12.00 p.m. Mr. Hiroyuki FUNAGURA (Toyobo Co., Ltd., Japan) Digital Subscriber Line Research. 12.15 p.m. Ms. Reiko HAYASAKA (Sankei Shimbun, Japan) The Outlook of the Japanese Press Club. 12.30 p.m. Mr. Toshiya KOINUMA (Asahi Shimbun, Japan) Open Source Software Development and its Influence on the Software Industry. 1.00 p.m. Mr. Hidenori MITSUI (Ministry of Finance, Japan) Comparison of American and Japanese Law Fundamentals: Focusing on Tax Law. 1.20 p.m. Mr. Yoshihiko MURASAWA (The Tokyo Electric Power Co., Inc., Japan) Decision-Making Systems of Building Nuclear Power Stations in Japan. 1.40 p.m. Mr. Kiyoshi NOGUCHI (Yomiuri Shimbun, Japan) The Future of Japanese E-commerce.

Telecom reform in India has been variably paced, with false starts and imperfectly empowered regulators. The government recently changed its strategy from generating high upfront fees to revenue-sharing. The latest move in January 2000 of bifurcating the Telecom Regulatory Authority of India into separate judicial and recommendatory bodies will be analyzed by the speaker in the context of broad trends towards reform. T.H Chowdary is the Information Technology Advisor to the Government of Andhra Pradesh, in the rank of a Minister for State. He has held executive and managerial positions in Indian Government's departments of Information and Broadcasting and Telecommunications. He was Deputy Director-General in the Department of Telecommunication and the first Chairman and Managing Director of VSNL, India's Overseas Telecom Corporation. He was President of the Institution of Electronics and Telecommunications Engineers (INDIA) and UNO/ITUs Senior Expert in Guyana (1985) and Team Leader in Yemen (1990-1991). He has worked extensively for the de-monopolization and liberalization of Indian telecommunication sector. He heads the Center for Telecommunication Management and Studies (CTMS) in Hyderabad, India and is consultant to several national and international electronics and telecom companies and financial Institutions and is on the Board of Directors of a number of corporations.

Professor Gomes will discuss the role of computer-mediated communication in the construction of diasporic identities among Goans. This is part of a broader project focused on the politics of culture among Goans, examining the trends and identity expressions that relate to the re-establishment of Indian "roots"and heritage. Professor Gomes is a Malaysian-born Australian of Goan Indian descent. He teaches anthropology at La Trobe University in Melbourne, Australia. He has researched and published extensively on Malaysia's indigenous peoples (Orang Asli), focusing on demographic patterns, ecological issues, and political economy. Apart from his Goa project, he is currently writing a book, partly autobiographical, on cultural politics in Malaysia.

The great economist, Alfred Marshall, said of industrial districts: "The mysteries of the trade...are as it were in the air...." This seminar reports on a project that addresses the "mysteries" of the Valley (at least to many of the people who want to replicate it). Key topics to be discussed are a habitat that is unmatched in its ability to create new firms and take ideas to market rapidly, the edge provided by communities of practice, the high quality and highly mobile labor force, the various roles of government in the rise of the Valley, and how changes in technology and markets have favored it. Henry S. Rowen is Director of the Asia/Pacific Research Center at Stanford University. He is a senior fellow at the Hoover Institution and the Edward B. Rust professor emeritus at the University's Graduate School of Business. From 1989 to 1991, Rowen was the assistant secretary of defense for international security affairs in the U.S. Department of Defense. He was also chairman of the National Intelligence Council from 1981 to 1983, served as president of the RAND Corporation from 1968 to 1972 and was assistant director of the U.S. Bureau of the budget from 1965 to 1966. He recently was the editor of Behind East Asian Growth: The Political and Social Foundations of Prosperity, published by Routledge Press, 1998. At the present time, he is co-editing a book on how the Silicon Valley system of innovation and entrepreneurship works. The next phase of this project will examine high technology centers in Asia.

When Taiwan's government launched Hsinchu Science-based Industrial Park Project in 1979, the objectives were three fold: to revitalize the country's economic growth, to establish its indigenous high-tech base, and to slow down the (then) serious brain drain problem. After extensive consultations, study tours, and careful evaluation, a strategy was adopted to emulate Silicon Valley. The key ingredients of the strategy were to establish favorable investment and living environments for high tech entrepreneurs, to lure back some expatriate brain power, and to train more science and engineering graduates. The initial plan involved a 10-year, $500 million government fund to develop a nearly 600 hectare science park in Hsinchu, where two prestigious universities and a government funded research institution already were located. The Taiwanese government established a Hsinchu Science-based Industrial Park Administration in 1979 to execute this plan. What has happened during the past 20 years? The current status of the Hsinchu Park will be presented to substantiate the original plan and strategy. Dr. Irving T. Ho currently serves as Chairman of the Board of EiC Corp. His distinguished career includes serving as the first Director General of the Hsinchu Science-Based Industrial Park, President and CEO of International Integrated System, Inc., Vice Chairman of Taiwan's National Science Council, and senior manager and award winning researcher at IBM's East Fishkill Laboratory. Holder of 34 US patents, Dr. Ho received his M.S. and Ph.D. degrees in Electrical Engineering from Stanford University.

The role of location is gaining attention as a contributor to firm and industry competitiveness. A number of researchers have linked innovation and productivity to the geographic clustering of firms. While a variety of industry clusters in the United States and abroad have been studied, seldom have they been considered within the context of global competition. Global competition complicates the location decision. Drawing on extensive evidence from the hard disk drive industry, including information on the complete population of firms since the industry's inception, this presentation offers a framework for understanding the dynamics of industry location in international competition. David McKendrick is Research Director of the Information Storage Industry Center at the University of California, San Diego. His current research focuses on the role of location in competitive advantage, the effects of geographic dispersion on innovation and learning in multinational corporations, and the evolution of international competition. Prior to joining UCSD, he taught in the business schools at the University of California, Berkeley, and the University of Texas at Dallas. He received his Ph.D. in business from the University of California, Berkeley.

There are several technology parks in India funded by both the state and the private sector. They have been widely criticized for offering either a poor habitat for technology development or for being too expensive. Mr. Vaghul heads India's largest development bank, ICICI. ICICI has newly promoted Knowledge Park in Hyderabad to uniquely focus on business R & D. Mr. Vaghul will explain the rationale for and development of Knowledge Park in the context of India's technology development. Narayanan Vaghul, a distinguished financier and currently a visiting professor at the Leonard N. Stern School of Business at New York University, is chairman of ICICI Limited. Mr. Vaghul has had a long, distinguished career as a banker. After qualifying as a B.Com. and Chartered Associate of the Indian Institute of Bankers, he started his career in 1957 with the State Bank of India. In 1974 he left SBI (as Chief Officer, personnel) to join the National Institute of Bank Management where he soon rose to the Chief Executive position of Director. Thereafter, he worked with two of the largest Indian commercial banks, Central Bank of India as Executive Director (1978-1981) and Bank of India as Chairman & Managing Director (1981-1984). From 1985 to date Mr. Vaghul has been Chairman of ICICI Limited. Mr. Vaghul's pioneering vision and stellar contribution to Indian industry was acknowledged when Business India, a leading Indian business magazine, selected him as Businessman of the Year (1992).

The fact that software companies can be started with little more than a few programmers and their PCs has generated great interest in countries around the world looking for ways to get into the high-tech boom as part of their economic development strategy. Avron Barr and Shirley Tessler have been studying the Korean software industry in the context of their ongoing research on the worldwide software industry, looking for strategies that might help Korea develop her competitive strengths. They have looked at all aspects of the industry: software education, financial institutions and new business creation, habitat for startup companies, the domestic market, and global niche strategies. A summary of their findings and some possible recommendations will be discussed. Since 1994, Avron Barr and Shirley Tessler have been conducting SCIP's study of the worldwide software industry with Professor William F. Miller. They are also the principals of Aldo Ventures, Inc., a strategy consulting firm for software organizations. Avron studied Computer Science at Stanford, edited the four-volume Handbook of Artificial Intelligence, co-founded a Silicon Valley software start-up in 1981, and served as Marketing Director for a software publisher. Shirley also studied Computer Science at Stanford, and has an MBA from Wharton. She spent 16 years in corporate finance and M&A before joining Aldo Ventures in 1991. Together they have consulted with dozens of software companies and IT shops on the commercial application of advanced software technology and on the software industry.