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Yong Suk Lee and Charles Eesley examine how university entrepreneurship programs affect entrepreneurial activity using a unique entrepreneurship‐focused survey of Stanford alumni. OLS regressions find a positive relationship between program participation and entrepreneurship activities. However, endogeneity hinders causal interpretation. They utilize the fact that the entrepreneurship programs were implemented at the school level.

Using the introduction of each school's program as an instrument for program participation, they find that the Business School program has a negative to zero impact on entrepreneurship rates. Participation in the Engineering School program has no impact on entrepreneurship rates. However, the Business School initiative decreases startup failure and increases firm revenue. University entrepreneurship programs may not increase entrepreneurship rates, but help students better identify their potential as entrepreneurs and improve the quality of entrepreneurship.

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Strategic Management Journal
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Entrepreneurship classes and programs in colleges around the world have proliferated over the last quarter of a century, yet the literature examining the impacts and effectiveness of such initiatives is still relatively sparse and limited. Do these initiatives make a difference in the long-term entrepreneurial activity and success of their students and alumni?

Yong Suk Lee, SK Center Fellow and APARC’s Korea Program deputy director, and Charles Eesley, an associate professor and W.M. Keck Foundation Faculty Scholar at Stanford’s Department of Management Science and Engineering, have been collaborating on research that aims to fill in some of the information gaps in assessing the efficacy of entrepreneurship education programs.

In a new article published in Strategic Management Journal, Lee and Eesley examine the entrepreneurship consequences of Stanford University’s two major entrepreneurship education programs that were founded in the mid-1990s. Their findings are sobering but offer lessons for improving such efforts. Lee provides a synopsis of their findings in the video below.

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Using a unique entrepreneurship-focused survey of Stanford alumni, Lee and Eesley investigated how the Stanford Center for Entrepreneurial Studies (CES) at the Business School and the Stanford Technology Ventures Program (STVP) at the Engineering School affect entrepreneurial activity. They administered the survey to a well-defined population of comparable individuals from multiple industries, in total generating 27,783 responses. Respondents reported information on their entrepreneurial status, participation in angel investing and venture capital, and on the founding, duration, and success of start-up ventures. Respondents also indicated to what degree, if any, they had participated in the CES or STVP programs.

The survey results reveal that overall participation in the Stanford Business School CES had a negative to zero impact on entrepreneurship rates and participation in the Engineering School STVP had no impact on entrepreneurship rates. However, the data suggests that participation in the Business School initiative decreased startup failure and increased firm revenue in the long-term. “University entrepreneurship programs may not increase entrepreneurship rates,” Lee and Eesley conclude, “but help students better identify their potential as entrepreneurs and improve the quality of entrepreneurship.”

These findings provide important context to broader questions about entrepreneurship development and incubation, such as whether entrepreneurship is an intrinsic or acquired trait, and as such, whether firms should seek to develop entrepreneurial capabilities internally or acquire them from external sources. This question equally concerns universities and the strategies institutions of higher education employ to foster entrepreneurial talent.

Lee and Eesley note that it is important to take into account variation in entrepreneurship training programs in course content, emphasis, and other dimensions. Their research suggests that general entrepreneurship education that targets a broader spectrum of startups, rather than one that solely focuses on technology startups, may be more effective in reducing the uncertainty in entrepreneurial ability or improving startup performance.

These findings may generalize to other samples of selective-admission college-educated alumni, although there is certainly need for future work that explores the effects of entrepreneurship education in different institutional environments.

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A study by Yong Suk Lee, the deputy director of APARC’s Korea Program, and Management Science and Engineering professor Charles Eesley investigates the efficacy of two major Stanford entrepreneurship education initiatives, suggesting they may not increase entrepreneurial activity.

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Just over ten years after becoming the first U.S. ambassador to Japan to participate in the Hiroshima Peace Memorial Ceremony in 2010, Ambassador John Roos spoke about his experiences with 26 high school students in Stanford e-Japan from throughout Japan. In his October 16, 2020 online talk, Ambassador John Roos noted that his tenure in Japan—2009 to 2013—was defined by three major issues: (1) the 2011 Great East Japan Earthquake or 3/11; (2) Operation Tomodachi (“friend” in Japanese) during which the U.S. Armed Forces helped in disaster relief following the 3/11 crisis; and (3) the Hiroshima Peace Memorial Ceremony on August 6, 2010.

Regarding the first and second issues, Ambassador Roos recalled, “I was proud that the United States was there to help the people in Japan who obviously faced one of the biggest crises in your history… Vice President Biden came to Japan and the two of us traveled up to the Tohoku region because he wanted to see firsthand how he could help and how the United States could help, and I saw him interacting with not only the leaders but the people of the Tohoku region.” In addition to Operation Tomodachi, the youth-focused Tomodachi Initiative—a public-private partnership between the U.S.-Japan Council and the U.S. Embassy in Tokyo, with support from the Government of Japan—was born out of support for Japan’s recovery from the 2011 Great East Japan Earthquake. Regarding the third issue, Ambassador Roos shared, “I was the first United States ambassador to go to the Hiroshima commemoration ceremony. And I did that because I felt it was important to show respect for all of the victims of World War II and particularly obviously the victims of Hiroshima and Nagasaki. I did it because I felt that it was helping to promote President Obama’s agenda of the elimination of all nuclear weapons.”

During his talk, Ambassador Roos coupled his sharing of specific personal recollections with general insights on being the U.S. ambassador to Japan. For example, he explained that the role of the U.S. ambassador to Japan is twofold. First, the U.S. ambassador’s responsibility is to protect and look after the health and safety of the Americans that live in Japan—about 150,000 of them—including another 50,000 U.S. military personnel and their dependents. Second, nurturing and looking after the relationship between Japan and the United States, of course, is critical. He not only touched upon economic, political, and security relations but also emphasized the importance of student-to-student exchange. Concerning the latter, he is concerned that students from the United States are not spending enough time in Japan, and students in Japan are not spending enough time in the United States.

His insights profoundly connected to a student from Kyoto who commented, “When I am older, I hope to become a diplomat and maybe even an ambassador, so I’m really excited to get to talk to you today.” She continued, “What do you think makes a successful ambassador?” Ambassador Roos replied, “I hope you become the ambassador to the United States… Obviously, an ambassador needs to deal with all of the different policy issues and many difficult issues, but I think the most important thing is—and you may not expect this—but it is to listen… and to learn and to hear all sides of the equation… to show empathy.”

The current fall 2020 session of Stanford e-Japan is the 12th offering of the course since 2015. Stanford e-Japan is made possible by Mr. Tadashi Yanai, Chairman, President, and CEO of Fast Retailing Co., Ltd. Mr. Yanai and Ambassador Roos share a mutual concern for the need for students in Japan and the United States to spend more time in each other’s countries.

As a closing question, Stanford e-Japan Instructor Meiko Kotani asked Ambassador Roos what he expects from Japanese high school students and what role he thinks they should play to foster the U.S.–Japan relationship. Roos responded, “Well, first of all, let me tell you how impressed I am by this group of students. The reason I am doing this session at 9:00pm on a Friday night is because I think you are the future of the relationship. So I encourage you to find ways to connect with the younger generation of [the United States] because in the end, we need you. We need the best and brightest minds, not only in the United States but in Japan and the rest of the world to confront some pretty big challenges we have in the world right now… When I listen to you, it gives me a tremendous amount of hope, and so I’m just honored to have had the opportunity to talk with you.”

After Ambassador Roos signed off, the students shared some points that especially resonated with them. Among these were the deep respect that Ambassador Roos has for Japan and his visit to all 47 prefectures; the importance he placed upon the need for high school students in Japan to communicate with high school students in the United States; the importance he placed upon the leadership of the United States to be humble despite its power; and the importance of empathy. And since 2020 marks the 75th anniversary of the end of World War II, the following words that Roos stated seemed to especially resonate with the students: “President Obama said that we may not eliminate nuclear weapons in his lifetime or my lifetime. I hope in your lifetime.”

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Meiko Kotani

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John Roos (right), former U.S. ambassador to Japan (2009–13), speaks with Michael Armacost, also a former U.S. ambassador to Japan (1989–93), at Stanford University; photo courtesy Meiko Kotani
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Just over ten years after becoming the first U.S. ambassador to Japan to participate in the Hiroshima Peace Memorial Ceremony in 2010, Ambassador John Roos spoke about his experiences with 26 high school students in Stanford e-Japan from throughout Japan.

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Valerie Wu, a student at the University of Southern California and an alum of SPICE’s Reischauer Scholars Program (RSP), Sejong Korea Scholars Program (SKSP), and China Scholars Program (CSP), recently interviewed Dr. Tanya Lee, instructor of CSP, for US-China Today, a publication of USC U.S.-China Institute.

In the September 26 interview, Lee shares insightful comments on her experiences teaching the CSP, including insights on the importance of studying China for everyone, regardless of their eventual career; and how she identifies topics for the course. In addition, Lee references SPICE’s newest course, Stanford e-China (SeC), which was developed for high school students in China and focuses on “Technologies Changing the World: Design Thinking into Action.” Lee and SeC instructor Carey Moncaster are engineering a collaboration between CSP and SeC students in November, in which they will work on a “green technology” project together, exploring practical solutions to sustainability issues they see in their own communities. The students will also be connecting informally over social media and are very eager to make contact with their counterparts overseas.

Looking back at her experience in the CSP, Wu commented, “The interdisciplinary, global thinking that I cultivated as a student at SPICE has become a fundamental aspect of my academic career. As a Narrative Studies and Law, History & Culture double major with an interest in China, the academic mentorship I received through the CSP highlighted the ways that intellectual study intersects with all these different ways of thinking about a certain topic. The way an issue is framed, specifically the way that we apply our own interpretation to it, reflects not only our understanding of culture, but also our place in it.” For Lee, witnessing students like Wu continue their study of China in college makes her feel more optimistic about future U.S.–China relations, despite the current tension between the two countries.

Wu’s interview of Lee can be accessed here.

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Tanya Lee

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Japan Day 2018: Recognizing future leaders in the U.S.–Japan relationship

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Valerie Wu at Stanford University, August 10, 2018
Valerie Wu at Stanford University, August 10, 2018; photo courtesy Rylan Sekiguchi
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Lee shares her experience teaching the CSP and discusses an upcoming cross-cultural collaboration between American and Chinese high school students.

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The Stanford e-Japan Program provided me with the opportunity to take insightful lectures by front runners in various fields (for example, ambassadors, lawyers, and university professors), and to participate in absolutely riveting virtual classrooms, during which we could confer and raise questions about issues pertaining to the lectures.

Not only was it an intellectually enriching program providing extensive knowledge about the United States, I believe it was one of the turning points in my life.
Hikaru Suzuki

It was my gateway to cross-cultural understanding and international studies, and it was the key to finding my passion, as I realized that law and business were my specific areas of interests. The program pushed me to seek further education in those fields and learn more intensively.

In high school, I conducted comparative research between India and Pakistan, analyzing honor killing court cases dating back to the late 19th century, judicial systems, etc. I realized how law can reinforce social norms by signaling approval and dissent through legal decisions, and how a revision of judicial systems can have massive social impact. I decided to major in Japanese law to gain knowledge and insight into these legal regimes domestically, and to pursue my dream of addressing social injustice.

Studying law at the University of Tokyo was both rewarding and invigorating. I had chances to engage in frank discussions with professors about civil procedures and criminal law, scrutinize documents, participate in seminars, and write a research paper about criminal prosecutions for defamation in Japan. Whilst taking classes, I also had internship opportunities to see how law was put into practice at a number of domestic and international law firms, and these experiences greatly assisted in developing my practical and theoretical expertise in law.

At the same time, having an interest in business, I launched a project with university peers to tackle food insecurity in Asia with the ultimate aim of reducing social injustice through social entrepreneurship. The idea was to produce an environmentally sustainable source of animal feed and provide a new source of income for the local population. We presented this plan and placed in the top six in the Asian Regional Hult Prize competition—one of the world’s largest international social entrepreneurship competitions for students—and took our project further.

Stanford e-Japan was much more than a virtual classroom, as it introduced me to so many caring and enthusiastic educators who encouraged me to go beyond my limits, and it equipped me with the skills that are essential for learning, such as problem-solving, research, and communication skills. With these skills and personal ties, I intend to keep challenging myself and carrying on my lifelong journey of learning.

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Stanford e-Japan: A Gate for Learning about the United States and a Mirror for Reflection on Japan

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Four Stanford e-Japan Alumni Awarded Yanai Tadashi Foundation Scholarships

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Hikaru Suzuki at Akamon, University of Tokyo; photo courtesy Hikaru Suzuki
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The following reflection is a guest post written by Hikaru Suzuki, a 2015 alumna and honoree of the Stanford e-Japan Program, which is currently accepting applications for Spring 2021.

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About the Event: The Racial Equity, Diversity, and Inclusion (REDI) Task Force invites you to the first event in the "Critical Conversations: Race and Global Affairs" series focused on international research and racism. This conversation is an open dialogue featuring Dr. Christian Davenport, author of one of the pre-selected articles:

 

About the Speaker: Christian Davenport is a Professor of Political Science and Faculty Associate at the Institute for Social Research at the University of Michigan, Research Professor at the Peace Research Institute Oslo and Elected Fellow at the American Association for the Arts and Sciences. Primary research interests include political conflict, measurement, racism and popular culture. He is the author of seven books and author of numerous articles appearing in the American Political Science Review, the American Journal of Political Science and the Annual Review of Political Science (among others). He is the recipient of numerous grants (e.g., 12 from the National Science Foundation) and awards.

Please register in advance here:  https://stanford.zoom.us/meeting/register/tJUlcumpqDksHtTZFndLWMnSN5YUUKRcJxyv

Online, via Zoom: REGISTER

Gabrielle Hecht FSI Senior Fellow REDI
Christian Davenport Professor of Political Science University of Michigan
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Stanford e-Japan made my days in high school much richer. I attended the fall session of the course last year, and I am currently in the third and final year of high school.

For me, Stanford e-Japan was a “gate” to learn and understand the United States. I am truly glad that I had been able to listen to lectures offered by leading scholars in the United States. One of the most valuable parts of the course was that each topic contained views from the U.S. side. For example, in the class about World War II, we learned how the atomic bombing was taught in schools in the United States, and I was surprised to know that it illustrates more aspects of the bombing than Japan does.

Also, Stanford e-Japan helped me as it served as a “mirror” to look at Japan in a new way.
Shintaro Aoi

Through learning about the U.S.–Japan relationship from the perspective of the United States, I gained many new thoughts about Japan as well. In particular, when I read about the role of the Japan–U.S. Security Alliance, I realized that many countries in Asia and their historical legacies continue to impact U.S.–Japan relations, making the alliance a very complicated topic. In addition, I learned the benefits and responsibilities of the alliance for the United States, in addition to those for Japan. During that module, I understood that it is crucial to see things from the side of both countries. 

Discussions with students from many different backgrounds was another great feature of Stanford e-Japan. I was often inspired by the views of my classmates that are based on their unique experiences. For instance, in a discussion about gender issues and equality, some students shared their own stories about finding inequality in their schools, and others brought research and data that countries around the world are introducing to solve the problem. In virtual classes, I was often stimulated by the questions posed by other brilliant students.

Through the classes, Stanford e-Japan gave me the “bridge” to connect the United States and Japan. Now, I think we will have to keep and strengthen the relationship. In the future, I would like to be a person who works globally. Stanford e-Japan underscored the importance of keeping a peaceful relationship, and the importance of understanding each other.

Finally, I would like to thank Stanford e-Japan Instructor Meiko Kotani, the lecturers, and the Yanai Tadashi Foundation who supported this amazing program.

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The Future to Be Inherited
Japanese scholar and Ambassador Armacost chatting in a conference room
News

Four Stanford e-Japan Alumni Awarded Yanai Tadashi Foundation Scholarships

In 2015, SPICE launched the inaugural online course, Stanford e-Japan, for high school students in Japan.
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Shintaro Aoi at Keio Senior High School; photo courtesy Shintaro Aoi
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The following reflection is a guest post written by Shintaro Aoi, an alumnus of the Stanford e-Japan Program.

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This is a virtual event. Please click here to register and generate a link to the talk. 
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Reports of Chinese espionage, IP theft and military-civil fusion strategy have all fueled concerns regarding U.S. universities’ open research ecosystem, especially in STEM.  Many of the concerns focus not only on research integrity but also on potential adverse consequences to U.S. military and economic security.  This panel intends to deepen discussion on open access to U.S. universities, security risks involved, as well as the potential adverse consequences of limiting international access in science and technology (S&T) research.  Questions that panel members will be asked to address include:  What is our best estimate regarding the scale and scope of adverse influence in U.S. universities attributable to S&T collaboration with PRC personnel?  Scientific collaboration and higher education have traditionally been immune to the ups-and-downs of U.S.-China politics.  How did we get to where we are, and why?  What are remedial measures that universities can consider, optimized to balance security and ethical concerns while ensuring pre-eminent scientific advancements and continued U.S. innovation? 

 

Speakers 

Photo of Arthur BienenstockArthur Bienenstock is co-chair, with Peter Michelson, of the American Academy of Arts and Sciences’ Committee on International Scientific Partnerships.  He has also been a member of the National Science Board, the governing body of the National Science Foundation, since 2012.  From November 1997 to January 2001, he was Associate Director for Science of the White House Office of Science and Technology Policy.  At Stanford, he is Special Assistant to the President for Federal Research Policy, Associate Director of the Wallenberg Research Link and a professor emeritus of Photon Science, having joined the faculty in 1967.  He was Vice Provost and Dean of Research and Graduate Policy during the period September 2003 to November 2006, Director of the Stanford Synchrotron Radiation Lightsource from 1978 to 1977 and Vice Provost for Faculty Affairs from 1972 to 1977. 
 

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Elsa B. Kania is an Adjunct Senior Fellow with the Technology and National Security Program at the Center for a New American Security. Her research focuses on Chinese military strategy, defense innovation, and emerging technologies. Ms. Kania also works in support of the U.S. Air Force’s China Aerospace Studies Institute through its Associates Program and is a Non-Resident Fellow in Indo-Pacific Security with the Institute for the Study of War. She has been invited to testify before the House Permanent Select Committee on Intelligence, the U.S.-China Economic and Security Review Commission, and the National Commission on Service. Kania was named an official “Mad Scientist” by the U.S. Army’s Training and Doctrine Command and was a 2018 Fulbright Specialist with the Australian Strategic Policy Institute. Her first book, Fighting to Innovate, should be forthcoming with the Naval Institute Press in 2021. Currently, she is a PhD candidate in Harvard University's Department of Government.
 

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Portrait of Susan Shirk

Susan Shirk is the chair of the 21st Century China Center and a research professor at the School of Global Policy & Strategy at UC San Diego. She is also director emeritus of the University of California’s Institute on Global Conflict and Cooperation (IGCC), serving from 1992 to 1997, and again from 2007 to 2012. 

From 1997 to 2000, Shirk served as deputy assistant secretary of state in the Bureau of East Asia and Pacific Affairs, with responsibility for China, Taiwan, Hong Kong, and Mongolia. Shirk founded in 1993 the Northeast Asia Cooperation Dialogue (NEACD), an unofficial “track-two” forum for discussions of security issues among defense and foreign ministry officials and academics from the United States, Japan, China, Russia, and the Koreas.

Shirk’s book China: Fragile Superpower helped frame the policy debate on China in the U.S. and other countries. Her other publications include The Political Logic of Economic Reform in China; How China Opened its Door; Competitive Comrades: Career Incentives and Student Strategies in China; and her edited book, Changing Media, Changing China. Her current book project is Overreach: How China’s Domestic Politics Derailed its Peaceful Rise


Portrait of Tim SternsTim Stearns holds the Frank Lee and Carol Hall Professorship in the Department of Biology at Stanford University and is Senior Associate Vice Provost of Research. He also holds appointments in the Department of Genetics, is a member of the Stanford Cancer Institute and Bio-X, is a Faculty Fellow in Chem-H, and is an affiliated faculty member of the Center for International Security and Cooperation (CISAC). He is a member of JASON, a national organization that advises the government on matters of science, technology and national security. He has also been an advisor to the National Academies of Science and the President's Council of Advisors on Science and Technology (PCAST). Dr. Stearns received a B.S. from Cornell University, a Ph.D. from MIT, and did his postdoctoral fellowship at the University of California, San Francisco. His research concerns the mechanism and regulation of cell division, the organization of signaling pathways within cells, and cell biology of fungal pathogens. Stearns was named an HHMI Professor in 2002 for his work in science education, and has taught international workshops in South Africa, Chile, Ghana, and Tanzania. He is the chair of the NCSD Study Section at the NIH and has served on the editorial boards of several journals.

Via Zoom. Register at: https://bit.ly/3iqMxNM

Arthur Bienenstock <br><i>Co-chair, American Academy of Arts and Sciences’ Committee on International Scientific Partnerships; Professor of Photon Science, Emeritus, Stanford University</i><br><br>
Elsa B. Kania <br><i>Adjunct Senior Fellow, Technology and National Security Program, Center for a New American Security</i><br><br>
Susan Shirk <br><i>Chair of the 21st Century China Center, UC San Diego; Research Professor, School of Global Policy & Strategy, UC San Diego</i><br><br>
Tim Stearns <br><i>Frank Lee and Carol Hall Professorship, Department of Biology, Stanford University; Senior Associate Vice Provost of Research</i><br><br>
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Applications opened last week for the China Scholars Program (CSP), Sejong Korea Scholars Program (SKSP), and Reischauer Scholars Program (RSP) on Japan—three intensive online courses offered by SPICE, Stanford University, to high school students across the United States. All three applications can now be viewed at https://spicestanford.smapply.io/. Interested students must submit their completed application (including an essay and letter of recommendation) by the deadlines listed below.

Spring 2021 Online Course Application Deadlines

China Scholars Program: October 16, 2020
Sejong Korea Scholars Program: October 16, 2020
Reischauer Scholars Program: October 16, 2020

All three online courses are currently accepting applications for the Spring 2021 term, which will begin in February and run through June. Designed as college-level introductions to East Asia, these academically rigorous courses present high school students the unique opportunity to engage in a guided study of China, Korea, or Japan directly with leading scholars, former diplomats, and other experts from Stanford and beyond. High school students with a strong interest in East Asia and/or international relations are especially encouraged to apply.

“U.S. relations with East Asia is prominently featured in the news daily,” says Naomi Funahashi, instructor of the Reischauer Scholars Program. “SPICE is incredibly fortunate to have Stanford faculty conducting cutting-edge research on Korea, Japan, and China who are willing to help our students interpret key historical events and understand contemporary topics related to security, trade, and politics.”

Rising high school sophomores, juniors, and seniors in the United States are eligible to apply to any of the three programs. Students who are interested in more than one program can apply to two or three and rank their preferences on their applications; those who are accepted into multiple programs will be invited to enroll in their highest-preference course.

For more information on a specific course, please refer to its individual webpage at chinascholars.org, sejongscholars.org, or reischauerscholars.org.


The RSP, SKSP, and CSP are SPICE’s online courses for high school students. In addition, we offer online courses for high school students in Japan (Stanford e-Japan) and China (Stanford e-China). To be notified when the next application period opens, join our email list or follow us on Facebook, Twitter, or Instagram.

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Coming Full Circle: The Sejong Korea Scholars Program and Stanford

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Coming Full Circle: The Sejong Korea Scholars Program and Stanford
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China Scholars Program: East Asia Through a STEM Lens

The following reflection is a guest post written by Mallika Pajjuri, an alumna of the China Scholars Program and the Reischauer Scholars Program. She is now a student at MIT.
China Scholars Program: East Asia Through a STEM Lens
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Stanford’s Inner Quad with Hoover Tower in the background; photo credit Linda A. Cicero / Stanford News Service
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