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The Stanford Program on Regions of Innovation and Entrepreneurship (SPRIE) of the Stanford Graduate School of Business hosted a China 2.0 Forum in Beijing on Friday, April 12,  2013 at the Stanford Center at Peking University (SCPKU). 

Gary Locke, U.S. Ambassador to the People's Republic of China, delivered the opening keynote on "China and the Global Digital Economy," and Joseph Chen, Chairman and CEO of Renren, Inc., delivered the closing keynote on multiplying your impact in business and philanthropy.

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Left to right: Hans Tung of Qiming Ventures, Annabelle Yu Long of Bertelsmann, DONG Lu of La Miu, and Ming LEI of Kuwo, Inc. engaged in the "Fueling Firm Growth: VC & Entrepreneur Dialogue" panel discussion.

While ample capital was raised in recent years, China's VC and PE markets are now facing a flight to quality. Exits are constrained both in China and abroad. At the same time, rapid changes in social, mobile, analytics, and cloud are changing the landscape for business models and strategy. Which ideas and entrepreneurs in China will break out and why? Will the shift to mobile platforms challenge incumbent players and unlock a new generation of digital economy powerhouses? How are developments in China connected with the global digital economy?

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ZENG Ming of Alibaba Group (left) and Alex Cheng of Baidu (right) speaking on "Big Data: A New Frontier."

This invitation-only event brought together current and rising leaders from China’s tech, entrepreneur, and investor communities to discuss these questions and more in the following three sessions:

  • "Big Data: A New Frontier"
  • "Mobile Apps: The Next $100+ Billion Market?"
  • "Fueling Firm Growth: VC and Entrepreneur Dialogue"

The panels and interactive discussions included founders, senior executives or leaders from Alibaba, AppAnnie, Baidu, Bertelsmann, Evernote, GSR Ventures, Kuwo, La Miu, Qiming Ventures, RedAtoms and Stanford University. The audience included leaders from the fields of tech, investment, law and academia, including many Stanford alumni not only from Beijing, but also Shanghai, Hong Kong and beyond. Also present were journalists from publications ranging from the Wall Street Journal to the Chinese Business Journal.

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Left to right: Richard Lim (moderator) of GSR Ventures, Amy Gu of Evernote, David Liu of RedAtoms, and Junde YU of App Annie engaged in the "Mobile Apps: The Next $100+ Billion Market?" panel discussion.

Attendees were also briefed on a recent Stanford University study on alumni entrepreneurship, and China 2.0 Forum co-chairs Marguerite Gong Hancock, Associate Director at SPRIE, and Duncan Clark, Senior Advisor to SPRIE, announced new research led by SPRIE on entrepreneurship patterns in China.

The China 2.0 Beijing 2013 Forum was supported by the generous contributions of Platinum Sponsor GSR Ventures, Gold Sponsor Tencent, and the following Silver Sponsors: Alibaba Group, App Annie, Baidu, CIB Productions, Qiming Venture Partners, and RedAtoms.
 

China 2.0 is a research and education initiative led by SPRIE at the Stanford Graduate School of Business focusing on the drivers and dynamics of the rise of China’s internet industry and its global implications. China 2.0 is a bridge between Stanford/Silicon Valley and China, academia and industry, and current and next generation entrepreneurs on both sides of the Pacific.
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Walter H. Shorenstein

Asia-Pacific Research Center
Encina Hall, Room E309
616 Serra St.
Stanford, CA 94305-6055

(650) 736-0756 (650) 723-6530
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2013 Lee Kong Chian NUS-Stanford Distinguished Fellow
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Janet Hoskins will spend three months at the Walter H. Shorenstein Asia-Pacific Research Center as a Lee Kong Chian NUS-Stanford Distinguished Fellow in spring 2013. She is a professor of anthropology and religion at the University of Southern California in Los Angeles.

Her research interests include transnational religion, migration and diaspora in Southeast Asia, and she has done extended field research in Indonesia, Vietnam, Laos and Cambodia. During her time at Shorenstein APARC, she will be completing a book manuscript dealing with Caodaism, a syncretistic Vietnamese religion born in French Indochina, which now has a global following of about four million people, and a considerable presence in California. She is also co-editing (with Viet Thanh Nguyen) a volume introducing the field of Transpacific Studies (to be published by University of Hawaii Press).

Hoskins is the author of The Play of Time: Kodi Perspectives on History, Calendars and Exchange (University of California, 1996 Benda Prize in Southeast Asian Studies), and Biographical Objects: How Things Tells the Stories of People’s Lives (Routledge 1998). She is the contributing editor of Headhunting and the Social Imagination in Southeast Asia (Stanford 1996), A Space Between Oneself and Oneself: Anthropology as a Search for the Subject (Donizelli 1999), and Fragments from Forests and Libraries (Carolina Academic Press 2001). Hoskins has also produced and written three ethnographic documentaries, including The Left Eye of God: Caodaism Travels from Vietnam to California (distributed by Documentary Educational Resources).

Hoskins holds an MA and PhD in anthropology from Harvard University, and a BA in anthropology from Pomona College. She has been a visiting researcher at the Institute for Advanced Study at Princeton, the Getty Research Institute, the Kyoto Center for Southeast Asian Studies, the University of Oslo, and the Asia Research Center at the National University of Singapore.

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The lost decades for China in the 1950s, 1960s and 1970s look remarkably like the lost decades of Africa in the 1980s and 1990s. Poor land rights, weak incentives, incomplete markets and inappropriate investment portfolios. However, China burst out of its stagnation in the 1980s and has enjoyed three decades of remarkable growth. In this paper we examine the record of the development of China’s food economy and identify the policies that helped generate the growth and transformation of agriculture. Incentives, markets and strategic investments by the state were key. Equally important, however, is what the state did not do. Policies that worked and those that failed (or those that were ignored) are addressed. Most importantly, we try to take an objective, nuanced look at the lessons that might be learned and those that are not relevant for Africa. Many parts of Africa have experienced positive growth during the past decade. We examine if there are any lessons that might be helpful in turning ten positive years into several more decades of transformation.

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Center on Food Security and the Environment, Stanford University
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Scott Rozelle
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More than 2,860 American and allied troops have been killed in the Afghanistan war, which was launched in the wake of the 9/11 terrorist attacks to avenge the deaths of nearly 3,000 civilians. As many as 17,500 Afghan civilians have lost their lives in America's second-longest war. The U.S. military intends to withdraw its combat troops from Afghanistan by the end of 2014, closing a chapter in American history that has largely been dropped from the headlines and the collective consciousness of the American people.

Stanford scholars and military experts, including Karl Eikenberry, Joseph Felter, J.B. Vowell, Viet Luong, Anja Manuel and Erik Jensen, talk about the lessons learned, the gains and losses and what to expect after the war formally comes to an end.

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About the Topic: A study of how two major democracies, the United States and India, responded to one of the worst humanitarian crises of the 20th century: the 1971 atrocities in East Pakistan (present-day Bangladesh). This book documents the extent of Nixon and Kissinger's support for the Pakistani military regime, and India's mix of humanitarian and strategic motivations in its 1971 war, which created an independent Bangladesh.

About the Speaker: Gary Bass is a professor of politics and international affairs at Princeton University. He is the author of The Blood Telegram: Nixon, Kissinger, and a Forgotten Genocide (Knopf, forthcoming September 2013); Freedom's Battle: The Origins of Humanitarian Intervention (Knopf); and Stay the Hand of Vengeance: The Politics of War Crimes Tribunals (Princeton). A former reporter for The Economist, he has written often for The New York Times, as well as writing for The New Yorker, The Washington Post, The Los Angeles Times, The New Republic, Foreign Affairs, Foreign Policy, and other publications.

He has written academic articles and book chapters on human rights and international justice. He has been a fellow at the Carr Center for Human Rights Policy at Harvard University and a visiting professor of law and government at Harvard Law School. He got his Ph.D. and A.B. at Harvard.

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Gary Bass Professor of Politics and International Affairs Speaker Princeton University
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We invite you to a special event with Nandan Nilekani, co-founder of Infosys, one of the world's largest IT services companies.  Nilekani is also Chairperson of the Unique Identification Authority of India (UIDAI), an ambitious government program designed to issue biometric identity cards to all citizens of India, with goals such as of reducing corruption in government transfers and increasing financial inclusion for the poor.  The event will give us the opportunity to hear Nilekani's view on the potential of the UID project as well as the vigorous debate it has engendered.   Nilekani will also reflect on business,the economy, and philanthropy in India.  

Matt Bannick, Managing Partner of Omidyar Network, the philanthropic investment firm founded by eBay's Pierre Omidyar, will lead the discussion. Gerhard Casper, former President of Stanford University will make a special introduction.

The event is open to the public at no charge.  

 

NOTE: We are taking no further RSVPs for the event.

Oberndorf Event Center, 3rd Floor / Stanford Graduate School of Business (641 Knight Way)

Nandan Nilekani Chairperson Speaker Unique Identification Authority of India
Matt Bannick Managing Partner Moderator Omidyar Network
Gerhard Casper Fr. President Host Stanford University
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In this session of the Shorenstein APARC Corporate Affiliate Visiting Fellows Research Presentations, the following will be presented:

 

Niranjan Acharya, "Follow-on Biologics - Oppoertunities and Challenges in the U.S. Market

The pharmaceutical market in the United States is the largest in the world.  Currently, the percentage of GDP spending towards healthcare is the highest and is expected to be on the rise in coming years.  As a result, it is imperative to look for avenues to reduce the burden on the system. 

When compared to the overall pharmaceuticals market, biologics though, garner a minuscule share in prescriptions.  However, this equates into 15% of the market value, which is high compared to the number of prescriptions.  In his presentation, Acharya suggests biologics as one of the options to reduce the cost of healthcare spending and attempts to understand the overall opportunities and challenges for follow-on biologics in  the United States.

 

Xiaoyuan Shi, "Emerging Trends of Internal Audit in Risk Management"

The business world is becoming increasingly complex due to new, evolving and emerging risks.  Organizations are giving risk management more consideration, internal auditors are finding they can play important roles in risk management and may become a powerful promoter of enterprise risk management practices.  How can internal auditors shape their future?  In her presentation, Shi will introduce current internal audit activities and provide some insight into the direction of how internal auditors expect to perform in the coming years.  Shi will also provide her analysis of what is and what should be the role of internal audit in risk management. 

 

Guoqiang Zhao, "What Can China Learn from the U.S. Financial Crisis?"

The 2007-09 financial crisis triggered by the burst of the housing bubble proved to be the worst since the Great Depression of the 1930s.  As boom and bust repeated periodically, Zhao has tried to find out the vulnerabilities in both the private and public sector that caused this recent crisis to be so devastating.  Zhao shares recommendations for the reform of the Chinese financial system. 

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Niranjan Acharya Speaker Reliance Life Sciences
Xiaoyuan Shi Speaker Industrial and Commercial Bank of China
Guoqiang Zhao Speaker Industrial and Commercial Bank of China
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In this session of the Shorenstein APARC Corporate Affiliate Visiting Fellows Research Presentations, the following will be presented:

 

Sanat Deshpande, "Best Practices in Pharmaceutical Supply Chain Management"

The pharmaceutical supply chain is very complex and highly responsible to ensure that the right drug reaches the right person at the right time in the right condition to meet the medical needs to fight against disease.  Anything less than 100% service level is unacceptable.  The pharmaceutical industry is facing a series of challenges such as counterfeiting and cold chain management.  In addition to these challenges, developed countries like the United States are also dealing with the patent cliff and healthcare reforms.  There is a growing oversight by the regulatory authorities across the world to ensure patient safety when it comes to pharmaceuticals.  In his presentation, Deshpande will discuss the growth of the pharmaceutical industry focusing on the challenges faced by the supply chain and key areas where companies can improve for the future.

 

Ryo Masuda, "What Can the Cable TV Industry Learn from the Strengths of Over-The-Top Providers"

One of the biggest concerns for the cable TV (CATV) industry in the United States has been the competition with Over-the-Top providers (OTT).  OTT providers like Netflix and Hulu have been successful in penetrating its service in recent years by providing customers with TV content over the internet for a cheaper monthly flat rate.  Masuda has analyzed the current fundamental differences in service strategies of CATV and OTT providers and their customer behavior. In his research presentation, Masuda tries to answer the question – “Can the CATV industry really compete with OTT providers and what can we learn from those strengths to develop services in the future?” 

 

Wei Shi, "A Comparison Between the U.S. and China's Credit Card Markets - The Englightenment to the Development of ICBC's Credit Card Business"

Based on a statement of the basic information of China’s credit card market development and a comparison to that of the United States, Shi has researched the main problems that China’s credit card industry currently faces.  He has focused especially on the case for the Industrial and Commercial Bank of China (ICBC) by studying market conditions, credit environment, management risks, and regulatory policy, as well as the reasons and causes of these conditions.  Based on his findings, Shi proposes suggested solutions that will help to further develop the credit card business at ICBC. 

Philippines Conference Room

Sanat Deshpande Speaker Reliance Life Sciences
Ryo Masuda Speaker Sumitomo Corporation
Wei Shi Speaker Industrial and Commercial Bank of China
Seminars
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