Research Presentations (session 1 of 5) - Morishige, Nishinaka, and Ryou

Thursday, May 3, 2018
12:00 PM - 2:00 PM
(Pacific)
Philippines Conference Room
Encina Hall, Third Floor, Central, C330
616 Jane Stanford Way, Stanford, CA 94305
Speaker: 
  • Hiroki Morishige,
  • Hiroshi Nishinaka,
  • Jeong Ah Ryou

The format of this presentation is each of the three speakers will have approximately 15 minutes to present their research.  This will be followed by a short period of 5-10 minutes for any questions or comments from the audience.

In this session of the Corporate Affiliates Research Presentations, the following will be presented:

 

Hiroki Morishige, Shizuoka Prefectural Government, "Regional Revitalization:  Overcoming Population Decline by Innovation and Work-Style Revolution"

Population decline has been a major issue for Japan.  In the near future, this problem will cause a labor shortage and weaken local economies.  In order to overcome these, economic growth is an important key, and improvement of labor productivity is an essential element.  Labor productivity = GDP / Working hours, so we need to improve GDP by innovation and reduce working hours by work-style reform.  Morishige intends to propose approaches to realize regional revitalization in his hometown of Shizuoka by linking a bridge of innovation between Silicon Valley and Shizuoka.

 

Hiroshi Nishinaka, Ishin Co., Ltd., "How Large Japanese Enterprises Collaborate with Start-ups to Accelerate Innovation Effectively"

Silicon Valley continues to attract attention as the center of tech start-ups and innovation.  A growing proportion of the most valuable companies in the U.S. are tech companies such as Silicon Valley based tech giants -- Apple, Alphabet, and Facebook. Therefore, many large Japanese enterprises have recently been sending people to accelerate internal innovation, utilizing the Silicon Valley ecosystem.  However, many of these Japanese enterprises face common difficulties due to the cultural gap and complicated decision-making processes.  In his research, Nishinaka will share some insights into how large Japanese enterprises collaborate with start-ups to accelerate innovation effectively.  

 

Jeong Ah Ryou, The Yozma Group, "Key Success Elements of Venture Capital Ecosystem in the U.S."

Korea is considered a country with an advanced venture capital industry.  In 2017, the amount of newly arranged venture funds was over $4.4 billion USD and the total investment amount is $2.4 billion USD, each setting the highest record respectively. Although, the total size of venture capital investment is rapidly increasing each year along with the support of policy-based funds, it should be noted that the supply of venture capital to start-ups is still not sufficient compared to Korea's market size.  In her research Ryou investigates the virtuous cycle of the venture capital ecosystem in the U.S., which has mainly been driven by the private sector.  Ryou will present some of her observations of key findings and current issues about the U.S. venture capital ecosystem.