong.com; Founder, ChinaRen.com and KongZhong
Nick Yang, Founder and CEO, Wukong.com; Founder, ChinaRen.com and KongZhong
Nick Yang, Founder and CEO, Wukong.com; Founder, ChinaRen.com and KongZhong
Nick Yang, Founder and CEO, Wukong.com; Founder, ChinaRen.com and KongZhong
Nick Yang, Founder and CEO, Wukong.com; Founder, ChinaRen.com and KongZhong
Nick Yang, Founder and CEO, Wukong.com; Founder, ChinaRen.com and KongZhong
Nick Yang, Founder and CEO, Wukong.com; Founder, ChinaRen.com and KongZhong
Nick Yang (MS '99), Founder and CEO, Wukong.com; Co-Founder, ChinaRen.com and KongZhong. He is one of China's most successful digital media entrepreneurs. He started his third venture Wukong in 2008, a mobile internet operation support company for telecom operators and mobile internet distribution network. Mr. Yang is an active Angel investor and involved in many internet and media companies in China. He graduated from Stanford University, master’s degree in electrical engineering in 1999.

 

 

 

Presentation and Discussion Topics

  • How are internet entrepreneurs transforming China’s technology sectors?  Are there any lessons from firms in China for the Valley beyond?  What is the future for US-based internet firms in China?

  • Is China giving birth to truly innovative technologies, processes or business models?  If so, are any of these innovations exportable?

  • How is the Venture Capital /Private Equity industry evolving in China? What patterns, strategies and practices distinguish the most active (and successful) investors?

  • What are the most interesting new developments that will impact the future of China’s internet?  Who comprise the next generation of 2.0 start-ups in China?

  • How is the landscape changing? What are the current key challenges and opportunities?

Conference sponsors

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CEMEX Auditorium
Knight Management Center
Stanford Graduate School of Business

Conferences

Stanford hosts Jannovation Week participants

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On August 2, 2011, the Stanford Project on Japanese Entrepreneurship (STAJE) and the U.S.-Asia Technology Management Center hosted a group of young Japanese entrepreneurs and students at the Center for Nanoscale Science and Engineering. The group visited Stanford University as part of SunBridge Partner's Jannovation (Japan-Innovation) Week. Jannovation Week is an annual five-day program for Japanese entrepreneurs and students to visit Silicon Valley and experience start-up culture, including interacting with leading start-ups in the San Francisco Bay Area, meeting with venture capital firms, visiting incubators, and learning from educators.

While at Stanford, the Jannovation program participants had the opportunity to hear presentations given by Dr. Richard Dasher, director of the U.S.-Asia Technology Management Center, and Tomi Brooks, staff member with STAJE. Dr. Dasher spoke about the significance of Silicon Valley's start-up culture. He highlighted the differences between Japan and Silicon Valley, the various ways entrepreneurs could obtain venture capital funding, and changes in the typical ownerships of a company through various stages in the company's existence. Brooks shared his experiences in helping launch mobile start-ups in both Japan and the United States, and addressed the difficulty of retaining employees in a start-up environment and the importance of social networking. He also provided marketing suggestions specific to Japanese companies launching in the U.S. market.

Several of the Jannovation Week entrepreneurs gave presentations about their start-ups to panel members who, in addition to Dr. Dasher and Brooks, included Quaeed Motiwala, managing director of DFJ JAIC, and Dr. Sridhar Jagannathan, vice president of technology strategy and partnerships of Intuit. Panel members listened to each presentation, questioned the entrepreneurs about their business models, and provided feedback about their ideas for launching in the U.S. market. The session concluded with advice from Dr. Jagannathan on how to construct a “pitch” for a U.S. market.

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Moving innovation beyond boundaries

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The Stanford Program on Regions of Innovation and Entrepreneurship hosted an international forum at Stanford University on Innovation Beyond Boundaries: Partnerships for Advancing Smart, Green Living from June 29 to 30. The forum gathered leading thinkers and practitioners to advance understanding and practice on the important topic of public-private partnerships for innovation. Dr. Kristina Johnson, former Under Secretary of Energy, and Dr. Curtis Carlson, President and CEO of SRI International provided the opening and closing keynotes respectively.

Around the world, innovation at the intersection of information technologies and clean energy is a major activity. The challenges for smart, green living require innovation across organizations, industries, disciplines, and countries. Some of the most important efforts are not those of government or industry alone but from public-private partnerships. These kinds of partnerships were actively discussed at the forum. Throughout the two-day event, experts from academia, government, and industry addressed lessons from the United States, Asia, and Europe.

Key questions probed by the speakers and the participants included roles of public-private partnerships and other forms of collaboration playing to advance innovations in smart, green industries, such as in the built environment and intelligent transportation; innovations in processes, models, and platforms that are leading the way; the results from living labs, leading cities, and other outstanding examples of public-private partnerships around the world; and the implications for business strategies and the impact of government policies to nurture advancement in these partnerships.

This forum was an invitation-only exchange in which approximately 70 participants shared experiences about multi-company collaborations, public-private partnerships, non-profit partnerships, and government-funded consortia.

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Network Associations and Professional Growth among Engineers from India and China in Silicon Valley

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The economic benefits attributed by the literature to ethnic networks include helping their members cope with social exclusion, mainstreaming, facilitating entrepreneurship, and providing access to transnational opportunities. In this article, the authors explore the benefits provided by participation in ethnic professional associations formed by Indian and Chinese engineers in Silicon Valley. We find that the ethnic professional associations offer several of these economic benefits. These benefits are complementary to the benefits from other ethnic ties and from nonethnic ties.

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American Behavioral Scientist
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Rafiq Dossani
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Center responds to Japan's recent challenges, reaffirms ties

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Since news of the March 11 Great Tohoku Earthquake broke, the Walter H. Shorenstein Asia Pacific Research Center, which has deep, longstanding ties to Japan, has closely followed and responded to this ongoing situation.

“We are still trying to absorb the magnitude and meaning of an earthquake that dwarfed anything seen in Japan—a country that is known for seismic activity—for probably more than a millennium,” said Daniel C. Sneider, associate director for research at the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC), while moderating an April 26 seminar co-sponsored by the School of Earth Sciences and the Freeman Spogli Institute for International Studies (FSI).

It is too soon to know the full domestic and global impact of the March 11 Great Tohoku Earthquake and its ensuing tsunami and nuclear accident. Japan is grappling to aid victims, to resolve the danger at the Fukushima nuclear complex, and to move forward with rebuilding amidst political debates and disrupted systems. The global supply chain suffered setbacks of unknown scale, and the disaster-readiness of the world’s other earthquake-prone coastal areas have come under scrutiny. Since news of the earthquake broke, Shorenstein APARC, which has deep, longstanding ties to Japan, has closely followed and responded to this ongoing situation.

During a March 21 CISAC event about the nuclear crisis, Shorenstein APARC director emeritus Daniel I. Okimoto predicted that Japan would weather the blow to its economy and emerge with a “new sense of national mission.” The next week, Michio Harada, Deputy Counsel General at San Francisco’s Consulate General of Japan, joined a Shorenstein APARC discussion before an overflowing audience of concerned students and interested public on the future of Japan’s energy, economy, and politics. Participants agreed that the disaster could have long-term government and policy impacts and that resolving the nuclear situation was the most immediate concern. Despite the challenges, they predicted that Japan would ultimately recover.

The Nuclear Crisis in Japan Seminar (video)
March 21, 2011

During an April 22–23 conference organized by the center’s Stanford Project on Japanese Entrepreneurship (STAJE), a panel of Japan scholars discussed the implications of the disaster for business and research trends. Takeo Hoshi of the University of California, San Diego (UCSD) suggested that the post-disaster redistribution of human capital could potentially accelerate Japan's long-term growth. UCSD scholar and STAJE Academic Advisory Group member Ulrike Schaede offered a detailed analysis of the sometimes hidden but vital place of Japanese firms in the global supply chain and the impact of the earthquake on that role.

Masahiko Aoki, an FSI senior fellow affiliated with Shorenstein APARC, presented at the April 26 seminar moderated by Sneider, the second in a two-day series about the domestic and global impacts of the earthquake. He offered insights into social, economic, and institutional aspects of the March events, noting the element of human error involved in the Fukushima accident. Aoki suggested that the situation presented an opportunity for significant institutional reform in Japan, including a reorganization of the country’s nuclear energy system.

Great Tohoku, Japan Disaster Symposium (video)
April 26, 2011

Above all, Shorenstein APARC believes that Japan will recover, and its connection to its friends, colleagues, and affiliates there remains an important center priority. In addition to frequent telephone and e-mail communication, the center will reconnect in person with a large number of its Japan affiliates in September during the annual Stanford Kyoto Trans-Asian Dialogue (DISCONTINUED).

Media commentary

“Japan earthquake update” (audio)
March 14, 2011
KQED Forum discussion featuring Daniel I. Okimoto

“Quake in Japan shouldn’t hurt U.S. economy” (video)
March 14, 2011
KTVU interview with Robert Eberhart

“Are Japanese news media asking tough questions about nuclear crisis?” (text)
March 16, 2011
About.com article featuring commentary by Daniel C. Sneider

“After the quake: Implications for Japan's political future” (text)
March 18, 2011
National Bureau for Asian Research interview with Daniel C. Sneider

“Ambassador from Silicon Valley negotiates the storm in Japan”
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March 20, 2011
San Jose Mercury News article with commentary by Daniel C. Sneider

“Japan will rebound, nuclear energy won't diminish, Stanford specialists say” (text)
March 22, 2011
Stanford Report article featuring Daniel I. Okimoto

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