Innovation
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Over two billion adults in the world (38% of all adults) are unbanked. Several more are underbanked and may have basic accounts but do not have access to credit or insurance services and not ‘financially healthy’. Anju will share her insights on the financially underserved (unbanked and underbanked) in emerging markets and developed world and possible solutions that are emerging in the digital age to help the financially underserved, in a commercially viable manner. 

Speaker Bio

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Anju Patwardhan is a Fulbright Fellow and Visiting Scholar at Stanford University where her research is focused on Fintech and specifically on use of technology to support financial inclusion. Anju was in banking until July 2016 and has over 25 years of experience with Citibank and Standard Chartered Bank (SCB) in global leadership roles across Asia, Africa and the Middle East covering over 70 countries. She was a member of SCB’s global leadership team, global risk management group and global technology & operations management group. She has been a speaker on Fintech and Financial Inclusion at the United Nations, Asian Development Bank, World Economic Forum, SF Federal Reserve, nationally televised panel discussions in Singapore and China etc. Anju is currently a Partner with Credit Ease China for its Fintech Fund and Fund of Funds, a member of the Investment Committee. She is also a member of the World Economic Forum (WEF) Global Future Council on Blockchain and on the WEF steering committees for “Internet for All” and “Disruptive Innovation in Financial Services.” She is an alumnus of the IIT Delhi and IIM Bangalore and moved from Singapore to the Bay Area in August 2016.

Agenda

4:15pm: Doors open
4:30pm-5:30pm: Talk and Discussion
5:30pm-6:00pm: Networking

RSVP Required

 
For more information about the Silicon Valley-New Japan Project please visit: http://www.stanford-svnj.org/
Seminars
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Do startups learn from their own past experiences? What about observing other entrepreneurs' experiences? Using the results of her recent study on tech ventures on Kickstarter, Jaclyn Selby will share the circumstances under which startups do - and do NOT - learn from previous success and failure. She will also explore whether startups learn best from prior experience in related or in unrelated industries.

Speaker Bio

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Jaclyn Selby's research is at the intersection of technology, management and policy. She focuses on competitive dynamics in high tech and media industries, emphasizing innovation, startups, and intellectual property. She joins Stanford from a postdoctoral fellowship at the Tuck School of Business at Dartmouth. Her work has been published in Communications & Strategies, Foreign Policy Digest, and Intellibridge Asia.  Jaclyn holds a PhD from the University of Southern California, an MA from Georgetown University, and a BA from Sarah Lawrence College.

Prior to PhD life, Jaclyn was a Senior Researcher heading federally-funded tech strategy projects at Project Argus, a leader in disease and disaster intelligence. Her group worked with partners at the Defense Threat Reduction Agency, the Open Source Center, the University of Iowa Avian Flu prediction market, and the Al Fornace molecular biology lab. Prior to Argus, she was Research & Marketing Director of the Style and Image Network, a boutique consultancy, and a geopolitical analyst (Intellibridge, Castle Asia, Courage Services). A U.S. citizen, Jaclyn was raised overseas in Indonesia, Thailand and Singapore.

 

Agenda

4:15pm: Doors open
4:30pm-5:30pm: Talk and Discussion
5:30pm-6:00pm: Networking

RSVP Required

 
For more information about the Silicon Valley-New Japan Project please visit: http://www.stanford-svnj.org/
Seminars
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Commentary
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Researchers in the Korea Program regularly contribute to Korean media on the Korean affairs ranging from education and economics to politics and North Korea nuclear issues. The articles are in Korean language.

Nationalist Populism in South Korea (Gi-Wook Shin, August 18, 2019)

The Ambiguous Boundary Between Korean Wave and the Anti-Korean Sentiment (Joyce Lee, May 2, 2019)

Restoring the Dignity of South Korea (Gi-Wook Shin, April 18, 2019)

Happiness and Productivity (Yong Suk Lee, March 21, 2019)

Softness Overcomes Hardness  (Joyce Lee, March 6, 2019)

What should the Hanoi Declaration lay out? (Gi-Wook Shin, February 20, 2019)

What Would an Aged Society Look Like? (Yong Suk Lee, January 23, 2019)

Confront the lure of populism or risk economic failures and the coming of a far-right extremist regime (Gi-Wook Shin, January 17, 2019)

Only a drastic measure towards denuclearization can resolve the current stalemate with North Korea (Gi-Wook Shin, interview with Korea Times, January 10, 2019)

Looking After Myself (Joyce Lee, January 9, 2019)

2018, The Moon Jae-In Government's Progress Report (Gi-Wook Shin, December 27, 2018)

Rethinking North Korean Economy? (Yong Suk Lee, November 29, 2018)

The Dark Side of the Korean Culture of Hierarchy (Joyce Lee, November 14, 2018)

Trump's Second Half (Gi-Wook Shin, November 7, 2018)

How Parents Can Help their Children with Career Planning (Yong Suk Lee, October 17, 2018)

Anticipation and Concerns Mount Ahead of the 3rd Inter-Korean Summit (Joyce Lee, September 19, 2018)

Spring on the Korean Peninsula Needs to be hard fought (Gi-Wook Shin, September 5, 2018)

Should we encourage kids to learn coding? (Yong Suk Lee, August 6, 2018)

Some Thoughts on the Korean Value of Saving Face (Joyce Lee, July 16, 2018)

Koreans abroad can play important roles in achieving peace on the Korean Peninsula (Gi-Wook Shin, July 2, 2018)

Withdrawal of US troops from South Korea now becomes an option (Gi-Wook Shin, June 20, 2018)

Trump in Face-Saving Action for Kim (Joyce Lee, June 18, 2018)

South Korea and the U.S. Differ on Priorities for North Korea Policy (Gi-Wook Shin, May 14, 2018)

Is CVID Possible? (Gi-Wook Shin, May 7, 2018)

CVID Faces Challenges (Gi-Wook Shin, May 3, 2018)

The April 27 Korea Summit and the Lingering Question of CVID+α (Gi-Wook Shin, April 30, 2018)

Choices for Your Happiness (Joyce Lee, April 23, 2018)

The Ambiguity of the Moon Government's Goal for the Inter-Korean Summit (Gi-Wook Shin, April 2, 2018)

Korea as a Pacemaker (Gi-Wook Shin, March 13, 2018)

MeToo Movement Should Create Lasting Social Change (Gi-Wook Shin, March 12, 2018)

What's Wrong with Being a Nobody? (Joyce Lee, February 26, 2018)

It's Time to Move Beyond the Political Deadlock of Comfort Women Issue (Gi-Wook Shin, January 15, 2018)

Can the Government Rouse Young Koreans from Their Dreams of Childless Comfort? (Joyce Lee, January 3, 2018)

A Grand Bargain between the US and China Seems More Likely than Ever (Yong Suk Lee, December 25, 2017)

Korea No Longer a Country of Koreans (Rennie Moon, December 11, 2017)

Moon Administration's Diplomatic and Securtiy Strategies (Gi-Wook Shin, November 27, 2017)

Making Little Mr. and Ms. Perfects, But for Whose Sake and at What Cost? (Joyce Lee, November 6, 2017)

Identifying Korea as a Developed Country (Joon Nak Choi, October 30, 2017)

Superficial Korea (Gi-Wook Shin, September 26, 2017)

What Comes After the War of Words Between Trump and Kim Jong-un (Gi-Wook Shin, September 25, 2017)

In the Midst of Rising Fears of War (Joyce Lee, September 12, 2017)

Broken English as the global language (Rennie Moon, August 28, 2017)

'Polifessors' of Moon administration (Gi-Wook Shin, July 24, 2017)

In Anticipation of the Era of Korean Studies (Joyce Lee, July 17, 2017)

Technological Change: Why Korea needs a longer-term perspective on job creation (Yong Suk Lee, June 27, 2017)

Global network of Koreans abroad (Gi-Wook Shin, June 6, 2017)

First summit meeting, not to hurry (Gi-Wook Shin, May 22, 2017)

Korean Americans' love for Korea (Rennie Moon, April 24, 2017)

Trump's anti-immigration stance to be an opportunity for Kore(Gi-Wook Shin, February 27, 2017)

A Labor market by the young, and for the young (Yong Suk Lee, January 30, 2017)

If Korean universities are to succeed with internationalization (Rennie Moon, November 21, 2016)

US presidential election and Korea (Gi-Wook Shin, October 24, 2016)

Political expediency should not block technology innovation (Joon Nak Choi, September 12, 2016)

Strategic policy on inter-Korean relations is essential (Gi-Wook Shin, August 1, 2016)

Is Korea ready to embrace risk and failure? (Yong Suk Lee, June 20, 2016)

Can Pankyo become Silicon Valley in Korea? (Gi-Wook Shin, May 9, 2016)

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Authors
Clifton Parker
News Type
News
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Stanford researcher Kenji Kushida says Japanese social norms are shifting from being highly unfavorable to a tech startup culture toward one much more supportive of it.

Japanese corporations are evolving and adopting a “startup culture” to boost their business creativity and country’s economic prospects, a Stanford expert says.

“We can see that over the past 15 years or so, changes to the overall Japanese political economic context as it undergoes gradual but substantive reform over the past couple decades have created a far more vibrant startup ecosystem in Japan than most people – both inside and outside Japan – realize,” said research associate Kenji Kushida of Stanford’s Walter H. Shorenstein Asia-Pacific Research Center.

Kushida wrote in a new research paper that, over the past decade, Japan has undertaken significant reforms that are now bearing fruit – reforms ranging from monetary and fiscal policy designed to encourage private investment to a range of regulations surrounding corporate law, university organization, labor mobility and financial market reforms.

As a result – and combined with changes and challenges facing Japan’s large company sector – the country’s people are embracing a “vibrant startup ecosystem,” Kushida said. He is optimistic that such a transformation can occur in a country where stability and corporate loyalty – not necessarily innovation or creativity – have long been dominant social and business values.

Now, large Japanese firms are adjusting to performance crises and uncertain futures. As a result, the Japanese people are learning that with economic opportunity – the kind that startups promise – there also comes the risk of failure.

“A generational shift is accompanying social normative changes that are becoming more supportive of entrepreneurship and high-growth startups. Entrepreneurs and high-growth startups are celebrated in the popular media and in major events more than ever before,” Kushida wrote.

Silicon Valley networking

The influence of California’s Silicon Valley is a factor. For instance, Japanese Prime Minister Shinzo Abe last year spoke at Stanford about how his country is learning the lessons of Silicon Valley and trying to build networks into the region. So Japan is likely to see an increase in the quality and quantity of high-growth startups, according to Kushida.

He said, “The current relationship between Japan and Silicon Valley is one in which Japanese firms, ranging from large firms to startups, are looking for ways to actively harness Silicon Valley. Large firms are trying by becoming investors in Silicon Valley venture capital firms, setting up their own venture capital arms, setting up branches in the valley, and trying to engage in ‘open’ innovation by entering into tie-ups and attempting to acquire select valley startups.”

A small but growing number of Japanese entrepreneurs visited Silicon Valley either to start their own companies or to grow firms that were started in Japan, Kushida said.

Still, Japan’s tech sector is a long way from what one finds in Silicon Valley, where many of the world’s most “disruptive” and game-changing firms are located. He wrote, “When compared to Silicon Valley, the ecosystem is still small in scale, but so is virtually every other startup ecosystem.”

A growing flow of Japanese entrepreneurs and CEOs is coming to Silicon Valley to get more of a sense of how things work, Kushida said, adding, “That is what we are helping through research at the StanfordSilicon Valley-New Japan Project as part of the Japan Program at the Shorenstein Asia-Pacific Research Center.”

Kushida said that if current estimates hold, Japan should expect successful startups, all supported by a “stronger ecosystem of startup-related players, combined with more open large firms.”

These large firms, he said, will spin off entrepreneurs who leave to launch other new companies, which will accelerate the startup cycle in Japan.

Spreading technology globally

Key challenges facing Japan’s startup culture, Kushida said, are the need for more entrepreneurial role models and the “overall lack of experience in creating followers.” On the latter, he explained that while Japan has excelled at producing tech products for use in its own markets, it would benefit by getting other firms and parts of the world to adopt its products and services.

“Think of the negotiations that Apple undertook with telecom carriers around the world to roll out the iPhone worldwide, or how Google is continually negotiating with governments such as those in the European Union to allow its services to be adopted broadly,” he said.

Other Stanford scholars, such as Takeo Hoshi, have recently written about the reasons Japan was not able to pull out of a long recession that resulted in virtually no growth in the 1990s. One problem, as Hoshi described it, was that the Japanese government was unable to introduce much-needed “structural reforms” to overhaul its economic structures to increase business competition – such as deregulation to cut operating costs for firms, a key attraction for startup-minded entrepreneurs.

Japan’s “lost decade” originally referred to the 1990s, though the country has still not regained the economic power it enjoyed in the 1970s and 1980s. Some say Japan has actually experienced two lost decades if the 2000s are counted as well.

Kushida’s paper, “Japan’s Startup Ecosystem: From Brave New World to Part of Syncretic New Japan,” was published in the Asia Research Policy journal.

Clifton Parker is a writer for the Stanford News Service.

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Authors
Michelle Horton
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News
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Paragraphs

The availability of accurate and reliable information on the location of impoverished zones is surprisingly lacking for much of the world. Applying machine learning to satellite images could identify impoverished regions in Africa.

One of the biggest challenges in providing relief to people living in poverty is locating them. The availability of accurate and reliable information on the location of impoverished zones is surprisingly lacking for much of the world, particularly on the African continent. Aid groups and other international organizations often fill in the gaps with door-to-door surveys, but these can be expensive and time-consuming to conduct.

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In the current issue of Science, Stanford researchers propose an accurate way to identify poverty in areas previously void of valuable survey information. The researchers used machine learning – the science of designing computer algorithms that learn from data – to extract information about poverty from high-resolution satellite imagery. In this case, the researchers built on earlier machine learning methods to find impoverished areas across five African countries.

“We have a limited number of surveys conducted in scattered villages across the African continent, but otherwise we have very little local-level information on poverty,” said study coauthor Marshall Burke, an assistant professor of Earth system science at Stanford and a fellow at the Center on Food Security and the Environment. “At the same time, we collect all sorts of other data in these areas – like satellite imagery – constantly.”

The researchers sought to understand whether high-resolution satellite imagery – an unconventional but readily available data source – could inform estimates of where impoverished people live. The difficulty was that while standard machine learning approaches work best when they can access vast amounts of data, in this case there was little data on poverty to start with.

“There are few places in the world where we can tell the computer with certainty whether the people living there are rich or poor,” said study lead author Neal Jean, a doctoral student in computer science at Stanford’s School of Engineering. “This makes it hard to extract useful information from the huge amount of daytime satellite imagery that’s available.”

Because areas that are brighter at night are usually more developed, the solution involved combining high-resolution daytime imagery with images of the Earth at night. The researchers used the “nightlight” data to identify features in the higher-resolution daytime imagery that are correlated with economic development.

“Without being told what to look for, our machine learning algorithm learned to pick out of the imagery many things that are easily recognizable to humans – things like roads, urban areas and farmland,” said Jean. The researchers then used these features from the daytime imagery to predict village-level wealth, as measured in the available survey data.

They found that this method did a surprisingly good job predicting the distribution of poverty, outperforming existing approaches. These improved poverty maps could help aid organizations and policymakers distribute funds more efficiently and enact and evaluate policies more effectively.

“Our paper demonstrates the power of machine learning in this context,” said study co-author Stefano Ermon, assistant professor of computer science and a fellow by courtesy at the Stanford Woods Institute of the Environment. “And since it’s cheap and scalable – requiring only satellite images – it could be used to map poverty around the world in a very low-cost way.” 

Co-authors of the study, titled “Combining satellite imagery and machine learning to predict poverty,” include Michael Xie from Stanford's Department of Computer Science and David Lobell and W. Matthew Davis from Stanford's School of Earth, Energy and Environmental Sciences and the Center on Food Security and the Environment. For more information, visit the research group's website at: http://sustain.stanford.edu/

 

CONTACTS: 

Neal Jean, School of Engineering: nealjean@stanford.edu, (937) 286-6857

Marshall Burke, School of Earth, Energy and Environmental Sciences: mburke@stanford.edu, (650) 721-2203

Michelle Horton, Center on Food Security and the Environment: mjhorton@stanford.edu, (650) 498-4129

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Authors
Lisa Griswold
News Type
News
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South Korea is facing a number of challenges. Not unlike other advanced economies in Asia, the country is confronted with a declining working-age population, reduction in birth rates, and risk of long-term stagnation.

A team of Stanford researchers at Stanford’s Shorenstein Asia-Pacific Research Center (APARC), in collaboration with other scholars from around the world, is increasingly thinking about those challenges and is working on a number of research initiatives that explore potential solutions in leveraging benefits from globalization.

The researchers propose that Korea can extract value from two major movements of people – outflows of its own population (diaspora) and inflows of foreigners (immigrants and visitors), all of whom hold the capacity to build social capital – a network of people who have established trust and in turn spread ideas and resources across borders.

Engaging diaspora

Emigration is traditionally viewed as a loss of human capital – ‘brain drain’ – movement of skills out of one country and into another, but Stanford professor Gi-Wook Shin and Koret Fellow Joon Nak Choi support an alternative view of outward flows of citizens.

Shin and Choi suggest that people who leave their countries of origin but never return can still provide value to their home country through ‘brain linkage,’ which advocates that there is economic opportunity in cross-national connections despite a lack of physical presence. This concept is a focus of their research which was recently published in the book Global Talent: Skilled Labor and Mobility in Korea.

“What we’re trying to do is to extend the thinking – to not just look at potential losses of having your people go abroad but also the potential gains,” Choi said. “Previous studies have found that if you have more of these relationships or ‘brain linkages,’ you have more trade and more flow of innovations between countries.”

People who stay in a host country become participants in the local economy and often conduct influential activities such as starting companies, providing advice and sitting on boards of directors, Choi said, and these transactions enact flows of resources from home country to host country and vice versa.

Choi, who outside of his fellowship is an assistant professor at Hong Kong University of Science and Technology, said that this way of thinking pulls away from a zero-sum view of the world and instead sees it as “more globalized, cosmopolitan and diffuse.”

He leads a research project with Shin focused on global talent and cultural movement in East Asia, and over the past quarter, taught a graduate seminar on the Korean development model.

“Cross-national ties are harder to establish than those that are geographically close, but they provide invaluable means of sharing information and brokering cooperation that may otherwise be impossible on other levels,” said Shin, who is also the director of Shorenstein APARC. “In many ways, social ties can be a good strategy to gain a competitive edge. This is an area we endeavor to better understand through our research efforts on Korea.”

Shin has described his own identity of being a part of the very system they are studying. He grew up in Korea, arrived in the United States as a graduate student and has since stayed for three decades and frequently engages the academic and policy communities in Korea.

One cross-national initiative that he recently started is a collaborative study between scholars at Shorenstein APARC and Kyung Hee University in Seoul. The two-year study evaluates the social capital impact of a master’s degree program at the Korean university that trains select government officials from developing countries.


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An international cohort including many researchers from Stanford’s Shorenstein Asia-Pacific Research Center have been conducting group interviews with international students at Korean and Japanese universities to better understand their motivations to stay or go following their completion of a degree or non-degree program at Korean universities. Their initial results reveal that gaps in cross-cultural understanding and opportunities cause feelings of disassociation, but recent internationalization efforts are helping to address those gaps and support innovation, knowledge sharing and local economic growth. An op-ed on the topic authored by Stanford professor Gi-Wook Shin and Yonsei University associate professor Rennie Moon can be viewed here. Credit: Flickr/SUNY – Korea/crop and brightness applied


Harnessing foreign skilled labor

Globalization has also led to migration of people to regions that lack an adequate supply of skilled workers in their labor force. This new infusion of people is an opportunity to bridge the gap, according to the researchers.

“In order to be successful, countries need a large talented labor pool to invest in,” said Yong Suk Lee, the SK Center Fellow in the Freeman Spogli Institute for International Studies and affiliate of the Korea Program. “Innovation is not something like a technology ladder which has a more obvious and strategic trajectory, it’s more about investing in people and taking risks on their ideas.”

Korea currently has a shortage of ‘global talent’ – individuals who hold skills valuable in the international marketplace. Yet, Korea is well positioned to reduce the shortage.

The country produces a vast amount of skilled college graduates. Nearly 70 percent of Koreans between the age of 25 and 34 have the equivalent of a bachelor’s degree. Korea has the highest percentage of young adults with a tertiary education among Organisation for Economic Co-operation and Development (OECD) countries. Another study found that the foreign student population in Korea has risen by 13 percent in the past five years.

Universities are moving to “internationalize” in seeking to both recruit faculty and students from abroad and to retain them as skilled workers in the domestic labor force. A new book published by Shorenstein APARC Internationalizing Higher Education in Korea: Challenges and Opportunities in Comparative Perspective assesses efforts by institutions in Korea, China, Japan, Singapore and the United States through nine separately authored chapters.

 

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Shin and Yonsei University associate professor Rennie Moon, who served as book editors and chapter authors, found that Korea has on average more outbound students (students who leave Korea to study elsewhere) than inbound students (international students who come to Korea to study). The figure above compares five countries and finds that Korea and China are more outbound-driven while Singapore, Japan and the United States are more inbound-driven.

“For most national and private universities in Korea, internationalization is more inbound-oriented—attracting foreign students, especially from China and Southeast Asia,” said Yeon-Cheon Oh, president of Ulsan University and former Koret Fellow at Shorenstein APARC who co-edited Internationalizing Higher Education in Korea. “In many ways, it’s about filling up students numbers. There needs to be a balance in inbound and outbound student numbers in order for internationalization to have an optimal effect.”

International students that do come to Korea are on average not staying long after graduation, though. The researchers identify reasons being difficulty in adapting to the local culture, inability to attain dual citizenship, language barriers, and low wages in comparison to that of native Koreans; in short – it is not easy to assimilate fully.

These and other barriers facing foreigners in Korea are a focus of a broader research project led by Shin and Moon that aims to propose functional steps for policymakers striving to internationalize their countries and to shift the discourse on diversity.

Developing a narrative

The Korean government has expanded efforts to recruit foreign students to study at Korean universities – many of which now rank in the top 200 worldwide – but addressing education promotion is only one area.

“The challenge is to propose a pathway that rallies around a general narrative,” Lee said, citing a need for internationalization to be coordinated across immigration policy, labor standards, and social safety nets.

An international group of experts in Korean affairs gathered at Stanford earlier this year at the Koret Workshop to address the challenge of creating a cohesive narrative, focused on Korea as the case study. The Koret Foundation of San Francisco funds the workshop and fellowship in its mission to support scholarly solutions to community problems and to create societal and policy change in the Bay Area and beyond.


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The Koret Workshop brings together an international panel of experts on Korean affairs at Stanford. From 2015-2016, the workshops focused on higher education, globalization and innovation in Korea. Above, Michelle Hsieh (far right) speaks during a question and answer session following her presentation on Korean and Taiwanese small and medium enterprises, next to her is former U.S. Ambassador to the Republic of Korea Kathleen Stephens, Stanford consulting professor Richard Dasher, former U.S. foreign affairs official David Straub, and Korea University professor Myeong Hyeon Cho.


The interdisciplinary nature of the workshop was an important aspect, according to Lee, and Michelle Hsieh, one of 27 participants of the conference that covered a range of areas from entrepreneurship to export promotion policies in Korea.

“The workshop demonstrated how internationalization of higher education – and academic research in general – can be achieved by constructing cross-cutting ties,” said Hsieh, who was a postdoctoral fellow at Shorenstein APARC from 2006-07 and is now an associate research fellow at Academia Sinica in Taiwan.

“Participating in the workshop made me realize I really miss the lively and rigorous discussions at Shorenstein APARC, where researchers are interdisciplinary with diverse backgrounds yet focused on a common research interest,” Hsieh said. “I think debate and discussion in that kind of setting can illuminate a completely different take.”

The workshop will result in a book that features multiple areas and policy directions for Korea’s development. The lessons included are also envisioned to apply to other emerging countries facing similar trends of demographic change and economic slowdown. Shorenstein APARC expects to publish the book next year.

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616 Serra StreetEncina Hall E301Stanford, CA94305-6055
(650) 723-9741 (650) 723-6530
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Yusuke Asakura is a Visiting Scholar at the Walter H. Shorenstein Asia-Pacific Research Center.  He is also co-founder of Tokyo Founders Fund, an angel network composed of eight entrepreneurs, which invests in pre-seed and seed stage startup companies globally.

Prior to coming to the US, Asakaura was the CEO of mixi, a public company which runs the largest Social Networking Service in Japan.  At mixi, he led turnaround strategy by diversification of its business and increased its market cap from $200M to $4B in one year.

Prior to mixi, he was the founder and CEO of mobile tech startup, Naked Technology.  The company was acquired by mixi in 2011.

Asakura earned his bachelors degree in Law from the University of Tokyo in 2007.

Visiting Scholar
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Akiko Naka was born on October 12th 1984 in Japan. Akiko serves as a founder and chief executive officer at Wantedly, Inc., the professional social networking service she started in her apartment. Following its official launch in February 2012, Wantedly grew to 1 million monthly active users and 15,000 corporates, which has become the leading professional social networking service in Tokyo. She believes that social products enable people to change their life. Prior to Wantedly, she was a growth coordinator at Facebook Japan, contributing in the marketing and product development of Facebook in Japan. Before joining Facebook, she worked at Goldman Sachs in equity sales. She graduated from Kyoto University in 2008 with a B.A. in Economics.

AGENDA

4:15pm: Doors open
4:30pm-5:30pm: Talk and Discussion
5:30pm-6:00pm: Networking

RSVP REQUIRED
 
For more information about the Silicon Valley-New Japan Project please visit: http://www.stanford-svnj.org/
Akiko Naka, Founder and CEO, Wantedly, Inc
Seminars
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For firms around the world, the question of how to harness Silicon Valley's innovation engine is increasingly important. The answers are not obvious, since the entrepreneurial dynamism and disruptive innovations and business models of Silicon Valley are often at odds with large firms' internal dynamics and processes. This is especially the case for firms that grew up outside Silicon Valley and began as outsiders here.

This panel brings together expertise from multiple vantages-- SAP from Germany, which has a major presence in Silicon Valley, World Innovation Lab (WiL) which works with large Japanese companies in a variety of ways, and Core Venture Group, a boutique San Francisco venture capital firm co-founded by a Japanese and our panelist with extensive experience working with Japanese firms.

Please join us to get both broad perspectives and specific insights into how large outside firms can harness Silicon Valley.

PANELISTS:

Joanna Drake Earl, General Partner, Core Ventures Group

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Joanna has been creating next-generation digital experiences at the intersection of media and technology for over 20 years. Currently Joanna is a General Partner at Core Ventures Group, a seed stage technology start-up fund, investing in serial entrepreneurs who are solving big problems with advanced technologies. Until December 2012, Joanna served as Chief Operating Officer for DeNA West. She oversaw operations outside of Asia for this $5B Japanese public mobile content company, working closely with the Founder and Board of Directors on international expansion and global operations.

After joining Vice President Gore and Joel Hyatt to co-found Current TV in 2001, Joanna spent 11 years with the company including stints as President of New Media, pioneering the world's first social media platform, as well as Chief Operating Officer and Chief Strategy Officer, overseeing Sales, Marketing, Distribution, Technology, and International Operations. Earlier Joanna held executive positions at several leading technology and media start-ups, including MOXI and ReacTV. She started her career at Booz Allen & Hamilton in the Media, Entertainment and Technology consulting practice, working closely with the world's leading entertainment conglomerates and the largest Silicon Valley technology companies.

Gen Isayama, Co-Founder and CEO, World Innovation Lab

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Gen is the CEO and Co-Founder of WiL, LLC (World Innovation Lab), an organization dedicated to accelerating and promoting open innovation in large corporations across Japan. Funded by enterprises from various industries, WiL provides investment capital and strategic guidance to Japanese startups entering the global market as well as overseas ventures entering the Japanese market. In addition, WiL incubates new businesses by leveraging unused IP and resources in large corporations, facilitating innovation and entrepreneurship. Born and raised in Tokyo, Gen joined IBJ (now Mizuho Financial Group) after graduating Tokyo University and moved to Silicon Valley in 2001 to attend Stanford Business School. After graduation, Gen joined DCM Ventures, one of the top-tier Silicon Valley venture capital firms, and worked as a partner until the summer of 2013.

Kenji Kushida, Research Associate, Stanford University

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Kenji E. Kushida is a Japan Program Research Associate at the Walter H. Shorenstein Asia-Pacific Research Center and an affiliated researcher at the Berkeley Roundtable on the International Economy. Kushida’s research interests are in the fields of comparative politics, political economy, and information technology. He has four streams of academic research and publication: political economy issues surrounding information technology such as Cloud Computing; institutional and governance structures of Japan’s Fukushima nuclear disaster; political strategies of foreign multinational corporations in Japan; and Japan’s political economic transformation since the 1990s. 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. His received his MA in East Asian studies and BAs in economics and East Asian studies, all from Stanford University.

David Swanson, Executive Vice President, Human Resources, SAP SuccessFactors

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David Swanson has over 25 years of human resources management experience. He is currently the executive vice president of human resources for SAP SuccessFactors partnering with the company’s sales organization to showcase how SAP is using SAP HR. Most recently he was the CHRO for North America and prior to that the global head of HR for SAP’s products and innovation organization where he delivered the people strategy to drive business performance. In addition he has held executive human resources roles at a number of technology companies supporting global development, marketing, sales and service organizations. 

Swanson is a keynote speaker and panelist on the Future of HR focusing on how HR can make an impact in the business through analytics and big data not just activity reporting. He is actively involved in the human resources community as a board member of the Bay Area Human Resources Executive Council (BAHREC), on the innovation advisory board of HULT the global business school, an adjunct lecturer with the University of California, Santa Cruz Extension, and a regular presenter and facilitator with the Society of Human Resources Management (SHRM) and the Northern California Human Resources Association (NCHRA).

AGENDA:

4:15pm: Doors open
4:30pm-5:30pm: Panel Discussion
5:30pm-6:00pm: Networking

RSVP REQUIRED
 
For more information about the Silicon Valley-New Japan Project please visit: http://www.stanford-svnj.org/

 

Panel Discussions
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South Korea has relied on its export-oriented development model to become an economic powerhouse, but has now reached the limits of this model. Indeed, Korea’s phenomenal growth has incubated the seeds of its own destruction. Learning from the Korean developmental experience, China has adopted key elements of the Korean development model and has become a potent competitor in electronics and the heavy industries. Meanwhile, the organizational and institutional legacies of late industrialization have constrained Korean efforts to move into technology entrepreneurship and the service sector. These strategic challenges are compounded by a demographic bomb, as social development has led to collapsing birthrates in Korea, much like other developed countries in Europe and Asia. Within the next few years, the Korean workforce will start diminishing in size and aging rapidly, straining the country’s resources and curtailing its growth. In this seminar, Joon Nak Choi, 2015-16 Koret Fellow at Stanford's Shorenstein Asia-Pacific Reserach Center, will discuss innovations in business strategy, educational policy and social structure that are directly relevant to these problems, and that would alleviate or perhaps even reverse Korea’s economic malaise.

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A Stanford graduate and sociologist by training, Choi is an assistant professor of management at the School of Business and Management, Hong Kong University of Science and Technology. His research and teaching areas include economic development, social networks, organizational theory, and global and transnational sociology, within the Korean context. He coauthored Global Talent: Skilled Labor as Social Capital in Korea (Stanford University Press, 2015).

This public event is made possible through the generous support of the Koret Foundation.

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

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Joon Nak Choi is the 2015-2016 Koret Fellow in the Korea Program at Stanford University's Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC). A sociologist by training, Choi is an assistant professor at Hong Kong University of Science and Technology. His research and teaching areas include economic development, social networks, organizational theory, and global and transnational sociology, within the Korean context.

Choi, a Stanford graduate, has worked jointly with professor Gi-Wook Shin to analyze the transnational bridges linking Asia and the United States. The research project explores how economic development links to foreign skilled workers and diaspora communities.

Most recently, Choi coauthored Global Talent: Skilled Labor as Social Capital in Korea with Shin, who is also the director of the Korea Program. From 2010-11, Choi developed the manuscript while he was a William Perry postdoctoral fellow at Shorenstein APARC.

During his fellowship, Choi will study the challenges of diversity in South Korea and teach a class for Stanford students. Choi’s research will buttress efforts to understand the shifting social and economic patterns in Korea, a now democratic nation seeking to join the ranks of the world’s most advanced countries.
 
Supported by the Koret Foundation, the Koret Fellowship brings leading professionals to Stanford to conduct research on contemporary Korean affairs with the broad aim of strengthening ties between the United States and Korea. The fellowship has expanded its focus to include social, cultural and educational issues in Korea, and aims to identify young promising scholars working on these areas.

 

2015-2016 Koret Fellow
Visiting Scholar
<i>2015-16 Koret Fellow, Shorenstein APARC, Stanford University</i>
Seminars
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