On October 20, the SPRIE-Stanford Project on Japanese Entrepreneurship (STAJE) hosted a panel discussion featuring venture capitalists and a group of U.S.-Japan experts. The discussion with the title, "U.S.-Japan VC Cooperation and the Fly Over Phenomenon" was moderated by SPRIE Researcher, Robert Eberhart and held at the Stanford Graduate School of Business.

Panelists included Michael Alfant, CEO of Fusion Systems, Martin Kenney, Professor at UC Davis, Allen Miner, Founder of SunBridge, Scott Ellman, CEO of USAsia Venture Partners, Quaeed Motiwala, Managing Director at DFJ JAIC, and William F. Miller, Co-director of SPRIE. They discussed the tendency of U.S. based venture capital firms to fly from Silicon Valley, over Japan, and invest into China.

The panel noted that the reasons usually given by U.S. venture capitalists for the flyover phenomemon is that Japan has obscure accounting, uncertain relief in courts, and too far away to monitor. But since those risks are much larger in China other explanations were needed.  The lack of innovation - i.e. copycat firms -  that flourish in new niches in China are more attractive for VCs than the highly competitive and risky new technologies in Japan. Panelist also suggested that investing cycles are dominated by "fashion" with Japan being out of fashion, and noted the late stage investing pattern in China versus earlier stage investing in Japan and the U.S.  Finally, the panel posed an interesting question for STAJE research that perhaps under certain circumstances protected markets that are now in China might reduce the risks and increase returns for venture capitalists.

Sam Gregory, program director at WITNESS
 and Bryan Nunez, technology manager at Witness, delivered the Oct. 27 Liberation Technology seminar entitled, “Cameras Everywhere: Meeting the Challenges at the intersection of Human Rights, Video and Technology.” The speakers discussed WITNESS’ agenda to harness the power of video cameras in bringing out human rights issues into public attention. The speakers shared their story of working with human rights activists on using videos to transform personal stories of abuse into powerful tools for justice, promoting public engagement and policy change.

Gregory and Nunez discussed the strategic use of video in human rights work and their engagement with activists around the world on this subject. They suggested that there are various protagonists that play an important role as witnesses: from those who are unexpected to those who are more purposeful. In order to understand the impact of videos, it is important to go beyond those who make the videos and also consider the role of aggregators and curators, as they provide a valuable role in the process of ‘witnessing’.

They discussed different ways of capturing information through videos while taking into account security and ethical issues, and the challenges in making videos more usable especially when their production is decentralized. Other challenges they identified include: too much that is competing for our attention; the problem of privacy and of verification. Notwithstanding the challenges, they have had success over the years, and they argued, “We’ve witnessed brave people of all ages coming together to effect a profound change in their country.”

Some specific recommendations were made, including: supporting curation of human rights videos, facilitating user education and understanding of human rights issues. They suggested that it is important to have autonomous sites and options for people for hosting content. In particular, it is essential to look at resources that are not controlled by governments.

The Draper Hills Summer Fellows Program is recruiting rising leaders from around the world to join the 2012 program scheduled for July 22-August 10 at Stanford University. Entering its eighth year, the Draper Hills Summer Fellows Program is run by the faculty and staff at the Center on Democracy, Development, and the Rule of Law. The deadline to apply is December 12, 2011.

The program is funded by generous support from Bill and Phyllis Draper and Ingrid von Mangoldt Hills.

A life changing experience I will never forget. I leave a much more informed and networked civil society leader. -Titus Gwemende, Zimbabwe (Class of 2011)

Each year, the program brings together a group of 25 to 30 mid-career practitioners in law, politics, government, private enterprise, civil society, and development from emerging and aspiring democracies. The three-week program provides a unique forum for emerging leaders to connect, exchange experiences, and receive academic training to enrich their knowledge and advance their work. Academic sessions are taught by an interdisciplinary team of leading Stanford faculty who are joined by an all-star roster of outside guest speakers.

Fellows emerge from the training program better equipped with new techniques and approaches to build democracy and economic development in their home countries. The 2012 class of Draper Hills Summer Fellows will join a network of 186 alumni from 57 developing democracies worldwide.

Previous Summer Fellows have served as presidential advisors, senators, lawyers, journalists, civic activists, entrepreneurs, academic researchers, and development practitioners, among others. Strong candidates should have substantial practical experience and play important emerging roles in their country's economic and social development. The program seeks applicants from countries where democracy and development are not firmly established, in the regions of Africa, Asia, Eurasia, Latin America, and the Arab world. Successful applicants will have academic credentials necessary to participate and contribute to advanced academic sessions and a working knowledge of English.

The program is highly selective, receiving several hundred applications each year. To learn more about the program and to apply, please visit: http://draperhills.stanford.edu/. Applicants are encouraged to apply as early as possible, applications will be reviewed on a rolling basis.