Economic Affairs
-

About the talk:

Despite a short history of economic development, Korea has produced a number of leading products; the Korean economy's success is based on the technological and innovative capabilities it has accumulated over several decades.

However, a major structural weakness is the concentration of its economic power in the capital city of Seoul and its outskirts, where most industrial firms are located. In addition, eastern Korea is more industrialized than the west. This technological and innovative imbalance will lead to a gloomy outlook for the Korean economy.

Having recognized this problem, over the past decade the central and regional governments have been making great efforts to enhance regional economic and innovative potential development. Daeduck Science Town, in the center of the Korean peninsula, along with a number of technoparks are evidence of these development strategies.

Dr. Chung will present and discuss the history and characteristics of Korean regional innovation strategies for this seminar.

About the speaker:

Dr. Chung received the Ph.D from the University of Stuttgart in Germany. He worked at the Fraunhofer-Institute for Systems and Innovation Research (FhG-ISI) in Karlsruhe, Germany.  He has been a senior researcher at the Science and Technology Policy Institute (STEPI), under Korea's Ministry of Science and Technology (MOST).

In 2004, on the basis of his research work, Dr. Chung was selected as the youngest lifetime fellow of the Korean Academy of Science and Technology (KAST) (Korea's equivalent of the National Academy of Sciences). Since March 1, 2008, he has worked as Director of KAST's Policy Research Center.

In 2008 he established the William F. Miller School of MOT (Management of Technology) at Seoul's Konkuk University. Dr. Chung currently serves as Dean of the Miller MOT School.

Philippines Conference Room

Sunyang Chung Dean Speaker Miller School of MOT, Konkuk University
Seminars

China 2.0 at Stanford University, May 24-25, 2010

This two-day forum looks at the rise of China as a digital superpower.

May 2010 marks 15 years of China's first connection to the public Internet and 15 years of digital mobile communications. Home to 400 million online and 750 million mobile consumers, China is giving birth to innovative start-ups and established multi-billion dollar enterprises in social networking, games, video, music and e-commerce.

Companies thriving in China will increasingly shape the global digital economy, either by their sheer scale at home or through investments and mergers and acquisitions in the United States and other developed economies.

Join this invitation-only forum to meet with industry leaders from China and overseas to assess the likely future shape and implications of China's rise for consumers, industry players, investors, researchers and policy makers.

Conference Video Overviews 

Image
intro
Image
tencent taobao baidu
Image
mobile
Image
music

China 2.0 Introduction

Video: Tencent, Taobao and Baidu 

Enabling China's Mobile Market 

Chinese Digital Music Scene 

Image
onlinevideo
Image
ecommerce
Image
games
 

TV & Online Video 

e-Commerce 

Online Games 

 
  MONDAY, MAY 24, 2010
8:30 - 9:00 Registration and Light Breakfast
9:00 - 9:15 Session 1--Welcome Remarks and Introductory Presentation
  Marguerite Gong Hancock, Forum Co-Chair/Associate Director, SPRIE, Stanford University
  Duncan Clark, Forum Co-Chair/Chairman, BDA China; Visiting Scholar, SPRIE, Stanford University
9:15 - 10:00 Session 2--Case Studies of China 2.0 Leaders: Tencent, Taobao & Baidu
  Duncan Clark & Liu Ning, BDA China Presentation
  Moderator: Gady Epstein, Beijing Bureau Chief, Forbes
10:00 - 10:45 Special Session--Reporting China 2.0
  Loretta Chao, Reporter, Beijing Bureau, The Wall Street Journal
  Gady Epstein, Beijing Bureau Chief, Forbes
  Moderator: Daniel Sneider, Associate Director for Research, Shorenstein Asia-Pacific Research Center, Stanford University
11:00 - 12:15 Session 3--Enabling China 2.0: Infrastructure, Devices and Access
  Håkan Eriksson, CTO, Ericsson presentation
  Stanley Chia, Senior Technology Consultant, Vodafone Group R&D
  Moderator: Duncan Clark, Forum Co-Chair/Chairman, BDA China; Visiting Scholar, SPRIE, Stanford University
12.15 - 1.15 Lunch
1.15 - 2.15 Session 4--Digital Music in China
  Gary Chen, CEO, Top100.cn presentation
  Eric Priest, Assistant Professor, University of Oregon presentation
  Moderator: Loretta Chao, Reporter, Beijing Bureau, The Wall Street Journal
2.15 - 3.45 Session 5--China's Future TV Landscape
  Graham Kill, CEO, Irdeto presentation
  Caroline Pan, Director-China Strategy Office, Intel presentation
  David Strehlow, Director of Marketing, Media Solutions, Huawei
  Moderator: Andrew Lih, Associate Professor, USC Annenberg School of Communication and Journalism
3.45 - 4.00 Break
4.00 - 5.30 Session 6--e-Commerce in China
  James Jianzhang Liang, Co-Founder and Chairman, Ctrip
  Alan Tien, General Manager, PayPal Beibao China
  Fritz Demopoulos, CEO, Qunar.com
  Moderator: Mei Fong, Wall Street Journal Correspondent & Visiting Professor, USC Annenberg School of Communication & Journalism
5.30 - 6.30 Networking Reception
  TUESDAY, MAY 25, 2010
8:30 - 9:00 Registration and Light Breakfast
9.00 - 10.30 Session 7--Online & Mobile Games
  Jason Wang, Partner, Cypress River Advisors, LLC
  Ben Sternberg, Executive Director, Raine Group
  Lisa Cosmas Hanson, Managing Partner & Founder, Niko Partners
  Liu Ning, Principal Analyst - New Media, BDA China
  Moderator: Loretta Chao, Reporter, Beijing Bureau, The Wall Street Journal
10.45 - 12.15 Session 8--Financing China 2.0: VC & IPO Outlook
  York Chen, Founding Managing Partner, iDTechVentures presentation
  Olivier Glauser, Managing Director, Steamboat Ventures presentation
  Richard Hsu, Managing Director, Intel Capital China presentation
  David Lam, Managing Director, WI Harper Group presentation
  Moderator: Martin Haemmig, Senior Advisor on Venture Capital, Stanford Program on Regions of Innovation and Entrepreneurship
12.15 - 1.15 Lunch
1.15-2:45 Session 9--How Can Global Firms Thrive In & With China
  Alan Tien, General Manager, PayPal Bei Bao China
  Graham Kill, CEO, Irdeto
  Carter Agar, Former VP, GM, Walt Disney Internet Group (China), VP, Altius Education
  Jason Wang, Partner, Cypress River Advisors, LLC
  Moderator: Gady Epstein, Beijing Bureau Chief, Forbes
3:00 - 4:30 Session 10--China 2.0 Firms: The Talent Dimension
  Mark Baldwin, CEO, Oxus and Founder, Zhaopin.com
  Kelly Sang, former General Manager, Alibaba.com Americas
  David Strehlow, Director of Marketing, Media Solutions, Huawei
  Moderator: Kyung H. Yoon, CEO, Talent Age Associates LLC
4:30 - 4:45 Wrap-up

Audience 

Media & tech executives, entrepreneurs, academics and researchers, venture capitalists/private equity investors, policymakers.

Format 

  • Presentations by the on-the-ground pioneers of China 2.0 
  • Roundtable discussions on key issues and emerging trends
  • Premiere of "vox pop" video interviews of Chinese Internet users filmed in Beijing, Chengdu, Nanjing, Wuhan, Xiamen and Xi'an
  • Conference highlights to be available online (subject to speaker approval)
  • Interactive event, including a mobile application custom-made for participants

Participation and Pricing

Participation is by invitation-only. For more information, please contact SPRIE by email at sprie-stanford@stanford.edu.

The USD $50 fee covers conference sessions and materials, continental breakfast, lunch, and refreshments. A limited number of free spaces are available for current Stanford faculty, students and staff.

Agenda (subject to change)

Map and parking:

The conference is being held in the Bechtel Conference Center, located at 616 Serra Street on the first floor of Encina Hall. Free event parking is available at the Galvez Field Event Parking Lot, located at Galvez and Campus Drive East. It is less than .5 mile from the parking lot to the event. If you park at a meter, be aware that parking is $1.50/hour and is monitored from 8:00 a.m. to 4:00 p.m.

China 2.0 Sponsors

Image
BDA Logo 4g Paths PC JPEG

 

Image
WHlogo smaller

 

 

Image
SVB color

 

Image
TalentAgeAssociates18668FinalDjpeg

Bechtel Conference Center

Workshops

Violent conflicts claim 3,000 lives per day through wars, bombings and attacks that dominate the news media. Meanwhile, behind the headlines, 20,000 people die each day from causes related to hunger and poverty. Physical security and food security are deeply connected. Over a billion people suffer from chronic food insecurity, a situation that feeds violent conflict and weakens national and international security. Food insecurity is especially problematic in agricultural regions where income growth is constrained by resource scarcity, disease, and environmental stress.

-

Gerald Nelson, Senior Research Fellow at IFPRI will be giving a talk on Climate and Agriculture in the Context of Copenhagen. Nelson received his PhD from Stanford University in 1982. Since that time he has served as the Agricultural Development Council representative at the University of the Philippines, Los Banos from 1982-85, and as assistant, associate and full professor in the Department of Agricultural and Consumer Economics, University of Illinois, Urbana-Champaign from 1985 to 2008. He is now an agricultural economist at the International Food Policy Research Institute (IFPRI) in Washington, DC specializing in climate change.


Jerry Yang and Akiko Yamazaki
Environment and Energy Building (Y2E2)
Room 300

Gerald Nelson Senior Research Fellow Speaker International Food Policy and Research Institute
Seminars
-

In 2005 the Indonesian government announced a program of unconditional cash transfers to its poor and near-poor citizens to help them overcome the adverse effects of fuel price hikes caused by a massive reduction in subsidies.  The program—the largest of its kind in the world, covering some 19 million households—was reintroduced in 2008 following another round of fuel subsidy cuts.

How successful was this effort to help poor Indonesians weather these economic shocks?  Did the transfers alleviate suffering to the desired extent?  Did their unconditional character ensure quick action and wide coverage?  Or did it foster dependence on public welfare and depress incentives to work?  Were deserving recipients chosen?  Or did corruption and conflict distort the process?  Are there lessons in Indonesia’s experience applicable to other developing countries?  Dr. Sudarno will mobilize quantitative and qualitative evidence to address these questions.

Sudarno Sumarto co-founded The SMERU Research Institute and served as its director for nearly ten years.  Under his leadership, SMERU played a vanguard role in helping to reduce poverty in Indonesia through careful empirical research on behalf of improved public policy.  His more than fifty publications include studies of economic growth, poverty and unemployment reduction, and the performance of primary-school pupils, among other topics, in the Journal of Development Economics (2009), Beyond Food Production (2007), and SMERU’s own working paper series, among other venues.  He has also been active as an advisor to the Indonesian government on poverty issues and as a lecturer at the Bogor Institute of Agriculture.

Daniel and Nancy Okimoto Conference Room

Sudarno Sumarto Speaker
Seminars
-

Few topics provoke more heated debate than globalization. Globalization is considered essential for companies that want to survive in today's economy, but it is also blamed for job losses and the economic decline of the United States. Executives say they hire from abroad because of deficiencies in the U.S. workforce and skills shortages, while worker advocacy groups say it is all about cheap labor.

Wadhwa will discuss how the contentious public debates on globalization and outsourcing commonly use data that isn't grounded in reality. He will show why globalization and outsourcing are the new reality and how this trend will continue to build even more momentum. Finally, Wadhwa will provide concrete advice and ideas on how the United States can regain its edge in the global economy by understanding the new reality and focusing on its strengths such as entrepreneurship and innovation. By effectively harnessing its highly educated and skilled workforce, and balancing immigrant intellectual capital, the United States can continue to be the winner rather than the victim of globalization.

Vivek Wadhwa, currently a visiting scholar at UC-Berkeley, is a senior research associate with the Labor and Worklife Program at Harvard Law School and an executive in residence/adjunct professor at the Pratt School of Engineering at Duke University. He helps students prepare for the real world, lectures in class and leads groundbreaking research projects. He advises several start-up companies, writes a column for BusinessWeek.com and contributes to several international publications. Since joining Duke in 2005, he has researched globalization, its impact on the engineering profession and the sources of the United States' competitive advantage. Mr. Wadhwa holds an MBA from New York University and a BA in Computing Studies from the Canberra University in Australia.

Philippines Conference Room

Vivek Wadhwa Senior Research Associate Speaker Labor and Worklife Program, Harvard Law School
Seminars
-

Although South Korea is recovering relatively quickly from the worldwide recession in the wake of the U.S. financial sector crisis, it must address major structural weaknesses if it is to sustain growth over the long term. The Korean manufacturing sector is one of the world’s strongest and most efficient, but the services and (much smaller) agriculture sectors remain weak. Former senior South Korean economic policy official Byongwon Bahk argues that only by benchmarking the near miraculous success of its manufacturing sector can Korea convert traditionally weak sectors into new sources of job creation and foreign currency earnings. He will explain the necessity of, and obstacles to, inducing capital, technologies, and marketing from advanced companies in advanced countries; supporting R&D activities and education and training in weak sectors; and opening weak sectors to domestic and foreign competition.

Byongwon Bahk, a former senior South Korean government official, is the Korean Studies Program’s 2009-2010 Koret Fellow. During the past decade, he was in charge of the management of Korean macro-economic policy at the Ministry of Finance and Economy, including as vice minister. Most recently, he served in the Blue House as the senior economic advisor to President Lee Myung-bak. He received a BA and an MA in Law from Seoul National University, an MA in Industrial Engineering from Korea Advanced Institute of Science and Technology (KAIST) in Korea, and an MA in Economics from University of Washington.

This event is supported by a generous grant from the Koret Foundation.

Philippines Conference Room

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

(650) 723-9744
0
2009-10 Koret Fellow
IMG_6072ORG.JPG

Byongwon Bahk, former Senior Advisor to President Lee Myung-bak of Korea, joined the Korean Studies Program as the recipient of the Koret Fellowship for 2009-10 academic year.

Mr. Bahk served as Vice Minister of the Ministry of Finance and Economy in Korea and was a senior advisor to President Lee Myung-bak briefly.  While at the Center, he will lead a reach project on economic affairs of Korea in relations to the U.S.

The Koret Fellowship, generously funded by the by Koret Foundation of San Francisco, was established at the Center in 2008 to bring leading professionals in Asia and the United States to Stanford to conduct research on contemporary U.S.-Korean relations, with the broad aim of fostering greater understanding and closer ties between the two countries.

Byongwon Bahk 2009-2010 Koret Fellow, Asia-Pacific Research Center Speaker
Seminars
Paragraphs

The Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) convened the first Stanford Kyoto Trans-Asian Dialogue in Kyoto, Japan, on September 10 and 11, 2009. The Dialogue addressed the critical theme of “Energy, Environment, and Economic Growth in Asia,” and gathered participants from eight countries across the Asia-Pacific region: the United States, Japan, South Korea, China, Vietnam, Singapore, Indonesia, and India.

Through the Stanford Kyoto Dialogue, Shorenstein APARC seeks to build a new set of relationships across the Pacific, a network that can benefit all parties through exchange of information, analysis, interpretation, and original thinking. To develop such relationships, Dialogue organizers at Shorenstein APARC identified individuals from both a large number of different countries and a wide range of backgrounds—business, academe, media, and government—along with experts on energy and environmental issues drawn from the greater Stanford community and from countries across Asia.

Asia and the United States share deep concerns about energy—its generation, its sustainability, and its impact on the environment and the global economy. In confronting these concerns, the Stanford Kyoto Dialogue sought to facilitate not only new discovery but also the transfer of accumulated wisdom among the distinguished participants. The discussion was off-the-record, so that participants could freely express their views and engage in lively debate, but we present here a brief synopsis of each session.

All Publications button
1
Publication Type
Policy Briefs
Publication Date
Journal Publisher
Shorenstein APARC
News Type
News
Date
Paragraphs

Tapan Parikh, of UC Berkeley School of Information, spoke about a number of projects that are using mobile phone based technology to give small businesses the information they need to improve productivity. He argued that voice technology has distinct advantages over text, because it overcomes challenges of illiteracy while responding to a strong need people feel to be heard. 

Information is key for economic development and empowerment. But information is worthless unless it is also useable (leads to decisions the business owner can actually take), trusted (comes from a source he respects) and relevant (speaks about the issues he is facing). For information to be really empowering, it must also be two way: there must be ways for individuals to create content themselves.

Tapan described three current projects he is involved in:

Hisaab: Microfinance groups in India often suffer from poor paper based record keeping, making it difficult for the group to track loans and repayments. The Hissab software was designed with an interface suitable for those who may be illiterate and/or new to computing. The use of voice commands and responses in the local language, Tamil, prevented the software from feeling remote and inaccessible and contributed to the success of this initiative. 

Avaaj Otalo: Agricultural extension workers provide advice to farmers on pests, new techniques etc to help improve yields. But often they have limited reach, visiting areas only rarely, or perhaps lacking the expertise to respond to all the problems they encounter. Avaaj Otalo is a system for farmers to access relevant and timely agricultural information over the phone. By dialing a phone number and navigating through simple audio prompts, farmers can record questions, respond to others, or access content published by agricultural experts and institutions. The service has been hugely popular, with farmers willing to spend time listening to large amounts of material to find what they want. The opportunity to be broadcast was a major attraction, reflecting the desire to be heard and to create media rather than be a passive consumer of it.

Digital ICS: Smallholders' compliance with organic, fair-trade and quality requirements is usually measured via paper based internal inspections. The data uncovered by these is vital but often lost. Digital ICS is a mobile phone based application that allows inspectors to fill out the survey digitally, enhance it with visual evidence (e.g. from camera phones) and upload it onto a web application. This is being piloted with coffee farmers in Mexico. A key finding from the work is that farmers want to know who ends up drinking their coffee, what they pay for it and what they think about it. Greater links between producers and consumers may therefore be another area for this project to investigate.  

All News button
1
Subscribe to Economic Affairs