Stanford University

Entrepreneurship

Entrepreneurship in the Global Marketplace

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About the event

On Tuesday, March 1, SPRIE and Alibaba.com hosted “Entrepreneurship in the Global Marketplace,” a seminar featuring noted venture capitalists, entrepreneurs and executives. The seminar was the first in a series being conducted at several California universities under the auspices of the Schwarzenegger Emerging Entrepreneur Initiative.

Famed venture capitalist Tim Draper kicked off the event, sharing his insight on trends and strategies relevant to global business.  Multiple facets of China’s role in supporting and enabling entrepreneurial ventures were spotlighted, including the presentation of new research on the rise and global impact of Chinese e-commerce, a talk by an executive from Chinese e-commerce giant Alibaba.com, and lessons from a diverse set of entrepreneurs whose businesses depend on international trade. Additional perspectives were shared by China- and U.S.-based VCs.

This event was one of many being held at Stanford University during Entrepreneurship Week 2011, including compelling lectures, workshops, mentoring sessions, a job fair, and more. See full details at the Stanford Entrepreneurship Week website.

About the hosts

The Stanford Program on Regions of Innovation and Entrepreneurship (SPRIE) is dedicated to advancing the understanding and practice of innovation and entrepreneurship in leading high technology regions in the global economy. Through and international and interdisciplinary research, publications, executive education, and conferences, SPRIE impacts the arenas of academia, policy, and business.

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Alibaba.com is a publicly-traded company (HK:1688) focused on facilitating global trade and entrepreneurship through e-commerce for small businesses with more than 56 million users across 240 countries.

The Schwarzenegger Emerging Entrepreneur Initiative is a program to spur entrepreneurship and stimulate job growth in California, created by Alibaba.com in partnership with former Governor Arnold Schwarzenegger. Through a series of interactive events, the initiative aims to provide 3,000 California university students with guidance, skills and entrepreneurial know-how to start their own businesses and participate successfully in the knowledge-based networked economy.

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Bechtel Conference Center

Timothy C. Draper Founder Speaker Draper Fisher Jurvetson
Tami Zhu Head of International Business Development and Marketing Speaker Alibaba.com Americas

Duncan Clark

BDA China Ltd
#2908 North Tower, Kerry Centre
1 Guanghua Road
Beijing 100020, China

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Senior Advisor for China 2.0 Project
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Duncan Clark is Chairman of BDA China, a consultancy he founded in Beijing in 1994 after four years as an investment banker with Morgan Stanley in London and Hong Kong. Over the past 19 years, Duncan has guided BDA to become the leading investment advisory firm in China specialized in China's technology, internet and e-commerce sectors.

An angel investor in mobile game app developer Happy Latte and digital content metrics company App Annie Duncan has also served on the Advisory Board of Chinese internet company Netease.com (Nasdaq: NTES) and serves on the Advisory Board of the Digital Communication Fund of Geneva-based bank Pictet & Cie.

A UK citizen, Duncan was raised in England, the United States and France. A graduate of the London School of Economics & Political Science, Duncan is a Senior Advisor to the ‘China 2.0' initiative at the Stanford Graduate School of Business’s Stanford Program on Regions of Innovation and Entrepreneurship, where he was invited as a Visiting Scholar in 2010 and 2011.

Duncan is partner in a Beijing-based film production company CIB Productions, and Executive Producer of two China-themed television documentaries including ‘My Beijing Birthday’.

Duncan was appointed Officer of the Order of the British Empire (OBE) in the 2013 New Year Honours for services to British commercial interests in China.

Duncan Clark Visiting Scholar Speaker SPRIE
Mike Effle CEO Speaker Vendio
Marguerite Gong Hancock Associate Director Speaker SPRIE
William F. Miller Co-director Speaker SPRIE
Jonathan Ross Shriftman Co-founder Speaker Solé Bicycle Co
Ryder Fyrwald Vice President of Global Operations Speaker Kairos Society
Sanjay Subhedar Managing Director Speaker Storm Ventures
Hans Tung Partner Speaker Qiming Ventures
Seminars

U.S. - Japan Dialogue to Promote Innovation, Entrepreneurship and Job Creation

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Using research from the SPRIE-Project on Japanese Entrepreneurship (SPRIE-STAJE), representatives from the U.S. and Japanese governments met initially in Tokyo on May 27, 2010 to consider ways to foster an environment to promote new businesses and job creation. On November 13, 2010, the White House and the Prime Minister's Office formally launched the U.S.-Japan Dialogue to Promote Innovation, Entrepreneurship and Job Creation, elevating it to a policy-level dialogue in cooperation with SPRIE-STAJE. This dialogue aims to build on the conversation among Stanford's academic experts, prominent business people, and government officials about how to foster innovation through entrepreneurship. A roundtable discussion features the importance of innovation and entrepreneurship with leading Stanford academic experts, government officials, and business leaders. This will be followed by a panel discussion by experts from the U.S. and Japan on collaborative opportunities in pioneering smart grids for energy production, transmission, and distribution.

Featured speakers include:

  • John Roos, US Ambassador to Japan
  • Robert Hormats, Under Secretary for Economic, Energy and Agricultural Affairs, U.S. Department of State
  • William Miller, Co-Director, SPRIE, Shorenstein Asia-Pacific Research Center, Stanford Univeristy
  • Michael Armacost, Shorenstein Distinguished Fellow, Shorenstein Asia-Pacific Research Center, Stanford University and Former Ambassador to Japan
  • Norihiko Ishiguro, Director General, Ministry of Economy, Trade and Industry
  • Larry W. Sonsini, Chairman, Wilson Sonsini Goodrich & Rosati
  • Daniel I. Okimoto, Professor Emeritus, Department of Political Science & Director Emeritus, Shorenstein Asia-Pacific Research Center, Stanford University
  • Kathleen Eisenhardt, Professor, School of Engineering, Stanford University
  • Robert Eberhart, SPRIE Researcher, SPRIE, Shorenstsein Asia-Pacific Research Center, Stanford Univeristy
  • Nobuyori Kodaira, Senior Managing Director, Toyota Motor Corporation,
  • Donald Wood, Managing Director, Draper Fisher Jurvetson
  • Richard Dasher, Director, US-Asia Technology Management Center
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Jen-Hsun Huang Engineering Center
Mackenzie Conference Room
3rd Floor

Panel Discussions
Stanford Project on Japanese Entrepreneurship (STAJE)

Innovation and Entrepreneurship: A first look at linkage data of Japanese patent and enterprise census

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This paper presents the results of a comprehensive analysis of the innovative activities of the
entire population of Japanese firms by using a linked dataset of Establishment and Enterprise
Census and the IIP Patent Database (JPO patent application data). As of 2006, it was found that about 1.4% of about 4.5 million firms filed patents, and substantial patenting activities were found not only in the manufacturing field but also in a wide range of fields such as B2B services and financial sectors. In addition, a firm’s survival and growth are regressed with patenting and open innovation (measured by joint patent application with other firms and universities), and it is shown that innovative activities measured by patenting are positively correlated with such firm performance. It is also found that the relationship between patents and the survival rate is stronger for larger firms, while that between patents and firm growth is stronger for smaller firms.

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Working Papers
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Journal Publisher
REITI Discussion Paper Series
Authors

Kenji E. Kushida

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Former Research Scholar, Japan Program
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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.

Global Green Cities of the 21st Century International Symposium

In cooperation with the Stanford Program on Regions of Innovation and Entrepreneurship and other organizations, the Bay Area Council Economic Institute and its partners--Deutsche Bank's Alfred Herrhausen Society, the LSE Cities program of the London School of Economics and Cisco--will be presenting the Global Green Cities of the 21st Century International Symposium in San Francisco, CA, from February 23-25, 2011.

Cities are at the epicenter of the global economy, and of the dramatic shift of population from rural to urban settings in many countries around the world. They are also at the heart of the transition to new, more sustainable economic models, as energy and other resources are used more efficiently, emissions are reduced, and the quality of life of their residents is enhanced.

This Symposium is a high-level, invitation-only exchange among a select group of the world's most innovative elected officials, planners, architects, academics and business leaders around the theme of sustainable urban development and the evolution of green cities. Its objective is to advance the state of the art in green urban design, based on the vision and shared experience of some of the world's most innovative leaders and places.

» Event website

JW Marriott Hotel
San Francisco

Symposiums

Money for Nothing: The Politics of Terminating Major Weapons Programs

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Michael Sulmeyer is currently a pre-doctoral fellow at CISAC and a JD candidate at Stanford Law School, where he co-chairs the Stanford National Security Law Society and is a member of the Afghanistan Legal Education Project. He is also completing a DPhil in Politics at Oxford University about the termination of major weapons systems. As a Marshall Scholar, he received his Masters in War Studies with Distinction from King's College, London in 2005. From 2003-2004, Sulmeyer served as Special Assistant to the Principal Deputy Under Secretary of Defense for Policy at the U.S. Department of Defense. Before that, he worked as a Research Assistant at the Center for Strategic and International Studies in Washington D.C.

Reuben W. Hills Conference Room

Michael Sulmeyer Pre-doctoral Fellow, CISAC; JD candidate, Stanford Law School Speaker

Henry S. Rowen

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FSI Senior Fellow Emeritus and Director-Emeritus, Shorenstein APARC
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Henry S. Rowen was a senior fellow at the Hoover Institution, a professor of public policy and management emeritus at Stanford University's Graduate School of Business, and a senior fellow emeritus of the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC). Rowen was an expert on international security, economic development, and high tech industries in the United States and Asia. His most current research focused on the rise of Asia in high technologies.

In 2004 and 2005, Rowen served on the Presidential Commission on the Intelligence of the United States Regarding Weapons of Mass Destruction. From 2001 to 2004, he served on the Secretary of Defense Policy Advisory Board. Rowen was assistant secretary of defense for international security affairs in the U.S. Department of Defense from 1989 to 1991. He was also chairman of the National Intelligence Council from 1981 to 1983. Rowen served as president of the RAND Corporation from 1967 to 1972, and was assistant director of the U.S. Bureau of the Budget from 1965 to 1966.

Rowen most recently co-edited Greater China's Quest for Innovation (Shorenstein APARC, 2008). He also co-edited Making IT: The Rise of Asia in High Tech (Stanford University Press, 2006) and The Silicon Valley Edge: A Habitat for Innovation and Entrepreneurship (2000). Rowen's other books include Prospects for Peace in South Asia (edited with Rafiq Dossani) and Behind East Asian Growth: The Political and Social Foundations of Prosperity (1998). Among his articles are "The Short March: China's Road to Democracy," in National Interest (1996); "Inchon in the Desert: My Rejected Plan," in National Interest (1995); and "The Tide underneath the 'Third Wave,'" in Journal of Democracy (1995).

Born in Boston in 1925, Rowen earned a bachelors degree in industrial management from the Massachusetts Institute of Technology in 1949 and a masters in economics from Oxford University in 1955.

Faculty Co-director Emeritus, SPRIE
Senior Fellow, Hoover Institution
Henry Rowen Co-Director, Stanford Program on Regions of Innovation and Entrepreneurship Commentator
Seminars

Nothing Short of A Revolution: Women's Movements Might Just Liberate Us All!

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Kavita Ramdas is an inspirational and mindful leader, an advocate for human rights, open and civil societies, and a respected advisor and commentator on issues of social entrepreneurship, development, education, health, and philanthropy.  Kavita has spent her professional life shaping a world where gender equality can help ensure human rights and dignity for all.  She is currently a Visiting Scholar and Fellow at Stanford University, The Freeman Spogli Institute for International Studies, with the Center on Democracy, Development and the Rule of Law (CDDRL) and Center on Philanthropy and Civil Society (PACS).  In 2011, Kavita will be a Visiting Scholar abd Practitioner at Princeton University's Wodrow Wilson School of Public and International Affairs.

From 1996 to 2010, Kavita served as President and CEO of the Global Fund for Women, which grew to become the world's largest public foundation for women's rights under her leadership.  During her tenure, the Global Fund assets grew to $21million from $3 million, giving women in more than 170 countries critical access to financial capital that fueled innovation and change. Kavita serves as Senior Advisor for the Global Fund for Women.

An instinctive entrepreneur, Kavita's leadership skills were recognized early in her tenure at the Global Fund for Women when she was chosen to be a Henry Crown Fellow of the Aspen Institute.  Her vision, drive, and management skills helped the Global Fund launch programs to promote girls' education, defend women's right to health and reproductive rights, prevent violence against women, and advance women's economic independence and political participation. Among these were a pioneering Africa Outreach Initiative that channeled over $30 million in grants to women's rights activists in Sub Saharan Africa, and the ground-breaking Now or Never Fund which infused $10 million over 5 years to groups working to preserve women's reproductive health and rights, combat religious extremism, and sustain communities in the midst of war and conflict.

Prior to her time at the Global Fund for Women, Kavita developed and implemented grantmaking programs to combat poverty and inequality in inner cities across the United States as well as advance women's reproductive health in Nigeria, India, Mexico and Brazil in her capacity as a Program Officer at the Chicago based John D. and Catherine T. MacArthur Foundation.

Kavita's extensive experience in the fields of global development, human rights, women's leadership, and philanthropy have led to her service as an Advisor and Board Member for a wide range of organizations; the Alan Guttmacher Institute, the Women's Funding Network,  and the Global Development Program of the Bill & Melinda Gates Foundation. She currently serves on the Advisory Council of the Asian University for Women Support Foundation, the Global Health Initiative of the University of Chicago, PAX World Management, and the Council of Advisors on Gender Equity of the Woodrow Wilson School of Princeton University.

Kavita Chairs the Expert Working Group of the Council of Global Leaders for Reproductive Health, an initiative led by Mary Robinson, former President for Ireland.  She serves on the Board of Trustees of Princeton University, Mount Holyoke College, and the Rockefeller Brothers Fund. 

An accomplished writer and public speaker, Kavita's thought leadership is evident in writings published in a wide variety of journals, newspaper, and magazines, including the Nation, Foreign Policy, and Conscience. She has spoken at many venues, including the Global Philanthropy Forum, TED, and the United Nations.  Her media commentary and interviews include appearances on NOW with the Bill Moyers Show, PBS NewsHour with Jim Lehrer, Democracy Now!, and CNN.

Kavita is the recipient of numerous philanthropic and leadership awards including in 2010, the Council on Foundation's Robert Scrivner Award for Most Creative Grantmaker of the Year, and the Frances Hesselbein Award for Excellence in Leadership. She is a 2011 Awardee of the Legal Momentum Award.

Kavita was born and raised in India and is married to Zulfiqar Ahmad, an independent researcher on South Asia security issues. Their daughter, Mira Ahmad, is a junior at Palo Alto High School.  Kavita enjoys hiking, cooking, writing, poetry, and is a long time practitioner of yoga. 

Encina Ground Floor Conference Room

Kavita Ramdas Visiting Scholar 2010-2011 Speaker CDDRL
Seminars

Republic of Indonesia Ambassador Djalal addresses the future

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In 1998, in the twilight of the 20th century, the resignation of Indonesia's autocratic president Suharto ushered in a new political era. Corresponding changes occurred in Indonesia's economic, social, and cultural landscape. That transformation challenged and transformed the thinking of many Indonesians. One of them was Dr. Dino Patti Djalal, who recently became his country's ambassador to the United States. "I entered the twenty-first century with a new mindset," said Djalal to an overflow audience at the Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) on November 18, 2010.

As the son of a renowned Indonesian diplomat, Djalal spent much of his youth and early adulthood abroad. He attended high school in the United States and college in Canada, and went on to earn his doctorate from the London School of Economics and Political Science. Djalal's diverse professional talents and experience encompass writing, politics, and film production. Passionate about inspiring and empowering young Indonesians, Djalal founded Modernisator, a youth leadership movement in Indonesia. Before becoming ambassador to the United States in September 2010, he served on the staff of Indonesian President Susilo Bambang Yudhoyono as a spokesperson and special adviser on foreign affairs.

Djalal's speech at Shorenstein APARC featured his top eight personal beliefs about the 21st century. His remarks were a mixture of optimism and wonder tempered by caution. This new century in Djalal's eyes promises great progress and opportunity, in contrast to the 20th century, which he called "probably the bloodiest century ever in human history." Looking forward, he spoke of an "explosion of creativity," the growth of emerging and developing economies, and major advances in technology. The power to eradicate poverty and to achieve world harmony is within our grasp, he argued, provided countries are willing to be open to new ideas and to embrace progress and change.

The last century, Djalal noted, saw the fall and fragmentation of empires and the birth of many new states. Looking ahead, he did not foresee great changes in the world's geopolitical map. He hoped that world leaders would not promote a further proliferation of new countries, which would increase rivalry and instability. Instead the goal should be unification, as in the case of the Korean Peninsula. He spoke optimistically of the trend whereby existing countries such as Indonesia manage to "proliferise," or acquire new and greater global relevance, and advocated a "geopolitics of cooperation" among larger and smaller countries, as in the Group of 20.

Djalal stressed the need for rapid innovation and ongoing social, economic, and educational change. A nation that wants to succeed in the 21st century must be open and adaptable. Analysts once thought that major changes could only unfold over several generations, but now, Djalal argued, dramatic change can occur in the span of a single generation. In addition to developing open and progressive political thinking, said Djalal, good governance is essential if the world is to enjoy stability and prosperity in this century. Having a democratic government does not automatically ensure good governance, he argued. Political leaders must strive to build strong, accountable institutions that emphasize positive outcomes in key sectors such as health, education, and entrepreneurship.

Addressing the younger generation, Djalal said, "skill is your best currency" in the present century. Individuals, empowered by education and technology, are now free to make their way in the world based on their own talents. He recalled that in an earlier era in Indonesia, as in many other parts of the world, access to information was limited by social status, wealth, and gender. More than any other factor, according to Djalal, technology is the "most important driver of change." It is the small, innovative technologies such as cell phones and online banking that will most change the world, provided we learn "how to adopt it without destroying the human soul."

Globalization is here to stay, Djalal argued, so it is crucial to "embrace it intelligently." Indonesia is a large country. But rather than rely on superior physical size, Indonesia and other large countries must climb the global ranks on less tangible dimensions such as education, including the skill sets needed to develop their economies. While being open to engaging with the rest of the world, he added, countries must also cultivate a strong sense of national identity.

Djalal closed on a high and provocative note, suggesting that the free, innovative, and global nature of the current century provides the means for young people today to become "potentially the best generation of all previous generations." How then should we proceed, as individuals and as countries, to realize that bright future? Djalal left that question hanging in the air for his audience to consider and to answer.

 

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