Stanford University

Understanding Silicon Valley and Startup Ecosystems: New research and academic classics you should know

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Kenji Kushida will provide an overview of canonical works of Silicon Valley, including work of Martin Kenney and his classic co-edited volume "Understanding Silicon Valley" and other more recent work drawn from the Stanford Silicon Valley - New Japan project’s "Top Ten Reading List of Silicon Valley." He will also share insights from a recent report co-authored with Richard Dasher, Nobuyuki Harada, Takeo Hoshi, and Tetsuji Okazaki entitled "Institutional Foundations for Growth" which partially draws from research on Silicon Valley.   

Kanetaka Maki will present his new research from a paper entitled "Milestones to University-Based Startup Success: What Is the Impact of Academic Inventor Involvement?” Based on the data analysis of 533 University of California startups, he will explain the impact of inventor involvement in the growth and success of university-based startups.

RSVP Required

 

Agenda
4:15pm: Doors open
4:30pm-5:30pm: Lecture, followed by discussion
5:30pm-6:00pm: Networking

 

For more information about the Silicon Valley-New Japan Project please visit: http://www.stanford-svnj.org/

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Philippines Conference RoomEncina Hall, 3rd Floor616 Serra StStanford, CA 94305
Kenji Kushida, Research Associate, Shorenstein APARC Japan Program and Stanford Silicon Valley - New Japan Project leader
Kanetaka Maki, Research Associate, Shorenstein APARC Japan Program
Seminars
Stanford Silicon Valley-New Japan Project

'By a Silken Thread': regional banking integration and pathways to financial development in Japan's Great Recession

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Mathias Hoffmann is Professor of Economics at the University of Zurich. His research focuses on the macroeconomic aspects of international financial integration and on the link between financial markets and the macro-economy more generally. His recent published articles include papers on the determinants of international capital flows and imbalances, the international transmission of business cycles, on international risk sharing and banking regulation. Prior to arriving in Zurich, he was Professor at the University of Dortmund in Germany and a Lecturer at Southampton University (UK). He holds a PhD in Economics from the European University Institute in Florence and obtained his undergraduate education in economics and mathematics at WHU School of Management, Brandeis University and the University of Bonn.

Mathias Hoffmann is a fellow of CESifo Munich and has held visiting positions, at the University of California at Berkeley, the Deutsche Bundesbank, the Hong Kong Monetary Authority and Keio University.

http://www.voxeu.org/person/mathias-hoffmann

http://www.econ.uzh.ch/faculty/hoffmann.html

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Philippines Conference Room3rd floor, Encina Hall616 Serra StreetStanford, CA 94305
Mathias Hoffmann, Professor of International Trade and Finance, University of Zurich
Seminars
Japan Colloquium Series

Biomedical Innovation in Japan - Creating Environment for Innovative Research

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Kan Suzuki holds professorships at both the Graduate School of Public Policy at The University of Tokyo and the Graduate School of Media and Governance at Keio University. He has also served as a visiting researcher at the University of Sydney, part-time lecturer in policy studies at Chuo University and associate professor at Keio University’s Faculty of Environment and Information Studies.

Mr. Suzuki received his bachelor’s degree in law from The University of Tokyo in 1986 and worked at Japan’s Ministry of Economy, Trade and Industry (METI). After leaving METI, he was a member of Japan’s House of Councilors for 12 years. He served two terms as senior vice minister of Japan's Ministry of Education, Culture, Sports, Science and Technology (MEXT), and is currently an executive committee member of the Japan Football Association.

Mr. Suzuki’s publications include “Advice on Deliberation Processes” (2013), “Policy Formulation Process in Japan’s Central Government” (1999) and “The Birth of the Voluntary Economy” (1998).
 
 
RSVP Required

 

Agenda
4:15pm: Doors open
4:30pm-5:30pm: Lecture, followed by discussion
5:30pm-6:00pm: Networking

 

For more information about the Silicon Valley-New Japan Project please visit: http://www.stanford-svnj.org/

 

Download pdf
Philippines Conference RoomEncina Hall, 3rd Floor616 Serra StStanford, CA 94305
Kan Suzuki, Professor, University of Tokyo and Keio University
Seminars
Stanford Silicon Valley-New Japan Project

Using the World Bank Doing Business Ranking to inform economic reforms in Japan

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This column was published in VoxEu on October 20, 2015

The full column available here: http://www.voxeu.org/article/using-world-bank-doing-business-ranking-inform-economic-reforms-japan

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Authors
Takeo Hoshi
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Institutional Foundations for Innovation-Based Economic Growth

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Innovation is essential for the growth of a matured economy like Japan. This report examines the institutional foundations of innovation-based economic growth and explores the role of Japanese government in encouraging innovation by Japanese companies and entrepreneurs. We start by summarizing eleven elements that characterize the ecosystem of Silicon Valley, which is often considered to be the best example of innovation-based economy. We then discuss how those elements fit with six institutional foundations that support the innovation-based economic growth. Those are (A) financial system that provides funding for risky ventures, (B) labor market that provides high quality, diverse and mobile human resources, (C) interactions between industry, universities, and government to generate a constant stream of innovative ideas, products, and businesses, (D) industrial organization where large established firms and small startups grow together, (E) social system that encourage entrepreneurship, and (F) professionals that assist establishment and growth of startups. Japan has not yet established these institutional foundations. The government can help by encouraging development of these institutional foundations. If it is difficult to establish a certain institutional foundation in a short time, the government may instead help Japanese firms and entrepreneurs to tap the Silicon Valley ecosystem directly. The Japanese government has been trying numerous industrial policies that may encourage development of some of the six institutional foundations, as well as policies that directly support R&D as precursors for innovation. The latest attempts are found in the Abenomics growth strategy. Thus, we find that the underdevelopment of those institutions in Japan is not due to the lack of policy ideas. The problem has been the shortcoming in the efforts of policy evaluation to find out which policy interventions are actually promising and how those should be implemented to guarantee effectiveness. The policies that help Japanese firms and entrepreneurs to directly benefit from the Silicon Valley ecosystem have been lacking. It is worthwhile to try those policies if those are accompanied by rigorous policy evaluation and adjustments to find the effective policies.

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Working Papers
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National Institute for Research Advancement (NIRA)
Authors
Takeo Hoshi
Kenji E. Kushida
Richard Dasher
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Masahiko Aoki Memorial Conference

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The Shorenstein Asia-Pacific Research Center (APARC) Japan Program with the Freeman Spogli Institute of International Studies (FSI) as well as the Stanford Graduate School of Business, the Stanford Institute for Economic Policy Research (SIEPR), and the Stanford Department of Economics will be hosting a memorial conference and service on December 4th and 5th in honor of the late Masahiko Aoki. December 4th will be a full day conference featuring topics within Masa's extensive field of study and research including theoretical and applied economics, theory of institutions, corporate architecture and governance, and the Japanese and Chinese economies. The day will culminate with a cocktail reception. The Celebration of Life on December 5th will be a gathering for family and friends in remembrance of Masa with a light lunch reception to follow.

December 4, 2015

Memorial Conference

Bechtel Conference Center, 616 Serra Street
Stanford University

Agenda

8:30am - 8:50am            Breakfast & Registration

8:50am - 9:00am            Welcome Remarks: Takeo Hoshi (Stanford University)

9:00am - 9:30am            Kenneth Arrow (Stanford University), “The Role of Organizational Structure in the Economy”

9:30am - 10:00am          Paul Milgrom (Stanford University), "Designing the US Incentive Auction"

10:00am - 10:30am        Break

10:30am - 11:00am        Koichi Hamada, Yale University, “Masahiko Aoki: A Social Scientist"

11:00am - 11:30am        Kotaro Suzumura (Hitotsubashi University), “Masahiko Aoki (1938-2015): Recollections of his Pilgrimage and Legacy in Japan”

11:30am - 12:00pm       Yingyi Qian (Tsinghua University), "Masahiko Aoki and China"

12:00pm - 1:15pm          Lunch

1:15pm - 1:45pm            Jiahua Che (Chinese University of Hong Kong) presenting Masahiko Aoki's

                                            "Three-person game of institutional resilience vc transition: A model and

                                              China-Japan comparative history"

1:45pm - 2:15pm           Miguel Angel Garcia Cestona (Universitat Autonoma de Barcelona), "Corporate Governance and Employee Participation: some lessons from Mondragon"

2:15pm - 2:45pm           Herbert Gintis (Santa Fe Institute), "General Social Equilibrium and its Dynamics"

2:45pm - 3:15pm           Break

3:15pm - 3:45pm           Dale Jorgenson (Harvard University), "

"

3:45pm - 4:15pm           Avner Greif (Stanford University), "Comparative Institutional Analysis: China and Europe Compared"

4:15pm - 4:45pm           Francis Fukuyama (Stanford University), "Asian Kinship, Industrial Structure, and Trust in Government"

4:45pm - 5:00pm           Closing, Takeo Hoshi (Stanford University)

5:00pm - 6:00pm           Cocktail Reception

*Agenda is subject to change and will be updated as speakers are confirmed

 

December 5, 2015

Celebration of Life

Bechtel Conference Center, 616 Serra Street
Stanford University

Agenda

10:30am - 11:00am          Registration

11:00am - 12:00pm          Celebration of Life

12:00pm - 1:30pm            Lunch Reception

 

 

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Bechtel Conference Center616 Serra StreetStanford UniversityStanford, CA 94305
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